Cost Estimating for R&D Programs,

Abstract

While scientific and engineering techniques can be applied to estimating the cost of R/D programs, the estimating task is not, and will probably never be an exact science. An idea of the precision of the estimate can be obtained through use of an uncertainty analysis. This provides the odds related to potential program cost, and a manager with a feeling for statistics be able to render a sound decision based on this data. An attempt to relate the results of several cost uncertainty analyses to actual costs would undoubtedly be a fruitful area for future effort.

Document Details

Document Type
Technical Report
Publication Date
Jan 01, 1973
Accession Number
ADP000641

Entities

People

  • Edward E. Dougherty

Organizations

  • Frankford Arsenal

Tags

DTIC Thesaurus Topics

  • Army Operations
  • Data Science
  • Engineering
  • Information Science
  • Interdisciplinary Science
  • Mathematics
  • Operations Research
  • Precision
  • Statistics
  • Systems Science
  • Uncertainty

Readers

  • Regression Analysis.
  • Systems Analysis and Design