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Finance and Financial Management

Air Force Institute of Technology

Cost estimates

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Analysis Of Time-Phased Estimates Accuracy, Budget Profile And Under-Spending In Defense Acquisition Programs, Thinh Q. Tran Mar 2021

Analysis Of Time-Phased Estimates Accuracy, Budget Profile And Under-Spending In Defense Acquisition Programs, Thinh Q. Tran

Theses and Dissertations

As fiscal resources become more limited due to the expanding range of mission needs, accurate cost estimating and budgeting have become more important than ever before. Accurate cost estimates allow the Department of Defense (DoD) to budget with confidence and to effectively communicate its needs to Congress. This research looks to analyze estimates from Air Force’s programs using Milestone B and Initial Operational Capability as the analysis window. Initial analysis of the linear interpolation of the percent budget change indicates that there is underspending in the earlier stages of acquisition programs’ development cycle. Additionally, looking at the cumulative budget change …


The Development Of Laser Cost Estimating Relationships (Cers) From Commercial Data, Michael J. Nolette, Steven L. Seeley Sep 1999

The Development Of Laser Cost Estimating Relationships (Cers) From Commercial Data, Michael J. Nolette, Steven L. Seeley

Theses and Dissertations

The Post Cold War acquisition environment has been marked by significant budget reductions and the greater use of commercial practices. In this austere and rapidly changing acquisition environment, accurate cost estimates are paramount to maximize the use of the DoD's critical resources. The advancement of laser technology has spawned a large variety of military laser applications such as the Airborne Laser (ABL), Space Based Laser (SBL) and a host of other smaller programs. Furthermore, the Air Force Laboratory's Directed Energy Applications for Tactical Airborne Combat (DEATAC) Study (the sponsoring activity of this thesis research) is considering a host of airborne …


Software Support Cost Estimating Models: A Comparative Study Of Model Content And Parameter Sensitivity, Kevin L. Brummert, Philip R. Mischler Jr. Sep 1998

Software Support Cost Estimating Models: A Comparative Study Of Model Content And Parameter Sensitivity, Kevin L. Brummert, Philip R. Mischler Jr.

Theses and Dissertations

This research entailed a comparison of five software estimating models: PRICE-S, SEER-SEM, SoftCost-OO, SoftEst, and SPR KnowledgePLAN. The objective was to research the differences of the software models as related to software support cost. The following major question areas were addressed: (1) How do the differences between the models impact the resulting cost estimates? (2) To what degree can we explain and adjust for the differences between cost models? All items were for flight avionics of a manned aircraft. The differences between the models significantly impact the resulting estimates. Over the five models evaluated, a range of over $60 million …