LCC Terms
The following table describes the terms used in LCC analysis.
Information
Description
Cost breakdown structure (CBS)
The hierarchical tree structure of the system cost elements to analyze.
Alternatives
Additional system designs to analyze to determine which design is the most cost-effective. Alternatives are specified in the Alternatives pane in the Project’s LCC Variables file. For more information, see LCC Variables Files
Time Intervals
The time intervals over which costs are determined. Time intervals are specified in the Time Intervals pane in the LCC Variables file.
Cost Equation Variables
The equations for calculating the costs associated with a CBS element.