OA4702 Cost Estimation

This course provides a broad-based understanding of the cost analysis activities involved in the acquisition and support of DoD weapon systems. In addition, it introduces Operations Research techniques fundamental to the field of cost estimation. The course covers the Defense Systems Acquisition Process, Time Value of Money, and Economic Analysis; it develops, uses and analyzes estimating techniques commonly encountered in both the DoD and industry, including statistical and non-statistical cost estimating relationships, inflation indices, cost improvement curves, time phasing and uncertainty analysis. Prerequisites: None.

Lecture Hours

4

Lab Hours

0

Quarter Offered

  • Winter
  • Summer