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Keywords: cost element
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Proceedings Papers

Paper presented at the Offshore Technology Conference, August 16–19, 2021
Paper Number: OTC-31203-MS
... with respect to level of detail and life cycle phase (ISO 15663:2021, Figure 2 ) Comparative life cycle costing may include only the relevant cost elements. Hence, the standard provides guidance on how to define and select the relevant cost elements to ensure cost-effective life cycle costing...

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