Please use this identifier to cite or link to this item:
https://dair.nps.edu/handle/123456789/2525
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 Affordability |
Issue Date: | 1-Sep-2003 |
Publisher: | Acquisition Research Program |
Citation: | Published--Unlimited Distribution |
Series/Report no.: | Cost as Independent Variable (CAIV) NPS-AM-03-004 |
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 |
URI: | https://dair.nps.edu/handle/123456789/2525 |
Appears in Collections: | Sponsored Acquisition Research & Technical Reports |
Files in This Item:
File | Size | Format | |
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NPS-AM-03-004.pdf | 569.08 kB | Adobe PDF | View/Open |
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