All of the following items describe an aspect of life cycle costing EXCEPT:
A) Life cycle cost includes the cost of creating the project and using the result.
B) Many project selection decisions are made based upon life cycle cost.
C) Life cycle cost only includes the project cost from initiating through closing
D) Project managers may need to consider product disposition costs to calculate total life cycle cost.

Question

Quizplus · Accepted Answer

This statement is incorrect as life cycle cost includes all costs associated with the project over its entire life cycle, from conception to disposal.

All of the Following Items Describe an Aspect of Life