Fundamentals of Life Cycle Costing for Energy Conservation

On Demand Training

5.5 hours

FEMP e-training

Learn how to utilize life cycle cost analysis (LCCA) to improve Federal economic-based decision making, determine the total cost of ownership of project alternatives, and make informed decisions on energy and water efficiency investments. In addition, participants will apply key requirements and supplemental economic measures to federal investment decisions such as those for individual and interdependent building system acquisitions for new construction and major renovations. A video tutorial will demonstrate how the latest version of the Building Life Cycle Costing (BLCC) software can turn readily available inputs into sound investment decisions.

Learning Objectives

Upon completing this course, you will be able to:

  • Improve capital investment decisions by applying principles of life cycle cost analysis and economic optimization
  • Apply federal criteria for an economic evaluation to energy and water related investment alternatives
  • Use the BLCC software to support economic analyses
  • Understand how supplementary economic measures are calculated and applied.

This e-learning course is hosted on the Whole Building Design Guide (WBDG) learning management system. To take the course, click the Start button below. Then log into the WBDG system to launch the course and take the multiple choice assessment. Students will earn .60 IACET CEUs upon successful completion of the course and assessment.

In partnership with Whole Buildings Design Guide, a program of the National Institute of Building Sciences. IACET logo

Instructor(s):

  • Joshua Kneifel, Economist, National Institute of Standards and Technology. Read bio.
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