Estimating The Cost-Ship Repair
Estimating The Cost-Ship Repair
Estimating The Cost-Ship Repair
600%
500%
400%
300%
200%
100%
0%
In Shop On Block On Board
O
n
W
0%
10%
20%
30%
40%
50%
60%
ea
th
er
De
ck
O
il
Ta
nk
En s
gi
ne
Ro
Su o m
pe
rs
tr
uc
tu
Added Cost Factor
Pu re
m
p
Ro
o m
Ho
Do
u l ds
bl
e
Bo
Impact of Work Access:
tt o
m
s
Impact of Work Access:
Over-Head Down-Hand
1.40
1.35
Escalation Index
1.30
1.25
1.20
1.15
1.10
1.05
1.00
1995 1996 1997 1998 1999 2000 2001
Year
Impact of Learning:
120%
Percent of First Item Cost
100%
80%
60%
40%
20%
0%
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20
Number of Similar Items Worked
Impact of Standard Materials:
Cost Risk
$1,800
$1,600
$1,400
$1,200
$1,000
$800
$600
$400
$200
$0
Minim um
Expected
Maxim um
Range of Costs
Cost Risk Analysis
Cost Probability
120%
100%
Probability
80%
60%
40%
20%
0%
$0 $500 $1,000 $1,500 $2,000
Cost Range
Hardware Options
Multi-User Network
Many Report Formats