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9780471358855

Life-Cycle Costing Using Activity-Based Costing and Monte Carlo Methods to Manage Future Costs and Risks

by ;
  • ISBN13:

    9780471358855

  • ISBN10:

    0471358851

  • Edition: 1st
  • Format: Hardcover
  • Copyright: 2003-03-14
  • Publisher: Wiley
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Summary

"Traditional cost cutting has always had a backward focus and created lots of negative reactions -- both rational and irrational. In his new book, Jan Emblemsvag introduces a new forward looking life-cycle approach to cost management. Employing foresight instead of hindsight puts the focus on processes, uncertainty and risks, and future value creation.

Author Biography

JAN EMBLEMSVÅG is a management consultant with Det Norske Veritas Consulting, where he works on cost management, risk management, and business development projects. Formerly, he was a partner with Considium Consulting Group AS. He is coauthor, with Bert A. Bras, of Activity-Based Cost and Environmental Management: A Different Approach to the ISO 14000 Compliance.

Table of Contents

Preface.
Acknowledgments.
1. Introduction.
What Does It Cost?
The Role of Life-Cycle Costing.
Why Activity-Based Life-Cycle Costing?
Notes.
2. Basics of Life-Cycle Costing.
What Is a Life Cycle?
What Is a Cost?
Four Ways of LCC.
Notes.
3. Unce

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