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.

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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

Tags

Communities of Interest

  • Air Platforms

DTIC Thesaurus Topics

  • Aircrafts
  • Budgets
  • Cost Benefit Analysis
  • Cost Reductions
  • Data Mining
  • Economic Analysis
  • Engineers
  • Financial Management
  • Investments
  • Law
  • Logistics
  • Maintenance
  • Maintenance Costs
  • Organizational Structure
  • Reliability
  • Test And Evaluation
  • Therapy

Readers

  • Aerospace Engineering
  • Environmental Remediation and Restoration.
  • Life Cycle Cost Analysis