Application of Life Cycle Costing Principles to Less than Major Programs.
Abstract
This study examined ten current life cycle cost (LCC) procurements of aircraft subsystems and equipment. The objectives of the research were to identify potential LCC problem areas, to consolidate lessons learned from past and on-going LCC-oriented programs, and to provide the basis for development of an improved and simplified LCC guidance document for the program manager. The methodology used was a combination of literature review and interviews with personnel within ASD currently responsible for various aspects of LCC. The interviews focused primarily on program managers, but included others involved with contracting, testing, engineering, and LCC modeling. The study is organized into areas covering early program considerations, models and data inputs, request for proposal and source selection, negotiation, contracting, and incentive considerations, LCC verification testing, and lessons learned. (Author)
Document Details
- Document Type
- Technical Report
- Publication Date
- Sep 01, 1978
- Accession Number
- ADA060772
Entities
People
- Joseph P. Culp
- Steven D. Novy
Organizations
- Air Force Institute of Technology