Cost Estimating Cases: Educational Tools for Cost Analysts
Abstract
The goal of this research effort was to develop educational cases that would bridge the gap between the theory and principles of cost estimating currently taught in the Air Force Institute of Technology (AFIT) Graduate Cost Analysis (GCA) curriculum and the real world of cost estimating in the acquisition arena. To achieve these goals, the following research objectives were investigated (1) Identify cost estimating skills that graduates of the AFIT GCA curriculum are expected to possess. (2) Assess the relative importance of the identified cost estimating skills. (3) Select weapon system scenarios that are relevant, interesting, and facilitate student performance of identified cost estimating skills. (4) Provide cases based on realistic scenarios that will facilitate student learning of important cost estimating skills. The cases developed in this research effort were implemented in the summer quarter 1993 GCA seminar class. Feedback from seminar students and Air Force cost estimating organizations was collected to measure the overall effectiveness of these cases in facilitating student learning. The results show that the cases developed in this effort are effective in developing the AFIT GCA students' abilities to apply cost estimating techniques.
Document Details
- Document Type
- Technical Report
- Publication Date
- Sep 01, 1993
- Accession Number
- ADA274210
Entities
People
- James R. Passaro
- Kerrie G. Schieman
Organizations
- Air Force Institute of Technology