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The Impact Of Changing Requirements, James C. Ellis
The Impact Of Changing Requirements, James C. Ellis
Theses and Dissertations
The fundamental purpose of an Engineering Change Proposal (ECP) is to change the requirements of a contract. To build in flexibility, the acquisition practice is to estimate a dollar value to hold in reserve after the contract is awarded. There appears to be no empirical-based method for estimating this ECP withhold in the literature. Using the Cost Assessment Data Enterprise (CADE) database, 533 contracts were randomly selected to build two regression models: one to predict the likelihood of a contract experiencing an ECP, and the other to determine the expected median percent increase in baseline contract cost if an ECP …