Mobile Equipment Life Cycle Costing

2 modules


Course Length
7 hours

Edumine Courses

16 Sep 2023



Mobile Equipment Life Cycle Costing is a practical guide for managing the economic life of a mining truck fleet. It covers key financial, commercial and physical aspects of truck management and explains specific methods for acquiring and operating these vehicles to full advantage.

The course includes three sections—Introduction, Life Cycle Cost Analysis, and Optimization. It is structured to support a vigorous discounted cash flow analysis that embraces realistic estimates for the key operating and maintenance variables associated with running haul trucks, and discusses options for improving overall truck performance and productivity.

The objective is to provide an analytic framework that enables readers to impartially assess haul truck investments by using reliable financial modeling and sensitivity analysis. The life cycle model should be functional as a baseline for formal equipment planning and management and for measuring the performance of the haul truck fleet during its useful life.

People who will benefit from this course include purchasing, maintenance, engineering and production managers from mining companies that operate fleets of large haul trucks.


  • Michael Currie


Duration 7 Hours
Access 90 Days
Category Maintenance
Level Specialize
Version Date  December 11, 2009

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Course Content

This course is presented as 16 viewing sessions, averaging approximately 30 minutes viewing duration each, plus four interactive reviews that confirm the viewer's achievement of learning objectives. The total duration of the course is approximately seven hours.

Learning Outcomes

  • Identify the principles and application of life cycle costing.

  • Discuss the concepts of economic risk, operating risk and supplier risk and how to incorporate these into the costing model.

  • Discuss the application of life cycle costing to the budgeting, resource forecasting, and maintenance evaluation processes.

Recommended Background

  • Experience of mining operations in a management context.

  • A technical degree or diploma.


By completing/passing this course, you will attain the certificate Edumine Certification

Learning Credits

Mobile Equipment Life Cycle Costing
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Learner Survey
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Added 7 months ago, by Baskaran
Useful to my profession
Added over 1 year ago, by John Paul
Added about 3 years ago, by Gonzalo Enrique
Added almost 4 years ago, by Anonymous
Table appearance requires rework. Mostly it shows incorrectly, and it makes it impossible to analyze data carefully.
Added about 4 years ago, by Evgenii
Links in the course don't work Some of tables are unreadable
Added over 4 years ago, by Anonymous
Content is fine, however, graphics and reference to videos and spreadsheets do not function.

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