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In recent board meeting, one of the directors of Construct Ltd has suggested the following: 'Lifecycle costing should be used to determine the total cost

In recent board meeting, one of the directors of Construct Ltd has suggested the following: 'Lifecycle costing should be used to determine the total cost and total profitability of project Alpha'. (b) In line with the view expressed by the director, discuss the use of lifecycle costing for project Alpha. Your discussion should include examples of costs that would be taken into account as well as the benefits and the challenges that Construct Ltd would face by using lifecycle costing

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