DAFORMFILLABLE.COM | DA FORM 5605-2-R Fillable – Army Pubs 5605-2-R PDF – DA FORM 5605-2-R, commonly known as the Life Cycle Cost Analysis Summary (LRA), is an essential document used primarily by the United States Army Corps of Engineers (USACE). First published on December 1, 1986, this form plays a crucial role in the life cycle cost analysis of projects. Its primary objective is to ensure that all aspects of project costs are considered, making it a vital tool for financial and project analysts in the military and associated civilian sectors.
DA FORM 5605-2-R – Life Cycle Cost Analysis Summary (LRA)
| Form Number | DA Form 5605-2-R |
| Form Title | Life Cycle Cost Analysis Summary (LRA) |
| Form Date | 12/01/1986 |
| Form Proponent | USACE |
What is Life Cycle Cost Analysis?
Life Cycle Cost Analysis (LCCA) is a method used to assess the total cost of ownership of a project or a product over its expected life span. This includes initial costs, operation, maintenance, and eventual disposal costs. LCCA is critical for decision-making processes where it helps stakeholders identify the most cost-effective options among different alternatives based on long-term cost considerations.
Importance of DA FORM 5605-2-R in LCCA
DA FORM 5605-2-R serves as a standardized format for summarizing the life cycle costs associated with different projects managed or evaluated by USACE. The form helps in documenting, analyzing, and comparing the costs of project alternatives, ensuring that financial assessments are both comprehensive and comparable.
Structure of DA FORM 5605-2-R
The Life Cycle Cost Analysis Summary (LRA) is designed to capture detailed cost information across various stages of a project’s life cycle. The form includes sections for initial costs, maintenance, upgrades, operational costs, and eventual disposal or decommissioning costs. Each section requires detailed input that influences the overall financial analysis and decision-making process.
Accessibility and Distribution
As an UNCLASSIFIED document, DA FORM 5605-2-R is approved for public release, and its distribution is unlimited. This accessibility ensures that professionals and stakeholders can utilize the form without restrictions, enhancing transparency and collaboration in project assessments.
Using DA FORM 5605-2-R Effectively
To effectively use DA FORM 5605-2-R, professionals should gather comprehensive data about all cost factors associated with the project. This includes projected inflation rates, estimated lifespans of equipment, maintenance schedules, and potential risks that could alter the cost structure over time.
Best Practices in Filling Out the Form
- Accurate Data Collection: Ensure all data entered in the form is accurate and reflective of true cost estimates.
- Regular Updates: Update the cost analysis periodically to reflect any changes in project scope, technology, or external economic factors.
- Stakeholder Involvement: Engage various stakeholders when filling out the form to incorporate diverse insights and ensure all potential costs are considered.
Conclusion
DA FORM 5605-2-R is a pivotal tool in the arsenal of financial and project management within the USACE and beyond. By providing a clear framework for life cycle cost analysis, it helps organizations make informed decisions that optimize economic outcomes over the long term. As such, understanding and utilizing this form effectively can lead to significant savings and more successful project implementations.
Professionals looking to learn more about DA FORM 5605-2-R or incorporate it into their project assessment protocols can access the form through various USACE resources or online platforms dedicated to military forms and documentation, such as Daformfillable.com.
DA FORM 5605-2-R Fillable – Army Pubs 5605-2-R PDF DOWNLOAD
