Designing a Conceptual Framework for Estimation and Analysis of Total Ownership Cost
Category: White Papers
This paper discusses the development of a conceptual framework for estimating Total Ownership Cost (TOC) in support of a broader audience, from the acquisition community to program managers and even as a decision support tool for entities such as Congress, DoD Financial / budgetary community, and G-8 Program Analysis & Evaluation. In developing this framework, we examined cost element structures and relevant organizational factors of the Army, Navy, NASA, UK MoD and others. We looked at the different use cases associated with TOC estimates, and studied the various roles and personas involved.