Please use this identifier to cite or link to this item:
Title: Reduction of Total Ownership Cost
Authors: Michael W. Boudreau
Brad R. Naegle
Keywords: Total Ownership Cost (TOC)
Cost Management
Life Cycle Cost (LCC)
Cost as Independent Variable (CAIV)
Cost-Performance Tradeoffs
Issue Date: 1-Sep-2003
Publisher: Acquisition Research Program
Citation: Published--Unlimited Distribution
Series/Report no.: Cost as Independent Variable (CAIV)
Abstract: This paper addresses incentives that can be employed to encourage life cycle cost perspective. It examines the critical issues associated with understanding and implementing the TOC concept and provides recommendations to assist PMs to knowledgeably execute a TOC plan. Metrics necessary to ensure appropriate implementation are explored. Various methods of controlling and reducing TOC are evaluated, including communication among stakeholders, CAIV documentation, tradeoff analysis, Reliability-Centered Maintenance (RCM); Performance-Based Logistics (PBL), Commercial Operations & Support Savings Initiative (COSSI), Earned Value Management System (EVMS), Activity-Based Costing (ABC), Value Engineering, and lessons from R-TOC Pilots.
Description: Acquisition Management / NPS Faculty Research
Appears in Collections:Sponsored Acquisition Research & Technical Reports

Files in This Item:
File SizeFormat 
NPS-AM-03-004.pdf569.08 kBAdobe PDFView/Open

Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.