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Total Cost of Ownership and Life Cycle Cost analysis with Cost Commander:
- Evaluation and comparison of alternative design approaches.
- Comparison of alternative strategies
- Identification of cost effective improvements
- Project budget and economic viability assessment
- Long term financial planning
Life Cycle Cost is defined by using a pre-defined or a newly created Cost Breakdown
Structure (CBS) and allocating cost variables to each CBS primary element. Cost
Commander provides bottom-up cost estimating, supports detailed examination of the
costs and parameters affecting LCC, and performs Net Present Cost analysis.
Cost Commander combines the Cost Breakdown Structure (CBS) with Product Breakdown
Structure (PBS) and applies the bottom-up calculation incorporating the time-scale
(life cycle phases).
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