SYS 403 - Systems Engineering Life Cycle Costing

Institution:

Embry-Riddle Aeronautical University-Daytona Beach

Subject:

Description:

3 Credits Current trends in system development indicate that, in general, complexity is increasing, and many systems in use today are not meeting the needs of customers. These trends, combined with past practices, have tended to create an imbalance between cost and effectiveness. This course addresses this important aspect of systems engineering by examining cost and economic factors under the general theme of design for affordability. An introduction to life-cycle costing is followed by a focus on costs as they occur throughout the system life cycle. Types of contracts (for example, fixed price, cost-plus) are studied. The steps in the life-cycle cost analysis process are examined through the use of examples, and the applications and benefits of life-cycle costing are summarized. Prerequisite: SYS 304.

Credits:

0.00 - 3.00

Credit Hours:

Prerequisites:

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

www.erau.edu

Phone Number:

(800) 222-3728

Regional Accreditation:

Southern Association of Colleges and Schools

Calendar System:

Semester

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