Open Access
Table 1
Benefits of LCC to the corporate occupiers.
| LCC identifies whole costs | LCC methods enable occupiers to recognise the whole costs emanating from buildings throughout its operational life without looking at only the initial capital costs. |
| LCC acts as a decision making tool | LCC helps in decision making and leads to functioning and monetary investment strategies. |
| LCC acts as a management tool | LCC allows occupiers to select the best resolution and also allows for good control of the asset during its operation. |
| LCC acts as a maintenance guide | LCC provides diverse maintenance systems to be adopted, as well as maintenance cycles and their occurrences and to make repairs/replacement decisions, improvements, refurbishment decisions and also to agree on the maintenance budget. |
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