A Comparative Analysis of the Cost Estimating Error Risk Associated With Flyaway Costs Versus Individual Components of Aircraft

Topics:
Aerospace and Defense
Tags:
Aerospace & Defense,
Aircraft,
Analysis,
It Operations,
It service Management,
Manufacturing,
Project Management,
Work Breakdown Structure
Source:
Air University

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Overview: The purpose of this research is to investigate and measure the risks associated with taking a macro versus micro approach to aircraft cost estimation. By analyzing the fidelity of a cost estimate developed at the flyaway cost level versus a cost estimate developed at the individual components level, this research provides guidelines for appropriate allocation of cost analyst resources. This objective is accomplished by looking at the cost estimation error risk of recurring costs at level one of the Work Breakdown Structure (WBS) and at level two of the WBS.

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Format: PDF | Size: 695KB | Date: Mar 2003 | Pages: 133

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