Download or read book The Framework for Life Cycle Cost Management written by Richard P. White and published by . This book was released on 1982 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt: The existing phased acquisition process, with key milestone decisions by the Secretary of Defense, is the framework for managing the life cycle costs of major weapon systems developed and produced under contracts and operated and supported by the military departments. This report defines life cycle cost and describes the framework and the several regulations, directives, and instructions that guide and direct the performance of the wide variety of functions that are parts of and influence the costs of the planning, designing, managing, acquiring, operating, and supporting of major DoD weapon systems. These include the policies and procedures for major system acquisition, the DSARC process, CAIG, R/M, quality, standardization, and contracting techniques of the award fee contract, life cycle costing, value engineering programs and incentives, and reliability improvement warranties. The report also fits each of these functions and activities into the framework, showing when each may, or must, be performed. It highlights the role of the program manager and the need for joint DoD/contractor management of the high risk process of developing major programs to meet mission needs.