Whole life-cycle costing (WLCC) is rapidly becoming the standard method for the long-term cost appraisal of buildings and civil infrastructure projects. It has become an essential tool for those involved in the design, construction, operation and risk analysis of construction projects. With its mixture of established theory, best practice and innovative approaches, this book will help you make more accurate assessments of the long term cost effectiveness of projects by providing a thorough grounding in the theory of WLCC; demonstrating how decision making uncertainty can be reduced by basing choices on sound risk management principles and identifying a systematic approach to planning the post occupancy costs.