A Cost Performance Forecasting Concept and Model

Abstract

This report identifies and illustrates the principles of a new and potentially valuable cost forecasting method. It is the objective of the technique to forecast Estimates At Completion (EACs) each month, utilizing data available in the Cost Performance Reports (CPRs). A single sample was used as a uniform data base for comparing the consequences of various methods. These methods are the linear extrapolation of percent cumulative cost variance and unconstrained and constrained regression analysis applied to an exponential relationship.

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Document Details

Document Type
Technical Report
Publication Date
Nov 01, 1974
Accession Number
ADA022793

Entities

People

  • O. A. Karsch

Tags

Communities of Interest

  • Air Platforms
  • Materials and Manufacturing Processes
  • Weapons Technologies

DTIC Thesaurus Topics

  • Application Software
  • Computational Processes
  • Computer Programs
  • Computers
  • Confidence Limits
  • Contractors
  • Cost Analysis
  • Cost Estimates
  • Costs
  • Data Science
  • Databases
  • Delphi Method
  • Extrapolation
  • Information Science
  • Plastic Explosives
  • Regression Analysis
  • Statistics

Readers

  • Approximation Theory.
  • Life Cycle Cost Analysis