WLC Software Ltd currently offers workshops to provide training and guidance on whole life costing. We can also provide tailored workshops to meet the needs of specific organisations.
Please register to be kept informed of future workshops and other events.
Introductory workshop
This workshop will provide an introduction to the latest approaches to whole life costing including ISO 15686, “Buildings and constructed assets – Service life Planning – Part 5: Life Cycle Costing”, and the BCIS Standardised Method of Life Cycle Costing for Construction.
The workshop is aimed at those who would like to understand the principles of whole life costing. It will be of particular interest to those involved in designing, constructing, operating and maintaining projects within client, design, quantity surveying and contracting organisations and for materials manufacturers and suppliers. Participants will gain an understanding of what they need to consider and how to calculate life cycle costs.
This half-day workshop includes:
- Whole life cost terminology
- Whole life cost drivers
- Whole life cost process
- The ISO 15686 Standard, Part 5
- Whole life cost data and pricing methods
- Net present value and other financial methods
- Risk and sensitivity analysis
- Whole Life Cost Evaluator: software demo: life cycle cost exercise
Practical workshop
This practical workshop will offer hands on experience to carry out a life cycle cost calculation aligned to the latest approaches to whole life costing including ISO 15686.
Participants will actively be guided through the processes involved to create option scenarios and trade-off between the client’s requirements, operational performance, capital cost and future running costs.
This half-day workshop includes:
- Introduction to whole life costing
- process, terminology and drivers
- Whole Life Cost Evaluator: software demo
- Life cycle cost hands-on exercise using Whole Life Cost Evaluator software
Upcoming training workshops
Upcoming workshop details and online registration forms are here.