) You read about the PLC and how one of the outcomes of applying a whole life cycle perspective to construction projects is balancing capital expenditure (CAPEX) and operational expenditure (OPEX). What else can result from applying this perspective? For this Key Concept Exercise, you answer that question by analysing the implications of applying a whole life cycle perspective to the management of construction projects.

2) write an analysis of the implications of applying a whole life cycle perspective to the management of construction projects (700 words).

3) Write a brief (around 100 words) analysis of one challenge you see in applying a whole life cycle perspective to the management of construction projects. Include in your analysis how the challenge might be overcome.

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