Full Version Cost Estimation: Methods and Tools (Wiley Series in Operations Research and

  • 4 years ago
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Cost estimating has always been a supportive element of decision support disciplines such as cost-benefit analyses, and within the past three years, cost estimating has taken on a critical and central role in decision analysis, as evidenced by, for example, national legislation such as the Weapon Systems Acquisition Reform Act (WSARA) of 2009, the growth of the professional cost estimating community, and the growth of professional societies, including the Society of Cost Estimating and Analysis (SCEA). 'COST ESTIMATION: METHODS AND TOOLS' features quantitative techniques for the working professional cost estimator within industry and government agencies. The authors address why cost estimation is needed, who does it, and where relevant data can be found such as databases on cost estimation, including those maintained by the Defense Cost and Resource Center (DCARC) and Visibility and Management of Operating and Supporting Costs (VAMOSC). In addition, the book details the fundamentals of cost estimation, including working with inflation indices, regression analysis, learning curves, analogies, cost factors, and wrap rates.RUNNING TIME ? 15hrs. and 46mins.?2015 John Wiley & Sons, Inc. (P)2018 Gildan Media