Learning Objectives

  • Learn how to use the Life Cycle Costing (LCC) module of Availability Workbench™.
  • Discover how to build a Cost Breakdown Structure and what parameters are used to drive the LCC calculation.

Key Learnings

  • How to use the LCC module of Availability Workbench™ and understand where it fits into the whole suite.
  • Experience all the key features of LCC from cost breakdown structure build through to results output.
  • Participate in a real world exercise to develop an LCC model which shows the key features of the LCC module.
  • See how simulation data from the AvSim module and RCMCost module can be easily and efficiently brought across into LCC.

Why you should attend:

  • Interested in Isograph’s Availability Workbench™ and want to see and learn how to use it.
  • Want to perform an LCC study and utilise existing modelling data from RCMCost or AvSim.
  • Need a dedicated LCC program to perform modelling for presentation.


Duration and Delivery arrow icon
  • 0.25-day face-to-face classroom, or
  • 2-hours remote web conferencing

Who should attend? arrow icon

Reliability Engineers, Project Engineers, Maintenance Analysts, Maintenance Supervisors, Design Engineers

Program arrow icon

Day 1

  • Building the Cost Breakdown Structure
  • Global variables
  • Phases
  • Setting interval cost
  • Utilising simulation results from RCMCost / AvSim
  • Results
  • Group exercise

Benefits arrow icon

Provides engineers with the skills to be able to perform a LCC study either as a standalone analysis or directly from RCMCost or AvSim simulated data within AWB.

Languages arrow icon
  • English
  • Spanish

Learning Path arrow icon

Prerequisites: None 

Next Steps: AWB201 - The RCMCost Module, AWB301 -  The AvSim Module