If it's Not Broke You Still Might Want to Fix It: Lifecycle Costing Analysis for Capital Assets
Just like a fine wine, capital assets seem to only get more expensive with age. However, the finance office plays a critical role in informing the timing of decisions on repair, maintenance, and replacement based on total lifecycle costs and working with engineers and operators to get the maximum return. In this session, speakers will address how to get started with lifecycle costing and how to use lifecycle cost data to both improve the performance of assets, reduce total operating costs, and eliminate costs repair or replacement needs in an asset's last few years of service.
Executive Director, Asset Leadership Network
Executive Director, West Michigan Shoreline Regional Development Commission
CEO, Traininer and Consultant, icInfrastrucutre
International Advisor, GFOA (CEDCP)