Facilitating Use of LCC by Knowledge Management: An Empirical Case Study

The application of Life Cycle Costing in the world is still hindered significantly by the lack of standard methods and the excuse of lack of sound data upon which to arrive at accurate decisions. This paper tend to explore the knowledge management issues in LCC based on a brief but representative literature review by which the relationship between barriers to apply LCC and knowledge management is showed. A knowledge management framework for facilitating use of LCC is proposed and some facilitating experiences under the framework are presented based on an empirical multiple-case study. An essential effort is to reconcile and integrate LCC to existing management information system rather than to establish an independent but absolute LCC system.