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Cost growth

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Full-Text Articles in Engineering

United States Department Of Defense (Dod) Real Property Repair, Alterations, Maintenance, And Construction Project Contract Data: 2009–2020, Tyler Stout, Adam Teston, Brent T. Langhals, Justin D. Delorit, Carlton Hendrix, Steven J. Schuldt Oct 2020

United States Department Of Defense (Dod) Real Property Repair, Alterations, Maintenance, And Construction Project Contract Data: 2009–2020, Tyler Stout, Adam Teston, Brent T. Langhals, Justin D. Delorit, Carlton Hendrix, Steven J. Schuldt

Faculty Publications

Nearly one-half of all construction projects exceed planned costs and schedule, globally [1]. Owners and construction managers can analyze historical project performance data to inform cost and schedule overrun risk-reduction strategies. Though, the majority of open-source project datasets are limited by the number of projects, data dimensionality, and location. A significant global customer of the construction industry, the Department of Defense (DoD) maintains a vast database of historical project data that can be used to determine the sources and magnitude of construction schedule and cost overruns for many continental and international locations. The selection of data provided by the authors …


Analysis Of Military Construction Cost Growth In Usaf Major Defense Acquisition Programs, Emily E. Angell, Edward D. White, Jonathan D. Ritschel, Alfred E. Thal Jr. Apr 2020

Analysis Of Military Construction Cost Growth In Usaf Major Defense Acquisition Programs, Emily E. Angell, Edward D. White, Jonathan D. Ritschel, Alfred E. Thal Jr.

Faculty Publications

This study uses descriptive and inferential statistics to identify cost growth Analysis of Military Construction of military construction (MILCON) at the programmatic level, while bridging the gap between Selected Acquisition Report (SAR) estimates and actual project costs. Findings of this study aid the cost community with appropriate allocation of resources in developing these estimates. Overall, Major Defense Acquisition Programs (MDAP) appear to experience more negative growth (cost savings) in MILCON estimates on reviewed SARs— typically less than 0.2% of the total program cost. SAR estimates became more accurate from the first to last SAR in comparison to the total MILCON …