Capitalized cost of a project is also known as?

The capitalized cost of a project is indeed referred to as the life cycle cost. This term encompasses all costs associated with a project over its entire lifespan—from inception through operation and maintenance, and ultimately to decommissioning. Life cycle cost analysis takes into account not just the initial capital outlay but also future costs incurred throughout the project’s operation, such as repairs, maintenance, and eventual disposal.

This understanding is crucial in engineering economics, where decisions are made not just based on initial costs, but on the total economic impact over the duration of the asset's life. It allows for more informed decision-making and helps in comparing different projects or alternatives effectively.

Other options may refer to related concepts but do not encapsulate the full scope of the capitalized cost. For instance, "infinite cost" is not a standard term in the context of project economics. "Life cost" is similarly vague and less commonly used. "Project cost" generally refers to the total expenditure associated with a specific project, but it may not account for ongoing operational and maintenance costs over time, thus not fully aligning with the definition of capitalized or life cycle costs.