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LIFE-CYCLE COSTING USING ACTIVITY-BASED COSTING AND MONTE CARLO METHODS TO MANAGE FUTURE COSTS AND RISKS
"It is difficult to mention one person before the other. However, I undoubtedly owe much to Professor Bert Bras at the Systems Realization Laboratory (SRL) at the ISO 14000 Compliance.
Georgia Institute of Technology. Apart from being my supervisor, and an excellent
one, he and I worked together during my master studies in 1993 and 1994 to
develop a new Life-Cycle Costing method called Activity-Based Costing with
Uncertainty. Then we embarked on a new Life-Cycle Assessment method in 1996
through 1999 as a part of my Ph.D. studies, which upon completion turned out to
be useful for integrated cost and environmental management. In 2000, a popular-
ized and edited version of the Ph.D. dissertation was published as a book titled
Activity-Based Cost and Environmental Management: A Different Approach to the
ISO 14000 Compliance."
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