Enhancing the enhanced scenario-based method of cost risk analysis
Hooper, Seth T.
MetadataShow full item record
The current S-Curve method of cost risk analysis for major DON acquisitions projects does not accurately estimate actual cost when the program reaches Full Rate Production. Another, sometimes more effective method of measuring cost risk, is by using the enhanced scenario-based method (eSBM) of risk analysis. The reason that cost estimations from the milestone B costs are inaccurate is that very little, if any, real information about the project is known. eSBM allows managers a less statistically tasking method of determining cost risk for a project while still maintaining the requirements of the Weapons System Acquisitions Reform Act. The key factors in measuring the usefulness of eSBM should be focused on the acquisition strategy being used for the project and the time frame from Milestone B to later Milestones. I presume that different acquisition strategies will yield different levels of success in estimating cost risk for eSBM.
Showing items related by title, author, creator and subject.
Kujawski, Edouard; Angelis, Diana (Wiley Periodicals, Inc., 2010);Complex projects typically involve high-consequence, project-specific risks that require detailed analysis and for which risk response actions (RRAs) need to be developed and implemented. The risk picture is dynamic. The ...
Allen, Linda N. (Monterey, California. Naval Postgraduate School, 2001-12);This study evaluates the difference between the Design-Bid-Build (DBB) and Design-Build (DB) project delivery methods. The project delivery method defines the acquisition process, relationships, roles and responsibilities ...
Terrill, Mark Allen. (Monterey, California. Naval Postgraduate School, 1998-08-01);Though many of the legal issues that may be encountered using the design-build method of project delivery are the same or similar to legal issues encountered using other methods of project delivery, there are several issues ...