Life Cycle Costs Ad hoc trade studies are A process for performing A standardized trade Measures are assigned to Standard procedure for 12 and the Trade performed but there is trade studies is study process is defined the standardized trade trade study management Process neither a standard and documented at and managed at the study process such that is in place and expected nor a method of the program level. Trade level. The adherence to the to be followed. assigning responsibility. studies are conducted on process can be process is trade study a program-by-program tailored from the Measures can approach is part of the basis. Responsibility is set of standard consist of the number of design process training. assigned and studies are practices for each trade studies performed Standard trade study managed at the program under guidelines on a program, the formats, derived from specified within the of options considered standard procedure, are level. Deviations beyond in each trade, cost followed within each those allowed by tailoring realized resulting Oversight of the guidelines are from each trade, cost trade study process is justified, reviewed performance index (CPI) assigned at the enterprise and approved. and schedule level, along with the index (SPI) trend keeping measures for all analysis, etc. Programs programs. The measures are quantitatively are analyzed at the and statistics are level, and fed logged for program back to the programs for optimization of the trade study process. An repository of trade study findings is available for the benefit of all
12 Life Cycle Costs and the Trade Process Ad hoc trade studies are performed but there is neither a standard nor a method of assigning responsibility. A process for performing trade studies is and documented at the program level. Trade studies are conducted on a program-by-program basis. Responsibility is assigned and studies are managed at the program level. A standardized trade study process is defined and managed at the level. The process can be tailored from the set of standard practices for each under guidelines specified within the Deviations beyond those allowed by tailoring guidelines are justified, reviewed and approved. Measures are assigned to the standardized trade study process such that adherence to the process is Measures can consist of the number of trade studies performed on a program, the of options considered in each trade, cost realized resulting from each trade, cost performance index (CPI) and schedule index (SPI) trend analysis, etc. Programs are quantitatively and statistics are logged for program Standard procedure for trade study management is in place and expected to be followed. trade study approach is part of the design process training. Standard trade study formats, derived from standard procedure, are followed within each Oversight of the trade study process is assigned at the enterprise level, along with the keeping measures for all programs. The measures are analyzed at the level, and fed back to the programs for optimization of the trade study process. An repository of trade study findings is available for the benefit of all
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