In procuring as well as developing organizations, understanding for the costs a system will generate over its lifetime is central. With our profound knowledge about system lifecycle management we can identify and quantify the total costs and provide a basis for an optimization of your solution.
What is Lifecycle Cost Analysis?
When we perform a Lifecycle Cost Analysis of your system, we start by analyzing the planned lifecycle and the operational concepts you foresee regarding the usage and support of the system. Through such an analysis we can identify and quantify the correct cost over time. We deliver our analysis and a cost model, which is a powerful tool to use for bid preparation, modifications/upgrades, and for benchmarking.
Why do you need a Lifecycle Cost Analysis?
- To optimize design of a new system by increasing understanding about cost driving factors
- To understand the need and focus on the right thing when modifying/upgrading an existing system
- To be able to plan and budget for a system over its lifetime
- To be able to compare different alternatives when acquiring/procuring a system or a service
Our competences in this area: