Abstract
The total product life cycle cost can be planned based on one of the methods of global cost estimation. Also, total product life cycle cost can be planned based on cost plans and estimates by phases of the product life cycle, such as the phases of development, production, use and termination of the life cycle. By identifying the specific activities related to the relevant phases of life cycle as corresponding cost drivers, it is possible to accurately determine the total cost of individual phases using suitable methods known in the literature. This paper presents planning possibility respectively cost assessment of product development phase.
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