• IEC 60300-3-3:2017

    Current The latest, up-to-date edition.

    Dependability management - Part 3-3: Application guide - Life cycle costing

    Available format(s):  Hardcopy, PDF, PDF 3 Users, PDF 5 Users, PDF 9 Users

    Language(s):  English - French

    Published date:  27-01-2017

    Publisher:  International Electrotechnical Committee

    Add To Cart

    Table of Contents - (Show below) - (Hide below)

    FOREWORD
    INTRODUCTION
    1 Scope
    2 Normative references
    3 Terms, definitions and abbreviated terms
    4 Concepts of life cycle costing
    5 Life cycle costing process
    6 Finalize the analysis
    Annex A (informative) - Life cycle costing and the
            life cycle
    Annex B (informative) - Financial concepts
    Annex C (informative) - Application of financial
            evaluation techniques
    Annex D (informative) - Cost breakdown structures
            by life cycle stage
    Annex E (informative) - Evaluating intangibles
    Annex F (informative) - Methods for estimating
            cost elements
    Annex G (informative) - Example of LCC comparison
    Bibliography

    Abstract - (Show below) - (Hide below)

    IEC 60300-3-3:2017 establishes a general introduction to the concept of life cycle costing and covers all applications. Although costs incurred over the life cycle consist of many contributing elements, this document particularly highlights the costs associated with the dependability of an item. This forms part of an overall dependability management programme as described in IEC 60300-1. Guidance is provided on life cycle costing for use by managers, engineers, finance staff, and contractors; it is also intended to assist those who may be required to specify and commission such activities when undertaken by others. This third edition cancels and replaces the second edition published in 2004. This edition constitutes a technical revision. This edition includes the following significant technical changes with respect to the previous edition:
    - addition of a complete analysis process;
    - greater reference to international accounting practices;
    - increased discussion of financial concepts.

    General Product Information - (Show below) - (Hide below)

    Development Note Stability Date: 2019. (02/2017)
    Document Type Standard
    Publisher International Electrotechnical Committee
    Status Current
    Supersedes

    Standards Referenced By This Book - (Show below) - (Hide below)

    04/30116340 DC : DRAFT JUL 2004 EN TR 50126-3 - RAILWAY APPLICATIONS - THE SPECIFICATION AND DEMONSTRATION OF RELIABILITY, AVAILABILITY, MAINTAINABILITY AND SAFETY (RAMS) - PART 3: GUIDE TO THE APPLICATION OF EN 50126-1 FOR ROLLING STOCK RAMS
    15/30324519 DC : 0 BS EN ISO 14224 - PETROLEUM, PETROCHEMICAL AND NATURAL GAS INDUSTRIES - COLLECTION AND EXCHANGE OF RELIABILITY AND MAINTENANCE DATA FOR EQUIPMENT
    UNE-EN 61907:2013 Communication network dependability engineering
    CEI EN 60300-3-12 : 2012 DEPENDABILITY MANAGEMENT - PART 3-12: APPLICATION GUIDE - INTEGRATED LOGISTIC SUPPORT
    S.R. CLC/TR 50126-3:2008 RAILWAY APPLICATIONS - THE SPECIFICATION AND DEMONSTRATION OF RELIABILITY, AVAILABILITY, MAINTAINABILITY AND SAFETY (RAMS) - PART 3: GUIDE TO THE APPLICATION OF EN 50126-1 FOR ROLLING STOCK RAM
    BS EN 60300-3-16:2008 Dependability management Application guide. Guidelines for specification of maintenance support services
    BS EN 61907:2010 Communication network dependability engineering
    CEI EN 61907 : 2011 COMMUNICATION NETWORK DEPENDABILITY ENGINEERING
    CSA ISO 10014 : 2006 : R2016 QUALITY MANAGEMENT - GUIDELINES FOR REALIZING FINANCIAL AND ECONOMIC BENEFITS
    15/30299852 DC : 0 BS EN 62550 - SPARE PARTS PROVISIONING
    IEC 62550:2017 Spare parts provisioning
    CEI EN 60300-3-2 : 2006 DEPENDABILITY MANAGEMENT - PART 3-2: APPLICATION GUIDE - COLLECTION OF DEPENDABILITY DATA FROM THE FIELD
    CSA ISO 10014:2006 QUALITY MANAGEMENT - GUIDELINES FOR REALIZING FINANCIAL AND ECONOMIC BENEFITS
    CEI EN 62308 : 2010 EQUIPMENT RELIABILITY - RELIABILITY ASSESSMENT METHODS
    BS EN 62402:2007 Obsolescence management. Application guide
    ISO/TR 10014:1998 Guidelines for managing the economics of quality
    S.R. CLC/TS 60034-31:2011 ROTATING ELECTRICAL MACHINES - PART 31: SELECTION OF ENERGY-EFFICIENT MOTORS INCLUDING VARIABLE SPEED APPLICATIONS - APPLICATION GUIDE
    BS EN ISO 15663-1:2006 Petroleum and natural gas industries. Life cycle costing Methodology
    ISO 10014:2006 Quality management Guidelines for realizing financial and economic benefits
    EN 60300-3-12:2011 Dependability management - Part 3-12: Application guide - Integrated logistic support
    EN ISO 15663-1:2006 Petroleum and natural gas industries - Life cycle costing - Part 1: Methodology (ISO 15663-1:2000)
    EN 62402 : 2007 OBSOLESCENCE MANAGEMENT - APPLICATION GUIDE
    EN 60300-3-2 : 2005 Dependability management - Part 3-2: Application guide - Collection of dependability data from the field
    EN 60300-3-4:2008 Dependability management - Part 3-4: Application guide - Guide to the specification of dependability requirements
    EN 61907:2010 Communication network dependability engineering
    EN 62308 : 2006 EQUIPMENT RELIABILITY - RELIABILITY ASSESSMENT METHODS
    BS 7000-2:1997 Design management systems Guide to managing the design of manufactured products
    I.S. EN 62550:2017 SPARE PARTS PROVISIONING
    CEI 56-53 : 2006 DEPENDABILITY MANAGEMENT - PART 3-10: APPLICATION GUIDE - MAINTAINABILITY
    BS EN 16646:2014 Maintenance. Maintenance within physical asset management
    06/30123954 DC : DRAFT MAR 2006
    ISO 20815:2008 Petroleum, petrochemical and natural gas industries Production assurance and reliability management
    CEI EN 62628 : 2013 GUIDANCE ON SOFTWARE ASPECTS OF DEPENDABILITY
    BS IEC 60300-3.10 : 2001 DEPENDABILITY MANAGEMENT - PART 3-10: APPLICATION GUIDE - MAINTAINABILITY
    BS EN 60706-2:2006 Maintainability of equipment Maintainability requirements and studies during the design and development phase
    PD IEC/TR 62721:2012 Reliability of devices used in fibre optic systems. General and guidance
    BS IEC 62198:2001 Project risk management. Application guidelines
    I.S. EN 16646:2014 MAINTENANCE - MAINTENANCE WITHIN PHYSICAL ASSET MANAGEMENT
    UNE-EN 62628:2015 Guidance on software aspects of dependability
    PD CLC/TR 50126-3:2008 Railway applications. The specification and demonstration of reliability, availability, maintainability and safety (RAMS) Guide to the application of EN 50126-1 for rolling stock RAM
    BS EN 60300-3-12:2011 Dependability management Application guide. Integrated logistic support
    IEC TR 62096:2009 Nuclear power plants - Instrumentation and control important to safety - Guidance for the decision on modernization
    DD IEC TS 60034-31 : DRAFT JULY 2010 ROTATING ELECTRICAL MACHINES - PART 31: SELECTION OF ENERGY-EFFICIENT MOTORS INCLUDING VARIABLE SPEED APPLICATIONS - APPLICATION GUIDE
    03/118789 DC : DRAFT DEC 2003 IEC 60706-2 - MAINTAINABILITY OF EQUIPMENT - PART 2: MAINTAINABILITY REQUIREMENTS AND STUDIES DURING THE DESIGN AND DEVELOPMENT PHASE
    CEI EN 60706-2 : 2006 MAINTAINABILITY OF EQUIPMENT - PART 2: MAINTAINABILITY REQUIREMENTS AND STUDIES DURING THE DESIGN AND DEVELOPMENT PHASE
    BS EN 62308:2006 Equipment reliability. Reliability assessment methods
    CSA ISO 10006 : 2003 QUALITY MANAGEMENT SYSTEMS - GUIDELINES FOR QUALITY MANAGEMENT IN PROJECTS
    CEI EN 62402 : 2008 OBSOLESCENCE MANAGEMENT - APPLICATION GUIDE
    CLC/TR 50126-3:2008 RAILWAY APPLICATIONS - THE SPECIFICATION AND DEMONSTRATION OF RELIABILITY, AVAILABILITY, MAINTAINABILITY AND SAFETY (RAMS) - PART 3: GUIDE TO THE APPLICATION OF EN 50126-1 FOR ROLLING STOCK RAM
    CEI EN 60300-3-16 : 2010 DEPENDABILITY MANAGEMENT - PART 3-16: APPLICATION GUIDE - GUIDELINES FOR SPECIFICATION OF MAINTENANCE SUPPORT SERVICES
    S.R. CWA 50611:2013 FLOW BATTERIES - GUIDANCE ON THE SPECIFICATION, INSTALLATION AND OPERATION
    I.S. EN 60300-3-2:2005 DEPENDABILITY MANAGEMENT - PART 3-2: APPLICATION GUIDE - COLLECTION OF DEPENDABILITY DATA FROM THE FIELD
    CLC/TS 60034-31:2011 Rotating electrical machines - Part 31: Selection of energy-efficient motors including variable speed applications - Application guide
    EN 61709:2017 Electric components - Reliability - Reference conditions for failure rates and stress models for conversion
    IEC TR 62721:2012 Reliability of devices used in fibre optic systems - General and guidance
    I.S. EN ISO 14224:2016 PETROLEUM, PETROCHEMICAL AND NATURAL GAS INDUSTRIES - COLLECTION AND EXCHANGE OF RELIABILITY AND MAINTENANCE DATA FOR EQUIPMENT (ISO 14224:2016)
    VDI 4003:2007-03 Reliability management
    06/30109242 DC : DRAFT SEP 2006 ISO 20815 - PETROLEUM, PETROCHEMICAL AND NATURAL GAS INDUSTRIES - PRODUCTION ASSURANCE AND RELIABILITY MANAGEMENT
    CEI EN 60706-5 : 2008 MAINTAINABILITY OF EQUIPMENT - PART 5: TESTABILITY AND DIAGNOSTIC TESTING
    NF EN 60300-3-16 : 2008 DEPENDABILITY MANAGEMENT - PART 3-16: APPLICATION GUIDE - GUIDELINE FOR THE SPECIFICATION OF MAINTENANCE SUPPORT SERVICES
    STANREC 4755 : 2015 REFERENCE DOCUMENTS ON LIFE CYCLE COSTS
    I.S. EN 61709:2017 ELECTRIC COMPONENTS - RELIABILITY - REFERENCE CONDITIONS FOR FAILURE RATES AND STRESS MODELS FOR CONVERSION
    DIN ISO 17359:2011-09 CONDITION MONITORING AND DIAGNOSTICS OF MACHINES - GENERAL GUIDELINES
    13/30284861 DC : 0 BS EN 16646 - MAINTENANCE - MAINTENANCE WITHIN PHYSICAL ASSET MANAGEMENT
    BS EN 60300-2:2004 Dependability management Guidelines for dependability management
    08/30169896 DC : 0 BS EN 61907 - GUIDANCE ON COMMUNICATION NETWORK DEPENDABILITY ENGINEERING
    17/30341578 DC : DRAFT MAY 2017 BS ISO 17359 - CONDITION MONITORING AND DIAGNOSTICS OF MACHINES - GENERAL GUIDELINES
    02/400715 DC : DRAFT SEP 2002 BS IEC 60300-2 - DEPENDABILITY MANAGEMENT - PART 2: GUIDELINES FOR DEPENDABILITY MANAGEMENT
    PD ISO/TR 10014:1998 Guidelines for managing the economics of quality
    CSA ISO 10014 : 2006 : INC : COR 1 : 2016 : R201100 QUALITY MANAGEMENT - GUIDELINES FOR REALIZING FINANCIAL AND ECONOMIC BENEFITS
    IEC 61709:2017 RLV Electric components - Reliability - Reference conditions for failure rates and stress models for conversion
    I.S. EN 60706-2:2006 MAINTAINABILITY OF EQUIPMENT - PART 2: MAINTAINABILITY REQUIREMENTS AND STUDIES DURING THE DESIGN AND DEVELOPMENT PHASE
    I.S. EN ISO 20815:2010 PETROLEUM, PETROCHEMICAL AND NATURAL GAS INDUSTRIES - PRODUCTION ASSURANCE AND RELIABILITY MANAGEMENT
    EN 62550:2017 Spare parts provisioning
    CEI CLC/TR 50126-3 : 2009 RAILWAY APPLICATIONS - THE SPECIFICATION AND DEMONSTRATION OF RELIABILITY, AVAILABILITY, MAINTAINABILITY AND SAFETY (RAMS) - PART 3: GUIDE TO THE APPLICATION OF EN 50126-1 FOR ROLLING STOCK RAM
    CSA ISO TR 10014 : 0 GUIDELINES FOR MANAGING THE ECONOMICS OF QUALITY
    IEC TS 60034-31:2010 Rotating electrical machines - Part 31: Selection of energy-efficient motors including variable speed applications - Application guide
    IEC 61709 : 3.0 ELECTRIC COMPONENTS - RELIABILITY - REFERENCE CONDITIONS FOR FAILURE RATES AND STRESS MODELS FOR CONVERSION
    I.S. EN 60300-3-12:2011 DEPENDABILITY MANAGEMENT - PART 3-12: APPLICATION GUIDE - INTEGRATED LOGISTIC SUPPORT
    ISO 14224:2016 Petroleum, petrochemical and natural gas industries Collection and exchange of reliability and maintenance data for equipment
    UNE-EN 60300-3-12:2014 Dependability management - Part 3-12: Application guide - Integrated logistic support
    08/30183108 DC : DRAFT MAY 2008 BS IEC/TS 60034-31 - ROTATING ELECTRICAL MACHINES - PART 31: GUIDE FOR THE SELECTION AND APPLICATION OF ENERGY-EFFICIENT MOTORS INCLUDING VARIABLE-SPEED APPLICATIONS
    04/30066208 DC : DRAFT DEC 2004 ISO 14224 - PETROLEUM AND NATURAL GAS INDUSTRIES - COLLECTION AND EXCHANGE OF RELIABILITY AND MAINTENANCE DATA FOR EQUIPMENT
    BS EN 60706-5:2007 Maintainability of equipment Testability and diagnostic testing
    11/30251566 DC : 0 BS EN 62628 - GUIDANCE ON SOFTWARE ASPECTS OF DEPENDABILITY
    07/30156546 DC : 0 BS EN 60300-3-16 - DEPENDABILITY MANAGEMENT - PART 3-16: APPLICATION GUIDE - GUIDELINE FOR THE SPECIFICATION OF MAINTENANCE SUPPORT SERVICES
    DD CLC/TS 60034-31:2011 Rotating electrical machines Selection of energy-efficient motors including variable speed applications. Application guide
    I.S. EN 62402:2007 OBSOLESCENCE MANAGEMENT - APPLICATION GUIDE
    BS ISO 14224:1999 Petroleum and natural gas industries. Collection and exchange of reliability and maintenance data for equipment
    CEI EN 60300-3-4 : 2010 DEPENDABILITY MANAGEMENT - PART 3-4: APPLICATION GUIDE - GUIDE TO THE SPECIFICATION OF DEPENDABILITY REQUIREMENTS
    BS EN 60300-3-14:2004 Dependability management Application guide - Maintenance and maintenance support
    BS EN 60300-3-2:2005 Dependability management Application guide. Collection of dependability data from the field
    BS EN 62628:2012 Guidance on software aspects of dependability
    CSA ISO 10006 : 2003 : R2013 QUALITY MANAGEMENT SYSTEMS - GUIDELINES FOR QUALITY MANAGEMENT IN PROJECTS
    02/400378 DC : DRAFT APR 2002 ISO/DIS 10006 - QUALITY MANAGEMENT SYSTEMS - GUIDELINES FOR QUALITY MANAGEMENT IN PROJECTS
    NF EN 60300 3-4 : 2008 DEPENDABILITY MANAGEMENT - PART 3-4: APPLICATION GUIDE - GUIDE TO THE SPECIFICATION OF DEPENDABILITY REQUIREMENTS
    UNI EN ISO 20815 : 2010 PETROLEUM, PETROCHEMICAL AND NATURAL GAS INDUSTRIES - PRODUCTION ASSURANCE AND RELIABILITY MANAGEMENT
    ISO 17359:2018 Condition monitoring and diagnostics of machines — General guidelines
    I.S. EN 60300-2:2004 DEPENDABILITY MANAGEMENT - PART 2: GUIDELINES FOR DEPENDABILITY MANAGEMENT
    I.S. CLC TR 50126-3:2006 RAILWAY APPLICATIONS - THE SPECIFICATION AND DEMONSTRATION OF RELIABILITY, AVAILABILITY, MAINTAINABILITY AND SAFETY (RAMS) - PART 3: GUIDE TO THE APPLICATION OF EN 50126-1 FOR ROLLING STOCK RAMS
    EN ISO 20815:2010 Petroleum, petrochemical and natural gas industries - Production assurance and reliability management (ISO 20815:2008, Corrected version 2009-06-15)
    I.S. ISO 10006:2005 QUALITY MANAGEMENT - GUIDELINES TO QUALITY MANAGEMENT IN PROJECTS
    I.S. EN 62308:2006 EQUIPMENT RELIABILITY - RELIABILITY ASSESSMENT METHODS
    IEC 60300-3-10:2001 Dependability management - Part 3-10: Application guide - Maintainability
    IEC TR 62278-3:2010 Railway applications - Specification and demonstration of reliability, availability, maintainability and safety (RAMS) - Part 3: Guide to the application of IEC 62278 for rolling stock RAM
    IEC 60300-3-16:2008 Dependability management - Part 3-16: Application guide - Guidelines for specification of maintenance support services
    IEC 61907:2009 Communication network dependability engineering
    IEC 60300-3-2:2004 Dependability management - Part 3-2: Application guide - Collection of dependability data from the field
    IEC 62402:2007 Obsolescence management - Application guide
    IEC 60706-2:2006 Maintainability of equipment - Part 2: Maintainability requirements and studies during the design and development phase
    IEC 62628:2012 Guidance on software aspects of dependability
    ISO 15663-1:2000 Petroleum and natural gas industries Life cycle costing Part 1: Methodology
    IEC 60300-3-14:2004 Dependability management - Part 3-14: Application guide - Maintenance and maintenance support
    IEC 60300-2:2004 Dependability management - Part 2: Guidelines for dependability management
    IEC 60706-5:2007 Maintainability of equipment - Part 5: Testability and diagnostic testing
    EN 16646:2014 Maintenance - Maintenance within physical asset management
    BS EN 61709:2017 Electric components. Reliability. Reference conditions for failure rates and stress models for conversion
    CEI EN 60300-3-14 : 2005 DEPENDABILITY MANAGEMENT - PART 3-14: APPLICATION GUIDE - MAINTENANCE AND MAINTENANCE SUPPORT
    UNE-EN 60300-3-16:2012 Dependability management -- Part 3-16: Application guide - Guidelines for specification of maintenance support services
    UNE-EN 60300-3-4:2011 Dependability management -- Part 3-4: Application guide - Guide to the specification of dependability requirements
    BS EN 62550:2017 Spare parts provisioning
    BS ISO 10014:2006 Quality management. Guidelines for realizing financial and economic benefits
    DIN EN 16646:2015-03 MAINTENANCE - MAINTENANCE WITHIN PHYSICAL ASSET MANAGEMENT
    BS ISO 15663-1 : 2000 AMD 16902 PETROLEUM AND NATURAL GAS INDUSTRIES - LIFE CYCLE COSTING - PART 1: METHODOLOGY
    03/108624 DC : DRAFT JULY 2003 IEC 60300-3-2 - DEPENDABILITY MANAGEMENT - PART 3-2: APPLICATION GUIDE - COLLECTION OF DEPENDABILITY DATA FROM THE FIELD
    BS EN 60300-3-4:2008 Dependability management Application guide. Guide to the specification of dependability requirements
    PD IEC/TR 62096:2009 Nuclear power plants. Instrumentation and control important to safety. Guidance for the decision on modernization
    DIN EN 16646 E : 2015 MAINTENANCE - MAINTENANCE WITHIN PHYSICAL ASSET MANAGEMENT
    API 689 : 2007 COLLECTION AND EXCHANGE OF RELIABILITY AND MAINTENANCE DATA FOR EQUIPMENT
    UNE-EN 16646:2015 Maintenance - Maintenance within physical asset management
    I.S. EN 60300-3-4:2008 DEPENDABILITY MANAGEMENT - PART 3-4: APPLICATION GUIDE - GUIDE TO THE SPECIFICATION OF DEPENDABILITY REQUIREMENTS
    I.S. EN 62628:2012 GUIDANCE ON SOFTWARE ASPECTS OF DEPENDABILITY (IEC 62628:2012 (EQV))
    S.R. CWA 16768:2014 FRAMEWORK FOR SUSTAINABLE VALUE CREATION IN MANUFACTURING NETWORK
    BS EN ISO 20815:2010 Petroleum, petrochemical and natural gas industries. Production assurance and reliability management
    I.S. EN 60300-3-16:2008 DEPENDABILITY MANAGEMENT - PART 3-16: APPLICATION GUIDE - GUIDELINES FOR SPECIFICATION OF MAINTENANCE SUPPORT SERVICES
    I.S. EN 61907:2010 COMMUNICATION NETWORK DEPENDABILITY ENGINEERING
    I.S. EN 60300-3-14:2004 DEPENDABILITY MANAGEMENT - PART 3-14: APPLICATION GUIDE - MAINTENANCE AND MAINTENANCE SUPPORT
    IEC 62308:2006 Equipment reliability - Reliability assessment methods
    BS EN ISO 14224:2016 Petroleum, petrochemical and natural gas industries. Collection and exchange of reliability and maintenance data for equipment
    IEC 60300-3-12:2011 Dependability management - Part 3-12: Application guide - Integrated logistic support
    IEC 60300-3-4:2007 Dependability management - Part 3-4: Application guide - Guide to the specification of dependability requirements
    EN 60300-3-14:2004 Dependability management - Part 3-14: Application guide - Maintenance and maintenance support
    EN 62628:2012 Guidance on software aspects of dependability
    EN 60300-3-16:2008 Dependability management - Part 3-16: Application guide - Guidelines for specification of maintenance support services
    EN 60706-5:2007 Maintainability of equipment - Part 5: Testability and diagnostic testing
    EN 60300-2:2004 Dependability management - Part 2: Guidelines for dependability management
    I.S. EN ISO 15663-1:2006 PETROLEUM AND NATURAL GAS INDUSTRIES - LIFE CYCLE COSTING - PART 1: METHODOLOGY
    IEC 61709:2017 Electric components - Reliability - Reference conditions for failure rates and stress models for conversion
    EN 60706-2:2006 Maintainability of equipment - Part 2: Maintainability requirements and studies during the design and development phase

    Standards Referencing This Book - (Show below) - (Hide below)

    ISO/IEC/IEEE 15288:2015 Systems and software engineering — System life cycle processes
    IEC 62198:2013 Managing risk in projects - Application guidelines
    IEC 61014:2003 Programmes for reliability growth
    IEC/ISO 31010:2009 Risk management - Risk assessment techniques
    IEC 62402:2007 Obsolescence management - Application guide
    IEC 60300-1:2014 Dependability management - Part 1: Guidance for management and application
    IEC 62508:2010 Guidance on human aspects of dependability
    SA TS ISO 55010:2020 Asset management - Guidance on the alignment of financial and non-financial functions in asset management
    • Access your standards online with a subscription

      Features

      • Simple online access to standards, technical information and regulations
      • Critical updates of standards and customisable alerts and notifications
      • Multi - user online standards collection: secure, flexibile and cost effective