Life Cycle Cost Analysis (LCCA): An evaluation of the long-term cost of a project or asset, taking into account all factors such as costs for acquisition, installation, operation, maintenance, repairs and replacements. It provides an accurate picture of the financial implications of a facilities management project over its entire lifespan, helping decision makers to make informed decisions. With LCCA, you can confidently weigh the initial investment costs against potential future savings, giving you peace of mind when making any facilities management decisions.