Astronomy and Astrophysics – Astronomy
Scientific paper
Jul 2010
adsabs.harvard.edu/cgi-bin/nph-data_query?bibcode=2010spie.7738e..27r&link_type=abstract
Modeling, Systems Engineering, and Project Management for Astronomy IV. Edited by Angeli, George Z.; Dierickx, Philippe. Proce
Astronomy and Astrophysics
Astronomy
Scientific paper
Total Cost of Ownership (TCO) is a metric from management accounting that helps expose both the direct and indirect costs of a business decision. However, TCO can sometimes be too simplistic for "make vs. buy" decisions (or even choosing between competing design alternatives) when value and extensibility are more critical than total cost. A three-dimensional value-based TCO, which was developed to clarify product decisions for an observatory prior to Final Design Review (FDR), will be presented in this session. This value-based approach incorporates priority of requirements, satisfiability of requirements, and cost, and can be easily applied in any environment.
Duplain Ronald F.
Radziwill Nicole M.
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