Controlling Life-Cycle Cost: A Management Perspective.
Abstract
The objective of this thesis is to examine the obstacles which are preventing the Navy from realizing the full economic advantage of a total cost management program for aviation support equipment. The research has shown that Navy program managers are not fully committed to managing life-cycle cost nor is it considered early enough in the procurement process to influence design. To improve the life-cycle cost management effort, existing policies and provisions included in DoD Directives should be applied to aviation support equipment. More emphasis should be placed on the RFP as a means of communicating the Navy's concerns about controlling cost and adequate information should be provided to the contractor to be used in developing realistic cost estimates. Finally, life-cycle cost should be elevated to the level of unit-production cost, schedule and performance and made a mandatory source selection criterion. Keywords: Life-cycle cost management; Total cost of ownership; Managing cost; Operating and support cost; LCC of aviation support equipment.
Document Details
- Document Type
- Technical Report
- Publication Date
- Dec 01, 1985
- Accession Number
- ADA165520
Entities
People
- David L. Porter
Organizations
- Naval Postgraduate School