An Application of Rayleigh Curve Theory to Contract Cost Estimation and Control

Abstract

Cost growth is a major problem in defense systems acquisition. Since 1969 the DoD has underestimated the ultimate costs of major systems by more than 50 percent. Consequently, the importance of contract costs has risen greatly in recent years to the point that costs are now officially equated to technical performance in importance. A body of knowledge of the structure and models of the behavior of contract costs and contract performance within DoD is desired. This paper develops a simplified methodology for the systematic analysis and prediction of cost and schedule variables from an existing data base. The methodology is applied to actual DOD contract data using the interactive computing system MINITAB. (Author)

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Document Details

Document Type
Technical Report
Publication Date
Mar 01, 1982
Accession Number
ADA118213

Entities

People

  • Harry Watkins Iii

Organizations

  • Naval Postgraduate School

Tags

Communities of Interest

  • Weapons Technologies

DTIC Thesaurus Topics

  • Analysis Of Variance
  • Business Administration
  • Contracts
  • Data Science
  • Databases
  • Defense Systems
  • Department Of Defense
  • Helicopter Engines
  • Information Science
  • Knowledge Management
  • Manpower Utilization
  • Mathematical Models
  • Models
  • National Security
  • Operations Research
  • Organizational Structure
  • Project Management

Readers

  • Government Contracting/Procurement.
  • Life Cycle Cost Analysis
  • Regression Analysis.