Blueprint for Project Recovery: A Project Management Guide The Complete Process for Getting Derailed Projects Back on Track

RECOVERY

If you are at or near the very beginning of your project, you are in a position to achieve the objectives of LCC, that is: Choosing the most cost-effective approach to the entire life cycle/total cost of ownership system, product, or unit within the available resources. Sometimes this can include planned or estimated future expansions as well. The analysis must cover the entire lifespan of the system, product, or unit. The LCC process provides a systematic methodology for evaluating and quantifying the cost impacts of alternative courses of action. It can be used to support trade-off analyses between several product design configurations, or the sensitivity of a specific design to changes. The LCC can, and probably will, affect the distribution ...