Cost Benefit Analysis Models for Evaluation of VMEP/HUMS Project
Abstract
Models for cost benefit analysis (CBA) of vibration monitoring (VM) and Health Usage Monitoring Systems (HUMS) are discussed. A brief overview of CBA methods with examples of its application to large government funded projects is given. The objectives and projected benefits of the South Carolina Army National Guard (SCARNG) Army Aviation Support Facility (AASF) Vibration Management Enhancement Program (VMEP) are briefly reviewed. The cost components associated with this activity at the SCARNG/AASF operational unit are identified and discussed. A list of most costly maintenance parts and operations is given. Possible cost savings and cost differing components are analyzed from CBA perspective. As the implementation of the VMEP project has just started, the last part of the paper presents the projected CBA evaluation results.
Document Details
- Document Type
- Technical Report
- Publication Date
- Apr 05, 2001
- Accession Number
- ADP013501
Entities
People
- Andrew Rekers
- Georgiana Craciun
- Victor Giurgiutiu
Organizations
- University of South Carolina