A REVIEW AND ANALYSIS OF STATISTICAL COST ESTIMATING RELATIONSHIPS.

Abstract

Statistical cost estimating relationships (CER) are used by cost analysts for estimating future systems costs before the costs are incurred. A sample of published studies concerning CER's is reviewed and analyzed and a general prognosis of the techniques involved is presented. Some currently used alternatives to CER's are discussed and methods of improving cost estimating relationships are examined. Major conclusions are that the technique of estimating costs through statistical relationships is sound but that improvements can be realized in certain areas. (Author)

Document Details

Document Type
Technical Report
Publication Date
Apr 01, 1970
Accession Number
AD0712463

Entities

People

  • Marshall Nichols Carter

Organizations

  • Naval Postgraduate School

Tags

Readers

  • Government Contracting/Procurement.
  • Theoretical Analysis.