About Scenarios

Scenarios are based on one or more assets or groups of assets that help evaluate the cost of ownership over defined accounting periods or planned asset life. An analysis can have one or many scenarios to cover all of the costs over the lifespan of an asset. On the LCC Overview page, scenario performance can be compared when an analysis has more than one scenario.

Scenarios are made up of an Operating Profile and a Cost Data grid.

For example, a construction company owns a fleet of trucks and would like to assess the cost of trucks over a lifespan. A scenario will include different trucks based on their life expectancy. Within the scenario, the company will keep track of maintenance, repairs, and fuel usage to determine the exact cost of the truck in that scenario.

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