Cost-Benefit Analysis Concepts for Insensitive Munitions Policy Implementation,

Abstract

Australia's Insensitive Munitions (IM) policy requires ADF Program Managers to introduce Insensitive Munitions into Service where it is "sensible, practicable and cost-effective to do so". An assessment of the cost-benefits of introducing IM is likely to require a financial analysis which differs from those normally undertaken, in that many of the benefits may be probabilistic and/or difficult to quantify. This report discusses factors applicable to IM cost-benefit analyses, and indicates some important areas which should be taken into consideration when conducting such analyses.

Open PDF

Document Details

Document Type
Technical Report
Publication Date
Dec 01, 1999
Accession Number
ADA373369

Entities

People

  • A. White
  • R. P. Parker

Organizations

  • Defence Science and Technology Group

Tags

Communities of Interest

  • Biomedical
  • Ground and Sea Platforms
  • Human Systems
  • Weapons Technologies

DTIC Thesaurus Topics

  • Ammunition
  • Australia
  • Cost Benefit Analysis
  • Cost Effectiveness
  • Explosives
  • Information Science
  • Insensitive Explosives
  • Money
  • Monte Carlo Method
  • Munitions
  • Probability
  • Probability Distributions
  • Procurement
  • Sensitivity
  • Simulations
  • Weapon Systems
  • Weapons

Fields of Study

  • Political science

Readers

  • Life Cycle Cost Analysis
  • Munitions and Ordnance Engineering
  • Organizational Process Management (OPM).