Parametric Cost and Schedule Modeling for Early Technology Development

Abstract

Estimating technology development in support of investment decisions continues to be a formidable challenge in the cost community. Design, performance, or technical requirements, which drive traditional parametric models or translate analogous system costs, are often unavailable in the early life-cycle stages of basic or applied technology development. Often compounding the limited availability of information about the technology is the proprietary or protected nature of technology research and development efforts and related intellectual property. Restrictions on sharing information contribute to the lack of data, objective models, and methods that can be broadly applied in early planning stages. Scientific, technological, and financial communities are in need of forecast models that enable them to estimate new or immature technology developments more accurately. This report investigates cost and schedule modeling that leverages macro-parameters generally known or available in early technology development stages.

Open PDF

Document Details

Document Type
Technical Report
Publication Date
Aug 30, 2018
Accession Number
AD1128246

Entities

People

  • Chuck Alexander

Organizations

  • Johns Hopkins University

Tags

Communities of Interest

  • Biomedical
  • Space

DTIC Thesaurus Topics

  • Acquisition
  • Best Practices
  • Business Administration
  • Complex Systems
  • Cost Analysis
  • Cost Models
  • Data Sets
  • Databases
  • Delphi Method
  • Department Of Defense
  • Engineering
  • Engineers
  • Homeland Security
  • Information Science
  • Life Cycles
  • Mechanical Engineering
  • Military Acquisition
  • Nonlinear Dynamics
  • Propulsion Systems
  • Range Finding
  • Space Systems
  • Standards
  • Statistical Analysis
  • Statistics
  • Surveys
  • Systems Engineering

Readers

  • Economics
  • Life Cycle Cost Analysis
  • Military Science and Technology Research and Modernization.