---
title: Budgeting Cost Models
description: A Replacement Cost Model assigns an average replacement cost to each Asset Class; build several to compare budget assumptions.
---

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# Budgeting Cost Models

## A Replacement Cost Model assigns an average replacement cost to each Asset Class — build as many as you like.

### Budgeting Cost Models

A Replacement Cost Model is a list of average replacement costs, one per Asset Class. You can build as many Cost Models as you like, which lets you experiment with different Budget Scenarios under different assumptions.

### How It Works

Suppose you have a set of Asset Classes with service durations defined. For a Cost Model, you assign an expected replacement cost to each class — for example a price for laptops, another for desktops, another for Chromebooks. The values are entirely up to you, and you can maintain multiple models with different price assumptions.

A Cost Model becomes one of the inputs to a Budget Scenario (the other being your Asset Class service durations).

### Common Questions

**What is a Cost Model?**  
A list of average replacement costs, one per Asset Class.

**Can I have more than one?**  
Yes — build several to compare different pricing assumptions in your scenarios.

**How is a Cost Model used?**  
It’s an input to a Budget Scenario, alongside your Asset Class service durations.

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