Life cycle costing is the systematic estimation and comparison of all costs attributable to an asset, system or service over a defined period of responsibility, on a common time basis, to make a decision between alternatives. A purchase price is one number observed once. A cost of ownership is a stream observed for as long as the asset runs.

DEISO teaches both, as separate programmes. This page covers the cost side.

No. The Professional plan starts from zero knowledge of life cycle costing and assumes no prior costing background. What helps is familiarity with your own assets and how your organisation records spend.

Expert and Expert+ assume the Professional content. If you already build cost models and want the analysis layer, you can start at Expert.

The methodology is grounded in the principal life cycle costing standards and method documents, and the training explains where they agree and where they diverge.

• IEC 60300-3-3 — dependability management, application guide for life cycle costing
• ISO 15686-5 — buildings and constructed assets, service life planning, life cycle costing
• ISO 15663 — petroleum, petrochemical and natural gas industries, life cycle costing
• ASTM E917 — measuring life cycle costs of buildings and building systems
• NIST Handbook 135 — life cycle costing manual, real against nominal analysis

DEISO is not a certification or verification body. The training teaches methodological alignment with these standards; it does not certify compliance with them.

Every plan includes, for each module:

• An Excel practice template — used live during the session and yours to keep
• A PDF module pack — the written material, worked examples, equations and diagrams behind that session
• DEISO Grid access — the online training platform where materials are held

That means six templates and six packs on Professional, seven on Expert, and nine on Expert+.

The final module builds one complete study end to end in your own sector, chosen at booking. Rather than a generic worked example, the case reflects the assets, cost categories and terminology you actually work with.

Sector profiles available include oil and gas, chemical and petrochemical, manufacturing, buildings and facilities, infrastructure and water, energy and power generation, transport and fleet, mining and minerals, enterprise, software and cloud, and professional services.

On Expert and Expert+, the case study is accompanied by a DEISO LCC Pro demonstration showing how LCC, TCO, discounting, evidence grading and supplier comparison are implemented in software rather than spreadsheets.

All three plans run remotely in English, one-to-one or one-to-group, with sessions arranged around the availability of the trainee and the instructor. Every module is a three-hour session, so the schedule is predictable regardless of plan.

Prices are per trainee. For team enrolments, tell us the group size in your enquiry and we will scope it directly.

• Professional — engineers, estimators and cost analysts who need to build and evidence a cost model
• Expert — analysts, reliability engineers and asset managers producing discounted studies that must survive review
• Expert+ — procurement leads, technical decision makers and consultants evaluating bids and deciding under uncertainty

If you are unsure, describe the decision you need to make in your enquiry and we will point you to the right plan.