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Can you please clarify if Life cycle costing is the process of 'Calculating the project sustainably during all phases and at the end of the

Can you please clarify if Life cycle costing is the process of 'Calculating the project sustainably during all phases and at the end of the project'

Or is it also

Ensuring that a project has the budget it requires at all stages of its life cycle

AND or

Calculating the total cost of creating the project and using the project during its useful life?

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