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DOE OSTI · 2278826

Advanced Fuel Cycle Cost Basis Report: Supporting Documents 2 Production Based Costing

Hoffman, Ed·Hansen, Jason K.
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Abstract

The purpose of this section is to outline a method of cost analysis whereby a significantly better representation of “should achieve” costs may be attained for NOAK systems. Based on economists’ notions of producer theory, and grounded in the cost analysts’ and project managers’ tool called the Work Breakdown Structure (WBS), this section describes best practices in cost estimation. It then illustrates how the Code of Accounts (COA) structure, developed by the Economic Modeling Working Group (EMWG) of the Generation IV International Forum in “Cost Estimating Guidelines for Generation IV Nuclear Energy Systems [EMWG 2007] (hereafter “Gen IV Guidelines Document”), can be used to differentiate “should achieve” versus “did experience” costs.

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Hoffman, Ed, Hansen, Jason K.. 2023-10-01. Advanced Fuel Cycle Cost Basis Report: Supporting Documents 2 Production Based Costing. https://doi.org/10.2172/2278826

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