Historical Cost Growth of Completed Weapon System Programs is popular PDF and ePub book, written by Mark V. Arena in 2006, it is a fantastic choice for those who relish reading online the History genre. Let's immerse ourselves in this engaging History book by exploring the summary and details provided below. Remember, Historical Cost Growth of Completed Weapon System Programs can be Read Online from any device for your convenience.
Historical Cost Growth of Completed Weapon System Programs Book PDF Summary
This report is one of a series from a RAND Project AIR FORCE project, "The Cost of Future Military Aircraft: Historical Cost Estimating Relationships and Cost Reduction Initiatives." The purpose of the project is to improve the tools used to estimate the costs of future weapon systems. It focuses on how recent technical, management, and government policy changes affect cost. This report focuses on the accuracy of cost estimates. For our analysis, we used a very specific sample of Selected Acquisition Report (SAR) data, namely only programs that are complete or are nearly so. The analysis indicates a systematic bias toward underestimating the costs and substantial uncertainty in estimating the final cost of a weapon system. In contrast to the previous literature, the cost growth was higher than previously observed. We also found few correlations with cost growth, but observed that programs with longer duration had greater cost growth and electronics programs tended to have lower cost growth. Although there were some differences in the mean cost growth factors among the military departments, the differences were not statistically significant. While newer programs appear to have lower cost growth, this trend appears to be due to factors other than acquisition policies.
Detail Book of Historical Cost Growth of Completed Weapon System Programs PDF
- Author : Mark V. Arena
- Release : 21 September 2024
- Publisher : Rand Corporation
- ISBN : 9780833039255
- Genre : History
- Total Page : 74 pages
- Language : English
- PDF File Size : 8,6 Mb
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