Procedures and Software for Assessing Uncertainty in Cost Estimates

Abstract

With extensive literature on the treatment of uncertainty in cost estimates, and because several uncertainty software packages are now available, the Naval Center for Cost Analysis asked the Center for Naval Analyses to conduct a study with the objective of evaluating the procedures and software that it now employs. This report begins with a discussion of introductory analytical issues and then focuses on the software packages that were evaluated. Additional analytical questions are addressed in connection with those evaluations.

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Document Details

Document Type
Technical Report
Publication Date
Jun 01, 1995
Accession Number
ADA362367

Entities

People

  • Henry L. Eskew
  • Walter R. Nunn

Organizations

  • Center for Naval Analyses

Tags

Communities of Interest

  • Ground and Sea Platforms
  • Materials and Manufacturing Processes
  • Space

DTIC Thesaurus Topics

  • Computer Programs
  • Computers
  • Cost Analysis
  • Cost Estimates
  • Data Science
  • Databases
  • Department Of Defense
  • Information Science
  • Knowledge Management
  • Monte Carlo Method
  • Normal Distribution
  • Probability
  • Probability Distributions
  • Random Variables
  • Regression Analysis
  • Risk
  • Risk Analysis

Readers

  • Database Systems and Applications
  • Instructional Design and Training Evaluation.
  • Systems Analysis and Design