Estimating Costs using Guidelines in the U.S. Air Force’s “Cost Risk and Uncertainty Analysis Handbook”

In its 2007 Cost Risk and Uncertainty Analysis Handbook, the U.S. Air Force describes in great detail its methodology for estimating the total cost of a given system. This methodology is applied to a potential (but fictitious) missile system. Here, we have a series of 3 example models which use @RISK to build increasingly sophisticated […]