All 2 entries tagged Life

LCC informally

It seems when we discuss topics on life cycle learning, it's always very formalised and structured. But why not consider it in everything we do anyways? If one of the fundamentals of for LCC is based on teh process of intake, maintanence, and output (roughly speaking), then that is true to everything, from what we eat to how we input words into our essay, edit it (maintainability), and output (performance).

I always find it intriguing to have thoughts like this because the people who wrote these ideas might not have the background or experience that we do, so it doesn't mean they know it all,while we can apply this type of frameowrk or methodology to anything we find applicable, and I think we should, just like PDSA or DMAIC can be applied to almost everything.

LCC is simply about taking in mind something from the moment it's made or with you until it's gone and everything else in between. Take your knowledge for instance, learning something new, as Nonaka said, will become tacit knowledge then it can be an explicit knowledge and stored, but of course, you need to nurture it or else it will slowly fade away, and when it does, the cost of it is having to do the same process over again, so to have the best efficieny for LCC is to take in what matters, nurture it and improve it, and ensure that it stay with you for good.

Shujaat Alikhan : 07 Jul 2014 17:24 |  Tags: Costing Cycle Kbam Lcc Life Mbe |  Comments (0) |  Close comments |  Report a problem

Life–Cycle – tangibility

Lice Cycle management as already talked about by many can be seen from a lot of perspectives.

But after spending time reading them, I realized that life cycle management is very similar to every other form of management that is done correctly - paying attention to the whole system or cycle.

Very commonly, we tend to pay attention to a particualr subject or matter when working - while not caring too much about its context, or how it started and what are the possible outcomes of it, because we simply want to work on whatever is then and there.

This is very similar to how we're supposed to do our disseration, the literature review is for us to understand the context of the subject we are covering, and know enough about how things work in that area to come to a substantiated conclusion.

When working, many often just face a problem, fix it and move on, but if they understood how work is normally conducted, from beginning to end, they will know how and why the issue became a problem because everything is tracable. This is the same concept as life cyle costing especially, where everything is recommended to be documented for tracability as well.

From this observation, I suggest everyone to try applying this same 'life-cycle' method of start to end - and even cyclical approach to everything.

Shujaat Alikhan : 05 Jul 2014 06:48 |  Tags: Asset Cost Cycle Kbam Life Management Mbe |  Comments (0) |  Close comments |  Report a problem