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World Class Procurement Definitions A forum for defining key terms / definitions as it applies to World Class Procurement and Supply Chain Management

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Old 10-13-2006, 08:50 AM
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Default Total Cost of Ownership (TCO)

Total Cost of Ownership (TCO) can be defined as the systematic quantification of all costs generated over the lifetime of a project.

The goal of TCO is to determine a figure that reflects the total cost of the investment, including one-time purchases and recurring costs, not just the initial startup cost. The one-time and recurring costs are determined by looking at each stage of a project, starting with planning, design, and installation, moving through to integration, training, and ongoing support and maintenance.

Last edited by Carine : 09-21-2009 at 09:18 AM.
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  #2  
Old 12-01-2006, 07:44 AM
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Default Re: Total Cost of Ownership (TCO)

Total cost of ownership (TCO) is the total cost which is incurred in the acquisition, usage and disposal of products and services.

Last edited by Carine : 09-21-2009 at 09:19 AM.
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Old 02-22-2007, 10:24 AM
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Default Re: Total Cost of Ownership (TCO)

What TCO techniques are there?

Last edited by Carine : 09-21-2009 at 09:22 AM.
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