A CONSIDERATIONS ON THE FACTORS GENERATING INCREASES IN THE LIFE CYCLE COST FOR MILITARY EQUIPMENTS Cover Image

A CONSIDERATIONS ON THE FACTORS GENERATING INCREASES IN THE LIFE CYCLE COST FOR MILITARY EQUIPMENTS
A CONSIDERATIONS ON THE FACTORS GENERATING INCREASES IN THE LIFE CYCLE COST FOR MILITARY EQUIPMENTS

Author(s): Ionut Rosu
Subject(s): Business Economy / Management, Economic policy, Security and defense
Published by: Regional Department of Defense Resources Management Studies
Keywords: life cycle; integration; short term; military organization; management;

Summary/Abstract: When analyzing the purchase of military equipment, the commissions should be composed of a wide range of specialists, which should be taking into account all aspects of the equipment, including its cost throughout its lifespan. Lack of information in these committees, lack of understanding of the concept of life cycle cost, the focus on short term considerations, lack of an integrated view regarding the life cycle cost of an equipment from its acquisition to the end users, lack of correlation between military considerations and economic considerations are just a few of the risk factors that lead to increases in equipment costs over their life cycle.

  • Issue Year: 16/2021
  • Issue No: 16
  • Page Range: 220-225
  • Page Count: 6
  • Language: English