Monthly Archives: January 2021

Hardware Lifecycle Cost Model Updates, Upcoming Webinar


The Hardware Lifecycle (HL) cost model has undergone major improvements for TruePlanning 16.2.  Among the many new features are maintenance concept optimization, modeling of custom mixes of maintenance strategies, improved modeling flexibility for scheduled and unscheduled maintenance, and tools for managing large HL projects.

The model contains 28 predefined Maintenance Concepts (MC), which describe how equipment failures will be addressed in terms of what actions will be taken and where maintenance will take place.  The MC optimization runs all applicable MCs and finds the most cost-effective maintenance strategy.  The custom MC feature allows you to create a hybrid strategy that mixes aspects of different maintenance strategies together.  A new excel plugin is now available that can provide a detailed analysis of the results and makes it easy to manage large estimates (1000+ hardware items) quickly.

Register here — Join us on February 17th for a 60 webinar where we will review HL estimating basics, explore the new and updated features, watch live demonstrations, and host a Q&A session.