Lifecycle costing provides the lowest long-term cost of ownership and should be used as a management decision tool. Although project cost management is primarily concerned with the cost of the resources needed to complete the project (Option A, partly true), it should also consider the effect of project decisions on the subsequent recurring cost of using, maintaining, and supporting the project. Hence, lifecycle cost analysis can be used to assist management in the decision-making process. Lifecycle costing looks at the entire cost of the product, not just the cost of project.