DocumentCode
2701493
Title
Application of balanced score card in LCC management
Author
Tian, Qingmin ; Gan, Lu ; Wang, Runquan
Author_Institution
Manage. Dept., Mech. Eng. Coll., Shijiazhuang, China
fYear
2012
fDate
15-18 June 2012
Firstpage
1104
Lastpage
1107
Abstract
Minimizing LCC is an important way in cost control. But the system life cycle can be influenced by many factors, such as the change of strategic target and the application of new technology. In this case, how can LCC be optimized? In this paper, application of balanced score card is discussed in LCC optimization process on condition that the strategic target hasn´t been changed.
Keywords
life cycle costing; optimisation; LCC management; LCC optimization process; balanced score card application; cost control; strategic target; system life cycle; Control systems; Customer satisfaction; Finance; Indexes; Performance evaluation; Project management; Technological innovation; balanced scorecard; equipment management; life cycle cost;
fLanguage
English
Publisher
ieee
Conference_Titel
Quality, Reliability, Risk, Maintenance, and Safety Engineering (ICQR2MSE), 2012 International Conference on
Conference_Location
Chengdu
Print_ISBN
978-1-4673-0786-4
Type
conf
DOI
10.1109/ICQR2MSE.2012.6246414
Filename
6246414
Link To Document