Resource and Asset Lifecycle Costing

A system, computer program product, and method to deriving a cost model and dynamic adjustment of the derived model responsive to dynamic modification of one or more of the resources in a hybrid shared resource environment. Resources and corresponding configuration information are collected while monitoring runtime utilization of resource performance. As changes to the resources are discovered, the changes are subject to an assessment. A hybrid cost model is derived and configured to account for the one or more resources. The derived hybrid cost model is leveraged to conduct a multi-dimensional resource evaluation of the assessed changed configuration information. Responsive to the multi-dimensional evaluation, a generated resource utilization optimization of the one or more resources is selectively implemented.