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Parametric Assessment
__Systems level assessment_______ The method outlined above is not meant to be either a construction estimate or a budget estimate to carry out projects. The intended use is as a facility performance metric to be compared and trended against other commonly used facilities metrics. This parametric estimate is accurate enough for its intended purpose while utilizing a standard approach in a simplified manner that should allow full application at a tolerable cost. For the purposes of metric trending and FASAB reporting we must not fall in the typical engineering trap of making calculations to the fourth decimal place, rather than viewing this as a MACRO level indicator number.
Pros:
a) Rapid;
b) Cheap; c) ____

Cons:
a) Non-actionable;
b) _____; c) _______


See also: