Acquisition Cost Experience and Predictability,
Abstract
The paper focuses on comparing and predicting cost experiences of weapon system acquisitions, using cost factors (the ratios of actual to predicted costs) as a basis. A model is set out that considers several of the more pertinent influences of the development program and system involved on the magnitude of a cost factor. Basically, the length of the development phase of the new system acquisition and the technological advance sought for the new system are related to the cost estimation inaccuracy or real cost growth of the system. (Author)
Document Details
- Document Type
- Technical Report
- Publication Date
- Jan 01, 1971
- Accession Number
- AD0725875
Entities
People
- Alvin J. Harman
Organizations
- RAND Corporation