How are project life-cycle costs estimated?
The system developed for estimating the cost of DOE facility projects, as well as other project management issues, is outlined in DOE Order 413.3 Program and Project Management for the Acquisition of Capital Assets. The DOE project management system is designed to be consistent with the broader government-wide cost management requirements of OMB Circular A-11 Part 3. The DOE project management order incorporates a number of good practice guides to provide sufficient policy and information for successful management of DOE projects. One of these good practice guides is GPG-FM-025A, Pollution Prevention which was mentioned previously. Another good practice guide, GPG-FM-032A, Life Cycle Cost, provides detailed guidance on life-cycle cost estimating methods, analysis, and assumptions. To the extent feasible, pollution prevention opportunities should be identified and incorporated into project life-cycle cost estimates using these two good practice guides. It is essential to evaluate the li
