Cost estimation : methods and tools /

"Provides a step-by-step introduction to the need for cost estimation, the various applications, and the available resources for obtaining relevant data"--

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Bibliographic Details
Online Access: Full text (MCPHS users only)
Main Author: Mislick, Gregory K.
Other Authors: Nussbaum, Daniel A., 1943-
Format: Electronic eBook
Language:English
Published: Hoboken, New Jersey : Wiley, 2015
Subjects:
Local Note:ProQuest Ebook Central

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100 1 |a Mislick, Gregory K. 
245 1 0 |a Cost estimation :  |b methods and tools /  |c Gregory K. Mislick, Department of Operations Research, Naval Postgraduate School, Monterey, California, Daniel A. Nussbaum, Department of Operations Research, Naval Postgraduate School, Monterey, California. 
264 1 |a Hoboken, New Jersey :  |b Wiley,  |c 2015. 
300 |a 1 online resource 
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504 |a Includes bibliographical references and index. 
505 0 0 |g Machine generated contents note:  |g 1.  |t "Looking Back: Reflections on Cost estimating" --  |t Reference --  |g 2.  |t Introduction to Cost Estimating --  |g 2.1.  |t Introduction --  |g 2.2.  |t What is Cost Estimating? --  |g 2.3.  |t What Are the Characteristics of a Good Cost Estimate? --  |g 2.4.  |t Importance of Cost Estimating in DoD and in Congress. Why Do We Do Cost Estimating? --  |g 2.4.1.  |t Importance of Cost Estimating to Congress --  |g 2.5.  |t Overview of the DoD Acquisition Process --  |g 2.6.  |t Acquisition Categories (ACATs) --  |g 2.7.  |t Cost Estimating Terminology --  |t Summary --  |t References --  |t Applications and Questions --  |g 3.  |t Non-DoD Acquisition and the Cost Estimating Process --  |g 3.1.  |t Introduction --  |g 3.2.  |t Who Practices Cost Estimation? --  |g 3.3.  |t Government Accountability Office (GAO) and the 12-Step Process --  |g 3.4.  |t Cost Estimating in Other Non-DoD Agencies and Organizations --  |g 3.4.1.  |t Intelligence Community (IC) --  |g 3.4.2.  |t National Aeronautics and Space Administration (NASA) --  |g 3.4.3.  |t Federal Aviation Administration (FAA) --  |g 3.4.4.  |t Commercial Firms --  |g 3.4.5.  |t Cost Estimating Book of Knowledge (CEBOK) --  |g 3.4.6.  |t Federally Funded Research and Development Centers (FFRDCs) --  |g 3.4.7.  |t Institute for Defense Analysis (IDA) --  |g 3.4.8.  |t Mitre Corporation --  |g 3.4.9.  |t Rand Corporation --  |g 3.5.  |t Cost Estimating Process --  |g 3.6.  |t Definition and Planning. Knowing the Purpose of the Estimate --  |g 3.6.1.  |t Definition and Planning. Defining the System --  |g 3.6.2.  |t Definition and Planning. Establishing the Ground Rules and Assumptions --  |g 3.6.3.  |t Definition and Planning. Selecting the Estimating Approach --  |g 3.6.4.  |t Definition and Planning. Putting the Team Together --  |g 3.7.  |t Data Collection --  |g 3.8.  |t Formulation of the Estimate --  |g 3.9.  |t Review and Documentation --  |g 3.10.  |t Work Breakdown Structure (WBS) --  |g 3.10.1.  |t Program Work Breakdown Structure --  |g 3.10.2.  |t Military-Standard (MIL-STD) 881C --  |g 3.11.  |t Cost Element Structure (CES) --  |t Summary --  |t References --  |t Applications and Questions --  |g 4.  |t Data Sources --  |g 4.1.  |t Introduction --  |g 4.2.  |t Background and Considerations to Data Collection --  |g 4.2.1.  |t Cost Data --  |g 4.2.2.  |t Technical Data --  |g 4.2.3.  |t Programmatic Data --  |g 4.2.4.  |t Risk Data --  |g 4.3.  |t Cost Reports and Earned Value Management (EVM) --  |g 4.3.1.  |t Contractor Cost Data Reporting (CCDR) --  |g 4.3.2.  |t Contract Performance Report (CPR) --  |g 4.3.3.  |t EVM Example --  |g 4.4.  |t Cost Databases --  |g 4.4.1.  |t Defense Cost and Resource Center (DCARC) --  |g 4.4.2.  |t Operating and Support Costs Databases --  |g 4.4.3.  |t Defense Acquisition Management Information Retrieval (DAMIR) --  |t Summary --  |t Reference --  |t Applications and Questions --  |g 5.  |t Data Normalization --  |g 5.1.  |t Introduction --  |g 5.2.  |t Background to Data Normalization --  |g 5.3.  |t Normalizing for Content --  |g 5.4.  |t Normalizing for Quantity --  |g 5.5.  |t Normalizing for Inflation --  |g 5.6.  |t DoD Appropriations and Background --  |g 5.7.  |t Constant Year Dollars (CY$) --  |g 5.8.  |t Base Year Dollars (BY$) --  |g 5.9.  |t DoD Inflation Indices --  |g 5.10.  |t Then Year Dollars (TY$) --  |g 5.11.  |t Using the Joint Inflation Calculator (JIC) --  |g 5.12.  |t Expenditure (Outlay) Profile --  |t Summary --  |t References --  |t Applications and Questions --  |g 6.  |t Statistics for Cost Estimators --  |g 6.1.  |t Introduction --  |g 6.2.  |t Background to Statistics --  |g 6.3.  |t Margin of Error --  |g 6.4.  |t Taking a Sample --  |g 6.5.  |t Measures of Central Tendency --  |g 6.6.  |t Dispersion Statistics --  |g 6.7.  |t Coefficient of Variation --  |t Summary --  |t References --  |t General Reference --  |t Applications and Questions --  |g 7.  |t Linear Regression Analysis --  |g 7.1.  |t Introduction --  |g 7.2.  |t Home Buying Example --  |g 7.3.  |t Regression Background and Nomenclature --  |g 7.4.  |t Evaluating a Regression --  |g 7.5.  |t Standard Error (SE) --  |g 7.6.  |t Coefficient of Variation (CV) --  |g 7.7.  |t Analysis of Variance (ANOVA) --  |g 7.8.  |t Coefficient of Determination (R2) --  |g 7.9.  |t F-Statistic and t-Statistics --  |g 7.10.  |t Regression Hierarchy --  |g 7.11.  |t Staying Within the Range of Your Data --  |g 7.12.  |t Treatment of Outliers --  |g 7.12.1.  |t Handling Outliers with Respect to X (The Independent Variable Data) --  |g 7.12.2.  |t Handling Outliers with Respect to Y (The Dependent Variable Data) --  |g 7.13.  |t Residual Analysis --  |g 7.14.  |t Assumptions of Ordinary Least Squares (OLS) Regression --  |t Summary --  |t Reference --  |t Applications and Questions --  |g 8.  |t Multi-Variable Linear Regression Analysis --  |g 8.1.  |t Introduction --  |g 8.2.  |t Background of Multi-Variable Linear Regression --  |g 8.3.  |t Home Prices --  |g 8.4.  |t Multi-Collinearity (MC) --  |g 8.5.  |t Detecting Multi-Collinearity (MC), Method #1: Widely Varying Regression Slope Coefficients --  |g 8.6.  |t Detecting Multi-Collinearity, Method #2: Correlation Matrix --  |g 8.7.  |t Multi-Collinearity Example #1: Home Prices --  |g 8.8.  |t Determining Statistical Relationships between Independent Variables --  |g 8.9.  |t Multi-Collinearity Example #2: Weapon Systems --  |g 8.10.  |t Conclusions of Multi-Collinearity --  |g 8.11.  |t Multi-Variable Regression Guidelines --  |t Summary --  |t Applications and Questions --  |g 9.  |t Intrinsically Linear Regression --  |g 9.1.  |t Introduction --  |g 9.2.  |t Background of Intrinsically Linear Regression --  |g 9.3.  |t Multiplicative Model --  |g 9.4.  |t Data Transformation --  |g 9.5.  |t Interpreting the Regression Results --  |t Summary --  |t Reference --  |t Applications and Questions --  |g 10.  |t Learning Curves: Unit Theory --  |g 10.1.  |t Introduction --  |g 10.2.  |t Learning Curve, Scenario #1 --  |g 10.3.  |t Cumulative Average Theory Overview --  |g 10.4.  |t Unit Theory Overview --  |g 10.5.  |t Unit Theory --  |g 10.6.  |t Estimating Lot Costs --  |g 10.7.  |t Fitting a Curve Using Lot Data --  |g 10.7.1.  |t Lot Midpoint --  |g 10.7.2.  |t Average Unit Cost (AUC) --  |g 10.8.  |t Unit Theory, Final Example (Example 10.5) --  |g 10.9.  |t Alternative LMP and Lot Cost Calculations --  |t Summary --  |t References --  |t Applications and Questions --  |g 11.  |t Learning Curves: Cumulative Average Theory --  |g 11.1.  |t Introduction --  |g 11.2.  |t Background of Cumulative Average Theory (CAT) --  |g 11.3.  |t Cumulative Average Theory --  |g 11.4.  |t Estimating Lot Costs --  |g 11.5.  |t Cumulative Average Theory, Final Example --  |g 11.6.  |t Unit Theory vs. 
505 0 0 |t Cumulative Average Theory --  |g 11.6.1.  |t Learning Curve Selection --  |t Summary --  |t Applications and Questions --  |g 12.  |t Learning curves: production Breaks/Lost Learning --  |g 12.1.  |t Introduction --  |g 12.2.  |t Lost Learning Process --  |g 12.3.  |t Production Break Scenario --  |g 12.4.  |t Anderlohr Method --  |g 12.5.  |t Production Breaks Example --  |g 12.6.  |t Retrograde Method, Example 12.1 (Part 2) --  |t Summary --  |t References --  |t Applications and Questions --  |g 13.  |t Wrap Rates and Step-Down Functions --  |g 13.1.  |t Introduction --  |g 13.2.  |t Wrap Rate Overview --  |g 13.3.  |t Wrap Rate Components --  |g 13.3.1.  |t Direct Labor Rate --  |g 13.3.2.  |t Overhead Rate --  |g 13.3.3.  |t Other Costs --  |g 13.4.  |t Wrap Rate, Final Example (Example 13.2) --  |g 13.5.  |t Summary of Wrap Rates --  |g 13.6.  |t Introduction to Step-Down Functions --  |g 13.7.  |t Step-Down Function Theory --  |g 13.8.  |t Step-Down Function Example 13.1 --  |g 13.9.  |t Summary of Step-Down Functions --  |t Reference --  |t Applications and Questions --  |g 14.  |t Cost Factors and the Analogy Technique --  |g 14.1.  |t Introduction --  |g 14.2.  |t Cost Factors Scenario --  |g 14.3.  |t Cost Factors --  |g 14.4.  |t Which Factor to Use? --  |g 14.5.  |t Cost Factors Handbooks --  |g 14.6.  |t Unified Facilities Criteria (UFC) --  |g 14.7.  |t Summary of Cost Factors --  |g 14.8.  |t Introduction to the Analogy Technique --  |g 14.9.  |t Background of Analogy --  |g 14.10.  |t Methodology --  |g 14.11.  |t Example 14.1, Part 1: The Historical WBS --  |g 14.12.  |t Example 14.1, Part 2: The New WBS --  |g 14.13.  |t Summary of the Analogy Technique --  |t Reference --  |t Applications and Questions --  |g 15.  |t Software Cost Estimation --  |g 15.1.  |t Introduction --  |g 15.2.  |t Background on Software Cost Estimation --  |g 15.3.  |t What is Software? --  |g 15.4.  |t WBS Elements in a typical Software Cost Estimating Task --  |g 15.5.  |t Software Costing Characteristics and Concerns --  |g 15.6.  |t Measuring Software Size: Source Lines of Code (SLOC) and Function Points (FP) --  |g 15.6.1.  |t Source Lines of Code: (SLOC) --  |g 15.6.2.  |t Function Point (FP) Analysis --  |g 15.7.  |t Software Cost Estimating Process --  |g 15.8.  |t Problems with Software Cost Estimating: Cost Growth --  |g 15.9.  |t Commercial Software Availability --  |g 15.9.1.  |t COTS in the Software Environment --  |g 15.10.  |t Post Development Software Maintenance Costs --  |t Summary --  |t References --  |g 16.  |t Cost Benefit Analysis and Risk and Uncertainty --  |g 16.1.  |t Introduction --  |g 16.2.  |t Cost Benefit Analysis (CBA) and Net Present Value (NPV) Overview --  |g 16.3.  |t Time Value of Money --  |g 16.4.  |t Example 16.1. Net Present Value --  |g 16.5.  |t Risk and Uncertainly Overview --  |g 16.6.  |t Considerations for Handling Risk and Uncertainty --  |g 16.7.  |t How do the Uncertainties Affect our Estimate? --  |g 16.8.  |t Cumulative Cost and Monte Carlo Simulation --  |g 16.9.  |t Suggested Resources on Risk and Uncertainty Analysis --  |t Summary --  |t References --  |t Applications and Questions --  |g 17.  |t Epilogue: The Field of Cost Estimating and Analysis. 
520 |a "Provides a step-by-step introduction to the need for cost estimation, the various applications, and the available resources for obtaining relevant data"--  |c Provided by publisher 
588 0 |a Print version record and CIP data provided by publisher. 
590 |a ProQuest Ebook Central  |b Ebook Central College Complete 
650 0 |a Costs, Industrial  |x Estimates. 
650 0 |a Production management. 
700 1 |a Nussbaum, Daniel A.,  |d 1943- 
758 |i has work:  |a Cost estimation (Text)  |1 https://id.oclc.org/worldcat/entity/E39PCGJJyQ7pbcPgK7t6pthdkP  |4 https://id.oclc.org/worldcat/ontology/hasWork 
776 0 8 |i Print version:  |a Mislick, Gregory K.  |t Cost estimation.  |d Hoboken : Wiley, 2015  |z 9781118536131  |w (DLC) 2014043910 
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