The Effects of Policy Guidance Emphasizing the Use of Parametric Methods in Cost Estimating.
Abstract
This study examines the potential impacts of the DoD emphasizing the use of parametric cost estimating methods or techniques in the acquisition process. As one of many initiatives to improve the DoD acquisition process through use of commercial practices, parametric cost estimating has the potential to be helpful in many applications for which it had never before been considered. This study, conducted through a questionnaire, personal interviews and a review of recently released publications from the DoD Joint Government/Industry Initiative, identifies areas of interest for those anticipating using parametric cost estimating methods and techniques. These areas include the Program Definition & Risk Reduction and Engineering & Manufacturing Development phases of program management as well as for many pre-award contract actions. The data from this thesis show that the majority of the personnel in the DoD acquisition community believe that parametric cost estimating methods can be used effectively in those areas. The data also show that the methods also may have applications in the Production, Fielding/Deployment & Operational Support phase of program management and post-award contract actions such as negotiating changes, forward pricing rate agreements, or analyzing claims.
Document Details
- Document Type
- Technical Report
- Publication Date
- Dec 01, 1996
- Accession Number
- ADA325565
Entities
People
- James K. Patton
Organizations
- Naval Postgraduate School