Institutionalizing the Results of the Independent Cost Analysis,

Abstract

Objective Three of the Comptroller of the Air Force Long Range Objective Plan and Strategies is to: Assume a full range of quality cost, economic and financial analysis and management services is provided in support of the Air Force mission. Strategy 3. a states; Apply analysis capability and usefulness in the decision making process at all levels. Potentially the most useful tool for impacting the analysis process in the area of cost is the Independent Cost Analysis (ICA). An independent test for reasonableness of a program office estimate, the ICA is an effective tool for program management. While there are policies in effect at both the Department of Defense and Air Force level for treatment of ICA results, these policies do not lead to a consistant and thorough teatment of ICA results in program management and budgeting activities. This paper suggest that a more standardized and regulated treatment of ICA results within the Air Staff would be of benefit to program financial management, and serve as an incentive to those who prepare the estimate.

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Document Details

Document Type
Technical Report
Publication Date
Sep 01, 1985
Accession Number
ADA160986

Entities

People

  • Joseph T. Wagner

Organizations

  • Air Force Systems Command

Tags

Communities of Interest

  • Materials and Manufacturing Processes
  • Weapons Technologies

DTIC Thesaurus Topics

  • Acquisition
  • Air Force
  • Business Administration
  • Comptrollers
  • Cost Analysis
  • Cost Estimates
  • Costs
  • Defense Systems
  • Department Of Defense
  • Financial Management
  • Perception
  • Planning Programming Budgeting
  • Procurement
  • Program Management
  • Weapon Systems
  • Weapons

Readers

  • Economics
  • Government Contracting/Procurement.
  • Military Engineering.