For your convenience, AKYLADE provides a digital calculator to use during your certification exams as needed.
To help you prepare, we have included a sample calculator below for practice, along with an example calculation from our textbook, Mastering Cyber Resilience: From Theory to Practice.
Practice Example: Calculating the Three-Year Total Cost of Ownership (3TCO)
Use the following information to practice calculating the 3TCO:
- Operating Hours: Operating the system requires two hours per week.
- Hourly Rate: $125 per hour.
- Annual Licensing Fee: $7,200 per year.
- Implementation Cost: The system acquisition cost is $36,000, and it requires 80 hours to implement, with an implementation labor rate of $125/hour.
HINT:
Formulas:
- Annual Operating Cost = (Annual Licensing Fee) + (Operating Hours × Labor Cost)
- Implementation Cost = Acquiring Fee + (Implementation Hours × Labor Rate)
- Three-Year Total Cost of Ownership (3TCO) = (Implementation Cost) + (Annual Operating Cost × 3)
Answer: Using these formulas, the total operating cost to implement this control over three years would be $106,600.
Practicing this calculation will help ensure you’re prepared to succeed on your exam. For additional questions, contact us at support@akylade.com or visit our Community Forum for more guidance.
Ready to take the next step? Visit akylade.com/vouchers to purchase your voucher and sign up for your certification exam today!