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The Air Force Cost Estimating Process The Agencies Involved And Estimating Techniques Used
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Book Synopsis The Air Force Cost Estimating Process: The Agencies Involved and Estimating Techniques Used by : Edwin M. Lewis
Download or read book The Air Force Cost Estimating Process: The Agencies Involved and Estimating Techniques Used written by Edwin M. Lewis and published by . This book was released on 1977 with total page 143 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Department of Defense is faced with the task of acquiring new weapon systems. These acquisitions have been characterized by a history of cost growth, while disparities exist among the cost estimates that are made by different organizations. The AF Business Research Management Center believes that few individuals have an overall, detailed perception of how the various cost estimates interrelate and this belief was substantiated by the research. An extensive literature review was accomplished. A model of the Cost Estimating Process as it appears in published sources was developed, including specific estimating techniques used. Four factors were identified which need attention if the accuracy of estimates is to be improved: (1) a standardized definition of 'accuracy'; (2) a feedback system tailored to the individual estimator; (3) a compendium of cost estimating techniques; (4) a standardized data base identifying the estimator, project, techniques used, and time frame of the cost estimate.
Book Synopsis The Air Force Cost Estimating Process by : Edwin M. Lewis (MAJ, USAF.)
Download or read book The Air Force Cost Estimating Process written by Edwin M. Lewis (MAJ, USAF.) and published by . This book was released on 1977 with total page 129 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Cost Estimator's Reference Manual by : Rodney D. Stewart
Download or read book Cost Estimator's Reference Manual written by Rodney D. Stewart and published by Wiley-Interscience. This book was released on 1987-01-21 with total page 670 pages. Available in PDF, EPUB and Kindle. Book excerpt: Written by acknowledged experts in their field, this reference presents the fundamental equations, principles, practices, data and methods used by cost analysts to estimate the cost of work activities and work output. It covers a wide array of topics spanning all engineering disciplines such as mechanical, electrical, industrial and civil engineering. The book discusses how to develop a credible and accurate cost estimate, where to get supporting data, what tools and techniques are available, who to contact about being certified, obtaining publications and information, and finding training in the profession. Provided is a cross-section of the disciplines and fields needed to address the varied aspects of cost estimating. Also featured is a chapter on applying artificial intelligence to cost estimating. The book will be useful as an introduction for the novice, or as a working guide for the professional cost estimator.
Book Synopsis Contract Pricing by : United States. General Accounting Office
Download or read book Contract Pricing written by United States. General Accounting Office and published by . This book was released on 1987 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis An Analysis of the Cost Estimating Process in Air Force Research and Development Laboratories by : Hellmut W. F. Scheel
Download or read book An Analysis of the Cost Estimating Process in Air Force Research and Development Laboratories written by Hellmut W. F. Scheel and published by . This book was released on 1981 with total page 197 pages. Available in PDF, EPUB and Kindle. Book excerpt: Within Air Force laboratories estimating costs for new projects can be a difficult task for the project manager. This is due to the uncertain nature of the exploratory development projects, which predominate in Air Force laboratories, and the lack of standardized guidelines or procedures to assist in the estimating. The objectives of this thesis were to: (1) Identify the techniques which are commonly used in estimating costs for exploratory development projects; (2) Identify factors which contribute to the variance between the project manager's cost estimate and the offeror's proposed costs; and (3) Identify weaknesses or limitations in the current cost estimating procedures and develop recommendations for improvement. The results indicate laboratory project managers rely almost exclusively on historical data from past projects or recent cost proposals and/or their own experience to estimate new project costs. Four major factors were identified as contributing to the variance between estimates: (1) Project managers underestimate manpower; (2) Project managers underestimate overhead; (3) Project managers are constrained by initial estimates or the availability of funds and; (4) potential offerors misinterpret the Statement of Work. Two of the major recommendations for improvement were: (1) to establish a computerized data base of past projects; and (2) to decrease the acquisition lead time. (Author).
Author :United States. Congress. Senate. Committee on Armed Services. Subcommittee on Defense Acquisition Policy Publisher : ISBN 13 : Total Pages :104 pages Book Rating :4.0/5 (1 download)
Book Synopsis Cost Estimating in Support of Contract Negotiations by : United States. Congress. Senate. Committee on Armed Services. Subcommittee on Defense Acquisition Policy
Download or read book Cost Estimating in Support of Contract Negotiations written by United States. Congress. Senate. Committee on Armed Services. Subcommittee on Defense Acquisition Policy and published by . This book was released on 1985 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis A U.S. Air Force Cost Analysis Cost Estimating Model Program for Use with the "TI Programmable 59" Handheld Calculator by : Joe M. Balding
Download or read book A U.S. Air Force Cost Analysis Cost Estimating Model Program for Use with the "TI Programmable 59" Handheld Calculator written by Joe M. Balding and published by . This book was released on 1978 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper documents a Texas Instruments 'TI Programmable 59' calculator program that uses the U.S. Air Force Cost Analysis Cost Estimating (CACE) model described in Air Force Regulation 173-10, Volume I, USAF Cost and Planning Factors, dated 6 February 1975. The CACE model was designed with a 'building block' approach to estimate annual operating costs of aircraft weapon systems. The model is useful to Air Force organizations, other Government agencies, and government contractors for cost analysis, life cycle cost exercises, or studies concerned with cost effectiveness comparisons between weapon systems. The program described in this paper provides the user with a means of using the CACE model with a hand-held programmable calculator, eliminating lengthy manual computation or the necessity of using a computer. With its calculator connected to the Texas Instruments 'PC-100A Print Cradle, ' the program allows the user to select among several cost factor input methods, estimate output formats, and summarization options.
Book Synopsis An Analysis of the Cost Estimating Process in Air Force Research and Development Laboratories by : Hellmut W. F. Scheel (CAPT, USAF.)
Download or read book An Analysis of the Cost Estimating Process in Air Force Research and Development Laboratories written by Hellmut W. F. Scheel (CAPT, USAF.) and published by . This book was released on 1981 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Impossible Certainty written by and published by Rand Corporation. This book was released on 2006 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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."
Book Synopsis Improving the Accuracy of Early Cost Estimates for Federal Construction Projects by : National Research Council
Download or read book Improving the Accuracy of Early Cost Estimates for Federal Construction Projects written by National Research Council and published by National Academies Press. This book was released on 1990-02-01 with total page 55 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Acquisition Cost-estimating Workforce by : Georges Vernez
Download or read book The Acquisition Cost-estimating Workforce written by Georges Vernez and published by RAND Corporation. This book was released on 2009 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: To help fulfill a congressional mandate that cost estimates for major defense acquisition programs be performed by properly qualified members of the armed forces or full-time employees of the Department of Defense, RAND researchers conducted a census of the cost-estimating staff in the Air Force's four product centers and three logistics centers. They also held focus groups with a sample of cost estimators. This report presents the results.
Book Synopsis Historical Cost Growth of Completed Weapon System Programs by : Mark V. Arena
Download or read book Historical Cost Growth of Completed Weapon System Programs written by Mark V. Arena and published by Rand Corporation. This book was released on 2006 with total page 74 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Author :Department of Department of Defense Publisher :Createspace Independent Publishing Platform ISBN 13 :9781721943463 Total Pages :112 pages Book Rating :4.9/5 (434 download)
Book Synopsis Operating and Support Cost-Estimating Guide by : Department of Department of Defense
Download or read book Operating and Support Cost-Estimating Guide written by Department of Department of Defense and published by Createspace Independent Publishing Platform. This book was released on 2014-03-31 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt: Department of Defense The ability to generate reliable cost estimates is a critical function, necessary to support the Department of Defense capital programming process. Without this ability DoD is at risk of experiencing cost overruns, missed deadlines, and performance shortfalls-all recurring problems that our program assessments too often reveal. Furthermore, cost increases often mean that DoD cannot fund as many programs as intended or deliver them when promised. The methodology outlined in this guide is a compilation of best practices that federal cost estimating organizations and industry use to develop and maintain reliable cost estimates throughout the life of a DoD acquisition program. Why buy a book you can download for free? We print this book so you don't have to. First you gotta find a good clean (legible) copy and make sure it's the latest version (not always easy). Some documents found on the web are missing some pages or the image quality is so poor, they are difficult to read. We look over each document carefully and replace poor quality images by going back to the original source document. We proof each document to make sure it's all there - including all changes. If you find a good copy, you could print it using a network printer you share with 100 other people (typically its either out of paper or toner). If it's just a 10-page document, no problem, but if it's 250-pages, you will need to punch 3 holes in all those pages and put it in a 3-ring binder. Takes at least an hour. It's much more cost-effective to just order the latest version from Amazon.com This book includes original commentary which is copyright material. Note that government documents are in the public domain. We print these large documents as a service so you don't have to. The books are compact, tightly-bound, full-size (8 1⁄2 by 11 inches), with large text and glossy covers. 4th Watch Publishing Co. is a SDVOSB. If you like the service we provide, please leave positive review on Amazon.com. Without positive feedback from the community, we may discontinue the service and y'all can go back to printing these books manually yourselves.
Book Synopsis A Methodology for Estimating the Full Cost of Replacing Trained Air Force Personnel by :
Download or read book A Methodology for Estimating the Full Cost of Replacing Trained Air Force Personnel written by and published by . This book was released on 1987 with total page 65 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper developes a methodology to estimate, by Air Force specialty code, the full steady state replacement cost for trained Air Force personnel. At present the Air Force computes a replacement cost based on acquisition through completion of Basic Military Training and Technical School. Our Model extends these costs by adding the cost of on-the-job training, to include both the loss of the supervisor's and trainee's time, as well as field training detachment and career development course costs. The data is taken from the Occupational Survey Questionnaire which is administered on an ongoing basis and is available from the Human Resources Lab Data Base. Simplifying assumptions include using average values and assuming a straight line approach to full productivity. All other assumptions have been kept on the conservative side (lower costs). The methodology can be expanded to include the costs of unanticipated attrition.
Book Synopsis Cost Estimating and Contract Pricing by : Gregory A. Garrett
Download or read book Cost Estimating and Contract Pricing written by Gregory A. Garrett and published by Wolters Kluwer. This book was released on 2008-01-01 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: The process of estimating the cost for the development and delivery of a product, service, or solution can range from simple to highly complex based upon multiple factors including: technology maturity, urgency, geographic location, quantity, quality, availability of resources, hardware and software, systems integration and more. This book provides a comprehensive discussion of cost estimating and contract pricing with extensive use of tools, techniques, and best practices from both the public and private sectors. Key topics of discussion include: Cost estimating methods Cost accounting standards Cost analysis Profit analysis Contract pricing arrangements Price analysis Total ownership cost Earned value management systems
Book Synopsis Guide to Independent Government Cost Estimating by : Government Training Inc
Download or read book Guide to Independent Government Cost Estimating written by Government Training Inc and published by . This book was released on 2010-11-01 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: An Overview of Federal Contracting and the Role of IGCEFive Step Process Leading to Best Practice EstimatesThe Guide to Independent Government Cost Estimating is the indispensible guide to an often viewed complex subject but one which has earned a serious position in the acquisition life cycle.The Guide provides an expanded overview of the federal acquisition process and the role played by independent government cost estimates. The information is accented by well-grounded discussion of the statutory and regulatory basis for cost estimates. The Guide then introduces a five-step process leading to best practice estimates. The five steps are presented with clarity and designed to be quickly understood and applied.The Guide walks the reader through the mine field of complex formulas, rules, regulations and techniques explaining what needs to be done, why and in what order.The Guide is filled with practical information, handy hints, best practices and checklists. Its presentation is aided by the novel use of call outs that highlight key passages, important information and checklists. Also included are measures of success and a quiz and exercises on material covered in the book that can be used by managers or for self-study.Whether you are an experienced contracting professional or a novice, this guide offers an approach that meets best practices standards and which is repeatable using the five step process. For more details, visit www.GTIBookstore.com
Book Synopsis Unit Cost Analysis by : John Frederic Schank
Download or read book Unit Cost Analysis written by John Frederic Schank and published by RAND Corporation. This book was released on 1986 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report presents a consistent and complete methodology for comparing annual operating and support costs of active and reserve units within and across all components of the force. Existing service models and data were modified or manipulated to create active and reserve annual cost models and cost factors. The report describes the general approach and uses service-specific case studies to demonstrate methods and cost factor derivations. Case studies include: Air Force F-4D and C-130E squadrons; Army mechanized infantry, tank, field artillery, and combat engineering battalions; and Navy F-4S squadrons and FF1052 frigates. Results, given in FY 1983 dollars, show wide variances in annual active and reserve unit costs across units and services, emphasizing the need for a case-by-case approach to unit costing. Technical appendixes present the detailed descriptions of cost factor derivations and data sources. A companion document, R-3210/1-RA, provides a summary of this report in executive briefing format.
