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Total Cost of Ownership and Life Cycle Cost analysis with D-LCC:
- 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. D-LCC provides bottom-up cost estimating, supports detailed examination of the costs and parameters affecting LCC, and performs Net Present Cost analysis.
D-LCC 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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