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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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