Dynamic Cost Risk Assessment for Controlling the Cost of Naval Vessels

Report Number: NPS-AM-08-038

Series: Acquisition Management

Category: Costing

Report Series: Proceedings Paper

Authors: Edouard Kujawski, Diana Angelis

Title: Dynamic Cost Risk Assessment for Controlling the Cost of Naval Vessels

Published: 2008-04-01

Sponsored By: Acquisition Research Program

Status: Published--Unlimited Distribution

Research Type: NPS Faculty

Full Text URL: http://acquisitionresearch.net/files/FY2008/NPS-AM-08-038.pdf

Keywords: Probabilistic Cost Risk Analysis (PCRA), Risk Reduction Activities (RRA), Planning, Programmatic, Budgeting, and Execution System (PPBES)

Abstract:

Naval vessels, like most large-capital projects, have a long history of cost growth. To get a handle on this problem, NAVSEA