Have a personal or library account? Click to login
Life cycle cost analysis in investment projects – examination of case studies and risk mitigation with Monte Carlo simulation Cover

Life cycle cost analysis in investment projects – examination of case studies and risk mitigation with Monte Carlo simulation

Scientific Review Engineering and Environmental Sciences
Volume 34 (2025): Issue 1 (March 2025)
By: Stefan WiekeORCID  
Open Access
|Oct 2024

Figures & Tables

FIGURE 1.

Study 2: trend line and forecast of natural gas costs (orange: author’s knowledge of historical data, blue: knowledge of historical data from the current perspective; dotted line: author’s knowledge of trend line for forecast) Source: own work.
Study 2: trend line and forecast of natural gas costs (orange: author’s knowledge of historical data, blue: knowledge of historical data from the current perspective; dotted line: author’s knowledge of trend line for forecast) Source: own work.

FIGURE 2.

Study 2: discounted cumulated expenditure versus discount rate, calculation with authors’ input data Source: own work.
Study 2: discounted cumulated expenditure versus discount rate, calculation with authors’ input data Source: own work.

FIGURE 3.

Study 2: discounted cumulated expenditure versus discount rate, calculation with real (historical) input data Source: own work.
Study 2: discounted cumulated expenditure versus discount rate, calculation with real (historical) input data Source: own work.

FIGURE 4.

Study 2: Results of Monte Carlo simulation calculation with real historical data Source: own work.
Study 2: Results of Monte Carlo simulation calculation with real historical data Source: own work.

FIGURE 5.

Study 2: cumulative probability for discount rate of 8% Source: own work.
Study 2: cumulative probability for discount rate of 8% Source: own work.

FIGURE 6.

Study 2: box plot for discount rate of 8% Source: own work.
Study 2: box plot for discount rate of 8% Source: own work.
DOI: https://doi.org/10.22630/srees.9798 | Journal eISSN: 2543-7496 | Journal ISSN: 1732-9353
Journal RSS Feed
Language: English
Page range: 3 - 18
Submitted on: May 9, 2024
Accepted on: Sep 16, 2024
Published on: Oct 23, 2024
Published by: Warsaw University of Life Sciences - SGGW Press
In partnership with: Paradigm Publishing Services
Keywords:
decision-making,
life cycle cost analysis,
case studies,
risk mitigation,
Monte Carlo simulation,
energy cost
Related subjects:
Architecture and design,
Architecture,
Architects, buildings,
Geosciences,
Geosciences, other,
Engineering,
Mechanical engineering,
Fundamentals of mechanical engineering,
Geosciences,
Geology and mineralogy

© 2024 Stefan Wieke, published by Warsaw University of Life Sciences - SGGW Press
This work is licensed under the Creative Commons Attribution-NonCommercial 4.0 License.

Volume 34 (2025): Issue 1 (March 2025)Next article