Lifecycle cost modelling

Working as an analyst, I have been developing performance and lifecycle cost models for over 6 years. These are primarily for mining clients and assets, but some in defence and aviation.

As I was in consulting, we worked on 6-12 week projects, delivering quick analysis to guide clients in deccision making.
To deliver valuable information in this short time, it was important to quickly adapt to each customer’s situation - no two projects were ever the same!

Each project would have its own quirks, and that meant choosing the correct analysis method and tools. I would often learn new software/tools to deliver information within a project, going from a student to teacher within the 6-week scope.
That said, most of the projects were heavily based around Microsoft Excel, where I have spent the most time.

Lifecycle cost modelling in Excel is straightforward and can include a lot of simple configuration options - inflation, time-value, tax deferences, CAPEX/OPEX management, and more.
The lifecycle costs are also built from a first-principle approach, using task lists to generate a comprehensive set of costs for equipment.

See below some examples of Lifecycle modelling and component life forecasts.

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