Revisiting Reliability of Estimates at Completion for Department of Defense Contracts

Authors

Deborah B. Kim, Air Force Institute of Technology
Edward D. White, Air Force Institute of TechnologyFollow
Jonathan D. Ritschel, Air Force Institute of TechnologyFollow
Chad A. Millette, Air Force Institute of Technology

Document Type

Article

Publication Date

2019

Abstract

Within earned management, the cost performance index (CPI) and the critical ratio (CR) are used to generate the estimates at completion (EACs). According to the research in the 1990s, estimating the final contract's cost at completion (CAC) using EAC_CR is a quicker predictor of the actual final cost versus using EAC_CPI. This paper aims to investigate whether this trend still holds for modern department of defense contracts.

Comments

Copyright © 2019, Emerald Publishing Limited

This a subscription-access article, available to readers with a subscription to Journal of Public Procurement, using the DOI link below.

DOI

10.1108/JOPP-02-2018-0006

Source Publication

Journal of Public Procurement

Recommended Citation

Kim, D. B., White, E. D., Ritschel, J. D., & Millette, C. A. (2019). Revisiting reliability of estimates at completion for department of defense contracts. Journal of Public Procurement, 19(3), 186–200. https://doi.org/10.1108/JOPP-02-2018-0006