If you want to strengthen your ability to make sound financial decisions in asset management, this course is for you. You will learn how to calculate the lifecycle cost (LCC) and equivalent annual cost (EAC) of assets or projects, factoring in the time value of money. You will discover how to use LCC analysis to guide asset decisions, evaluate the value of improvement initiatives through cost savings, increased revenue, or avoided losses, and build convincing business cases using ROI, NPV, and IRR. These are powerful skills that will boost your credibility and help you influence investment decisions with confidence.
Duration: 4.5 hours