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FACET Overview
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Key Benefits Of Using FACET

- Provides prompt and accurate cost estimates
- Generates cost estimates from high and low level data-sets
- Assesses the effect of Uncertainty in the form of 3-point-estimates
- Aimed at utilising existing data sources, such as Janes publications
- Generates Acquisition and In-Service cost estimates at the early stages in a Products Life Cycle when key decisions need to be made to prioritise timescales and affordability
- Assess the sensitivity of design and performance characteristics
- Capable of reviewing multiple design and performance trade off options
- Evaluates the potential effects of multi national programmes in terms of development and production costs
- Provides the ability to compare and review multiple options rapidly
- Generates year on year cost profile
- Evaluates cost and timescale against project of similar type
- Users can become proficient with the minimum of training

FACET provides a vital role in the drive to establish an awareness and better understanding of the equipment cost.