1 Scope
This part of ISO 15663 provides guidelines for the implementation of life-cycle costing for the development and operation of the facilities for drilling, production
and pipeline transportation within the petroleum and natural gas industries. This
part of ISO 15663 is applicable when making decisions on any option which has cost implications for
more than one cost element or project phase. The process can be applied to a wide range of options, particularly
when decisions are being considered on the following:
— the process concept;
— equipment location;
— project execution strategies;
— health, safety and environment;
— system concept and sizing;
— equipment type;
— equipment configuration;
— layout;
— maintenance and logistic support strategies;
—