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Life Cycle Costing for Project Planning

Event Code: 80049

Ministry of Finance (MOF) has developed the Life Cycle Costing (LCC) Guide for Building Projects for public officers involved in building and infrastructure planning to better guide them in applying LCC for project planning. This programme will introduce the concepts and principles of LCC, why we do it and how. In addition, it will also cover the techniques of identifying and quantifying initial and on-going costs associated with building and infrastructure assets over their expected lifespan. The course also briefly covers MOF’s guidelines in applying LCC for development projects.


At the end of this course, participants will be able to
• appreciate the purposes for the adoption of LCC for development projects
• define what is LCC
• specify the various components of LCC in the context of project development
• appreciate the concept of discounting
• understand MOF’s LCC framework for WOG

Purpose of LCC
• Key Principles of Lifecycle Approach
• Rationale and purpose of LCC
Dissecting LCC
• Define LCC
• Cost components of LCC
• Capital cost and operational cost in buildings/ facilities/ infrastructures
• LCC demands and requirements
• Concept of discounting
• Case study – Sample LCC of a building
Applying LCC
• Brief overview of MOF LCC guidelines
• Various strategies for considering LCC in development projects

Public officers who are practitioners (staff working on devt projects) and non-practitioners (E.g. finance, procurement).

Josh Ng holds master’s degrees in Real Estate as well as Training and Development. His experience with Life Cycle Costing spans from his various roles. He was a contracts manager for HDB construction projects and asset enhancements, an Assistant Vice President in HSBC Bank (Singapore), managing a large portfolio of properties and a Centre Manager for a Grade A office building. Josh was also responsible for a $1billion divestment of a major office building. He has more than 10 years of lecturing experience for MSc and BSc courses in Facilities Management, Real Estate and Construction with major higher learning institutions.

Date: 15 Nov 2019
Time: 9am to 1pm
Venue: BCA Academy
Fee (Incl GST): S$220
(Refreshment will be provided).

In keeping with our green and sustainable practices, course notes will be available in e-format.

BOA-SIA: Pending
PEB: Pending

Certificate of Attendance (COA) will be awarded to participants who meet the attendance requirement.

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1) The company and individual applicant has read and understood the terms and conditions. 2) The company and individual applicant warrant that the particulars given are accurate. 3) The Building and Construction Authority (BCA) can disclose to other government agencies any information relating to this application. 4) Payment for the course must be made to BCA before the course commencement date. 5) Any Direct Debit and Direct Credit Authorisation for GIRO applications previously signed and passed to BCA will apply to payments made under this course. 6) BCA reserves the right to accept or reject the application for whatever reason. 7) BCA shall at its discretion allocate a space to the registered applicant, based on availability. 8) BCA reserves the right to amend any details relating to the course, revise the course fees without prior notice, cancel or postpone the course. 9) No deferment is allowed. 10) Request for withdrawal must be made in writing. Requests are subject to approval by BCA and administration fee: Written request for withdrawal that reaches BCA - At least 2 weeks before the course commencement date: 10% of course fee is payable. - Less than 2 weeks but more than 3 working days before the course commencement date: 25% of course fee is payable. - 3 working days or less before the course commencement date: full course fee is payable. 11) No Replacement is allowed for funded participants. 12) The Continuing Professional Development (CPD) points indicated for any course offered by BCA is subject to change and final approval by the relevant professional accreditation bodies. 13) Funding and subsidies offered by BCA or third party organisations for the courses are subject to approval. The company must make the application for funding and subsidies. BCA is not to be held liable and the company agrees to pay BCA the applicable funding amount if funding and subsidies are either granted at a reduced amount, not granted at all or if funding is revoked, for whatever reason. 14) All information, materials, services, intellectual property and other property and rights provided by BCA during the course are provided on an “as is” basis. BCA makes no warranties of any kind, either express or implied, as to any matter, and all such warranties, including warranties of merchantability and fitness for a particular purpose, are expressly disclaimed. 15) The materials supplied to the company and individual applicant for the course (“Materials”) are for their personal reference only and the company and individual applicant is not supposed to otherwise use the Materials. The company and individual applicant shall defend and indemnify BCA and its officers, employees and agents from and against any and all liability, damage, loss or expense (including reasonable attorneys’ fees and expenses) imposed upon BCA in connection with any claim arising out of the company and individual applicant’s use of the Materials. 15) Re-assessment fee is applicable for those who are required to re-take the assessment. 16) I consent to BCA, BCA Academy, and BCA’s employees contacting me via my contacts (including email addresses and mobile numbers) to market future courses, seminars, conduct surveys, circulate publications (i.e. magazines, periodicals etc). If you wish to withdraw your consent to any use or disclosure of your personal data as set out above, you may contact us. PLEASE NOTE: All correspondence and notices addressed to BCA are to be sent to BCA Academy. Photographs of attendees will be taken at the event for our publicity materials, newsletters and other publications



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