Beyond Cost-per-Unit: Economic Analysis and Metrics in Defense Decisionmaking

Abstract

This report documents research and analysis conducted as part of a project entitled Army Cost-per-Effect Analysis, sponsored by the Deputy Chief of Staff, G-3/5/7, U.S. Army. The purpose of the project was to assess the feasibility and utility of a cost-per-effect metric to complement existing qualitative and quantitative assessments and comparisons of cost versus benefit in planned systems and capabilities development for the Army and other armed services.

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Document Details

Document Type
Technical Report
Publication Date
Jun 11, 2024
Accession Number
AD1229774

Entities

People

  • Craig A. Bond
  • Duncan Long
  • John C. Jackson
  • Jordan Willcox
  • Katharina L. Best
  • Mark Hvizda
  • Nathaniel Edenfield
  • Victoria A. Greenfield

Organizations

  • RAND Corporation

Tags

Readers

  • Computational Modeling and Simulation
  • Defense Acquisition Program Management
  • Economics