- Cost Commander allows the user to apply pre-defined LCC
models as well as to create new Cost structures and models.
An existing CBS can be easily tailored to meet all needs
of any particular project.
- The Product Tree Cost Calculation option allows incorporation of the Product Tree parameters in a LCC model and calculation of any required cost elements (like spare parts cost for each Level of Repair) across all Product Tree items.
State-of-the-art features and options
Net Present Cost (NPC)
In financial and budgetary analysis, it is necessary to identify the present value of future cash flows, namely the Net Present Cost. The NPC analysis also provides comparison of options with different inflation and discount rates, and is enhanced through sensitivity analysis of these rates.
Cost Profile Analysis
Cost Commander supports detailed examination
of the dynamics of future cash flows over multiple time periods.
Sensitivity Analysis
The Cost Commander Sensitivity Analysis
option computes changes in the LCC/TCO resulting from changes
in any global variable. The sensitivity analysis identifies
major cost drivers (Pareto "vital few"), supports trade-off
analysis and indicates the effects of altering critical parameters
and assumptions.
Cost-Effectiveness evaluation
Managers are interested in cost-effectiveness
which is typically calculated in terms of performance per
unit cost. Cost Commander's Cost-Effectiveness module provides
this insight as well as other effectiveness measures.
Cost Item analysis
Cost Commander provides a utility to calculate
the costs of a particular budget line item. This "Cost Item"
function computes the contribution of any item, such as labor,
or material. Results are reported at the element level and
rolled up into a project total.
Optimal Repair Level Analysis (ORLA)
Cost Commander includes a powerful ORLA module
for calculating the cost and effectiveness of various Level
of Repair alternatives per product tree item, thus supporting
optimal decision making.
The main reports and analyses available in
Cost Commander are:
- Total and Detailed Costs
- Cost Profile
- Cost Profile by Elements
- Cost-Effectiveness
- Basic CBS Tree
- Optimal Repair Level Analysis
- Versatile User-defined Graphs and Tables
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