Methods and Models for Life Cycle Costing (Methodes et Modeles D'Evaluation du cout de Possession)

Abstract

This report is the product of the System Analysis and Studies (SAS) Task Group SAS-054 review of NATO and Partner nations? cost forecasting methods and models. The Task Group's core objectives were to understand NATO and Partner nations' methods and models for life cycle costing, and to promulgate best practice within the NATO Phased Armaments Programming System (NAPS). The SAS-054 report provides a comprehensive view on the application and use of life cycle costing from an early conceptual phase in the product life cycle through to the disposal phase. It provides illustrations on the types of life cycle cost studies that can be conducted and examples to demonstrate the benefits of such analysis. The treatment of uncertainty and risk within the context of developing the life cycle cost estimate is also explained within the report. The report concludes with a number of recommendations to improve the use and understanding of life cycle costing in the decision making process.

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Document Details

Document Type
Technical Report
Publication Date
Jun 01, 2007
Accession Number
ADA515584

Entities

Organizations

  • NATO Science and Technology Organization

Tags

Communities of Interest

  • Engineered Resilient Systems

DTIC Thesaurus Topics

  • Business Administration
  • Computer Programming
  • Computer Programs
  • Computers
  • Control Systems
  • Cost Analysis
  • Data Analysis
  • Databases
  • Department Of Defense
  • Information Science
  • Management Personnel
  • Military Acquisition
  • Operations Research
  • Organizational Structure
  • Software Development
  • Systems Engineering
  • Test And Evaluation

Readers

  • Life Cycle Cost Analysis
  • Small Business Innovation Research Program (SBIR) EDI Research and Innovation.