Aug 31, 2024  
2023-2024 Graduate Catalog 
    
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2023-2024 Graduate Catalog [ARCHIVED CATALOG]

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OREM 7323 - Systems Life Cycle Cost and Affordability Analysis

Credits: 3

Provides an understanding of Systems affordability concepts and the life cycle cost process. Examines the importance of using these concepts in optimizing engineering/business decisions, with emphasis being placed on the evaluation of alternatives, weighing costs, risks, reliability, maintainability, supportability, weight, performance, and other benefit/risk parameters. Topics include total ownership cost, estimating methods and techniques, cost analysis process, system trade studies, sensitivity analysis, risk analysis and simulation, and system cost effectiveness. Prerequisites: OREM 7301 , OREM 7311 , OREM 7313 .


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