Enhancing Cost Realism Through Risk-Driven Contracting: Designing Incentive Fees Based on Probabilistic Cost Estimates - Softcover

Dorey, Sean

 
9781288294374: Enhancing Cost Realism Through Risk-Driven Contracting: Designing Incentive Fees Based on Probabilistic Cost Estimates
Softcover
ISBN 10: 1288294379 ISBN 13: 9781288294374
Verlag: LIGHTNING SOURCE INC, 2012

Inhaltsangabe

A risk-driven contract structure is proposed to enhance the cost realism of competitive proposals for the Engineering and Manufacturing Development (EMD) phase of the acquisition lifecycle. An economic theory framework is employed to discuss how the cost-plus contracts typically used during this phase have inadvertently motivated contractors to provide optimistic cost estimates in an attempt to win competitive source selections. By directly mapping probabilistic cost estimates to profit distributions, risk-driven contracts offer a structured method to impose more cost risk sharing on contractors during EMD. Holding contractors accountable for their cost estimates and cost performance should enhance the realism of their cost proposals and ultimately reduce the cost growth that continues to plague the defense acquisition system.

Die Inhaltsangabe kann sich auf eine andere Ausgabe dieses Titels beziehen.

Verlag
LIGHTNING SOURCE INC
Erscheinungsdatum
2012
Sprache
Englisch
ISBN 10 
1288294379
ISBN 13 
9781288294374
Einband
Taschenbuch
Anzahl der Seiten
68
Kontakt zum Hersteller
Nicht verfügbar
Verantwortliche Person
preigu
mail@preigu.de

Lengericher Landstr. 19
Osnabrück
49078
Deutschland

Weitere beliebte Ausgaben desselben Titels

9781288417414: Enhancing Cost Realism Through Risk-Driven Contracting: Designing Incentive Fees Based on Probabilistic Cost Estimates

Vorgestellte Ausgabe

ISBN 10:  1288417411 ISBN 13:  9781288417414
Verlag: LIGHTNING SOURCE INC, 2012
Softcover