One of the core jobs of the fleet manager is to make sure fleet assets are provided in a cost-effective, efficient manner. Having a solid, reliable basis for determining those costs is a foundational need for performing this function. With good information on which to make decisions, fleet managers can ensure they are good stewards of public resources. This presentation provides practical, actionable, highly researched, and professionally supported guidance in calculating fleet costs. The presenter was the Deputy Principal Investigator on NCHRP Project 13-07. Benefits from attending this presentation include the following: identifying and defining direct and indirect costs; providing guidance for how best to allocate and aggregate costs; identifying appropriate equipment cost performance measures; providing “best practice” methodology for calculating costs; and guiding fleet cost data collection and use.
After attending this session, participants will be better able to:
Have a better understanding of how to organize and communicate fleet costs to fleet users, units, and other stakeholders.
Understand the differences between direct and indirect costs, and have a better grasp of how to organize and present these costs in terms of fleet activities.
Understand the basics for compiling fleet costs into activities that support benchmarking against other fleets and private sector service providers.