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Accession Number:
ADA048109
Title:
Sea Nymph Pilot LCC Model Development Report.
Descriptive Note:
Technical document,
Corporate Author:
NAVAL UNDERWATER SYSTEMS CENTER NEW LONDON CONN NEW LONDON LAB
Report Date:
1977-09-15
Pagination or Media Count:
43.0
Abstract:
Effective cost management of the Sea Nymph Project requires a dynamic means to 1 identify, 2 define, 3 estimate, 4 calculate, 5 record, 6 evaluate, 7 control, and 8 update cost data. Such data must be processed automatically because of the large number of cost categories and the factors they consist of and the necessity to accurately evaluate their effects during project management decision making. Upon assessment of available and feasible cost information, it has been determined by the Naval Electronics Systems Command Headquarters NAVELEX PME 107-1 that the most suitable automatic data processing alternative is the life cycle cost LCC method and computer resources. These were developed for the Chief of Naval Material CNM by the Naval Weapons Engineering Support Activity NAVWPNENGSUPPACT. A description of the basic method to be used is contained in Life Cycle Cost Guide for Equipment Analysis, January 1977, prepared for the Naval Material Command by NAVWPNENGSUPPACT, Management Engineering Department, Cost Management Division. This report documents LCC application to the Sea Nymph Project and explains practical problems that must be addressed in a typical LCC application. Author
Distribution Statement:
APPROVED FOR PUBLIC RELEASE