The primary aim of the project was to identify and explain the benefits of considering life cycle cost when selecting coatings for industrial plant. Issues affecting life cycle costing of coatings have been explained. Life cycle cost analysis allows significant costs to be identified and managed.
Current practice of Thiess has been investigated and it is recommended that Thiess consider predicting the LCC of coating options for both new projects and maintenance. The benefits and costs of introducing a systematic approach to LCC analysis for maintenance and acquisition decisions need to be quantified.