Navy Integrated Cost / Benefit Analysis Tool

Period of Performance: 01/20/2003 - 02/04/2010

$3.75MM

Phase 2 SBIR

Recipient Firm

THE Consulting Network, Inc.
209 Washington Street
Middletown, MD 21769
Principal Investigator

Abstract

Any Total Ownership Cost (TOC) reduction initiative requires completion of a cost/benefit analysis, including the detailed preparation of a Life Cycle Cost (LCC) analysis. LCC models are often very labor intensive to complete with inputs that are typically derived from various engineering disciplines and/or existing databases. The proposed SBIR development will provide an Internet accessible LCC model for rapid completion of Navy related cost/benefit analyses in a collaborative environment. Application-specific schemas will be developed to link existing Navy and commercial databases for "auto-completion" of LCC model inputs. An Application Programming Interface (API) will also be developed to facilitate interfacing with other Navy applications. The output format of the cost/benefit analysis will use a standard Navy TOC reduction format. An Internet accessible LCC model would provide a collaborative environment for rapid cost/benefit analysis of commercial products. Since model inputs are typically derived from various engineering disciplines and/or existing databases, an Internet accessible LCC model would expedite completion of a cost/benefit analysis by supporting input from diverse locations. Application-specific interfaces would support linking existing commercial databases for "auto-completion" of model inputs. In addition, an Internet accessible LCC model will support rapid revision of an existing cost/benefit analysis based upon updated model inputs.