Document Type

Article

Publication Date

7-3-2017

Abstract

Purpose: The introduction of “should cost” in 2011 required all Major Defense Acquisition Programs (MDAP) to create efficiencies and improvements to reduce a program’s “will-cost” estimate. Realistic “will-cost” estimates are a necessary condition for the “should cost” analysis to be effectively implemented. Owing to the inherent difficulties in establishing a program’s will-cost estimate, this paper aims to propose a new model to infuse realism into this estimate.

Design/methodology/approach: Using historical data from 73 Departments of Defense programs as recorded in the selected acquisition reports (SARs), the analysis uses mixed stepwise regression to predict a program’s cost from Milestone B (MS B) to initial operational capability (IOC).

Comments

Publisher version of record at Emerald: https://doi.org/10.1108/JDAL-04-2017-0004

All articles published in JDAL are published Open Access under a CC BY 4.0 license.Creative Commons Attribution License

DOI

10.1108/JDAL-04-2017-0004

Source Publication

Journal of Defense Analytics and Logistics

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