Time Sequences and Points

Time Sequences

A time sequence is the name of a set of time points. LccWare calculates the costs associated with cost nodes on the Cost Breakdown Structure at each time point in a time sequence.

Time dependent variables can have different values at each time point in each time sequence, constant variables have the same value at each time point.

Time Points

Time points are the dates at which cost calculations are to be carried out. A set of time points from the beginning to end of a life cycle is known as a time sequence.

LccWare calculates the costs associated with cost nodes on the Cost Breakdown Structure at each time point in a time sequence. Time dependent variables can have different values at each time point in each time sequence; constant variables have the same value at each time point.

The screen shot below shows the Time Points dialog: