Title :
Flowgraph representation of life cycle cost methodology-a new perspective for project managers
Author :
Riggs, Jeffrey L. ; Jones, Denise
Author_Institution :
Dept. of Ind. & Syst. Eng., Alabama Univ., Huntsville, AL, USA
fDate :
5/1/1990 12:00:00 AM
Abstract :
A novel technique is presented for performing life-cycle cost analysis. The technique is based on a graph-theoretic representation of interrelationships among the variables as functions making up a given methodology: learning, cost parameters, cost factors, and quantities. A diagraph representation of variable relationships serves as the basis for establishing the network. Flowgraph theory is used to solve the network. This technique is believed to be significant because a single representation of the cost analysis methodology provides: a communication representation which will allow project managers to be aware of content, complexity, and underlying cost drivers of their system´s life-cycle cost; a mathematical representation which is based on a cost analyst´s logical description of the methodology; and a computer-executable representation
Keywords :
management; project engineering; communication representation; computer-executable representation; cost factors; cost parameters; flowgraph representation; learning; life cycle cost methodology; life-cycle cost analysis; mathematical representation; project managers; Communication system operations and management; Content management; Cost function; Design engineering; Engineering management; Job shop scheduling; Life estimation; Logic; Processor scheduling; Project management;
Journal_Title :
Engineering Management, IEEE Transactions on