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An Exploratory Study Of The Use Of Parametric Estimating In Department Of Defense Contracting, Patricia Blakely, Rudolph Haynesworth

Theses and Dissertations

An initiative to expand the use of parametric estimating in government contracting has enjoyed only marginal success. Some reasons for the slower pace of implementation are the lack of availability of historical data, training, acquisition rules, utility, and accuracy concerns. Those associated with the Parametric Cost Estimating Initiative (PCEI) have a higher perception of parametric utility and accuracy than those not associated with the initiative. The PCEI advocates using parametric techniques in any situation, not just the concept/development phases advocated by most literature. Parametric estimating is a catch all term for several different types of statistically based methodologies, ranging from …