A Quantitative Methodology for Estimating Total System Cost Risk

Abstract

This report presents a complete, detailed methodology for deriving quantitative estimates of program/system cost-risk. The procedures for completely algebraic and direct. They do not rely on Monte Carlo or Method of Moments techniques. Principle sources of uncertainty that contribute to cost- risk are identified for each of the four costing approaches treated in the methodology: Parametric Costing Approach; Engineering (Bottom-Up/Grass Roots) Costing Approach; Analogous (Scaling) Costing Approach; and Constant Multiplier Costing Approach.

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Document Details

Document Type
Technical Report
Publication Date
Jun 03, 1983
Accession Number
ADA130470

Entities

People

  • Albin D. Kazanowski

Tags

Communities of Interest

  • C4I
  • Energy and Power Technologies
  • Space

DTIC Thesaurus Topics

  • Acquisition
  • Air Force
  • Contracts
  • Cost Analysis
  • Cost Estimates
  • Cost Models
  • Databases
  • Engineering
  • Engineers
  • Failure Mode And Effect Analysis
  • Information Science
  • Materials
  • Method Of Moments
  • Probability
  • Procurement
  • Reliability
  • Space Systems

Readers

  • Calculus or Mathematical Analysis
  • Life Cycle Cost Analysis