This training focuses on delivering a comprehensive understanding of whole of life-cycle cost (WLCC) of asset ownership through predictive life-cycle cost of ownership modelling. It also addresses the fact that cost is a component of the Whole of Life-Cycle “performance” of physical assets because, asset performance over the life-cycle involves other dimensions that need to be considered and taken into account. These will be catalogued and evaluated in determining how to effectively account for non-financial elements in the decision making process with specific regard to how today’s asset related decisions may impact future organisational risk profiles.