The Accuracy of Independent Estimates of the Procurement Costs of Major Systems

February, 2006
IDA document: P-3989
FFRDC: Systems and Analyses Center
Type: Documents
Division: Cost Analysis and Research Division
David L. McNicol, Karen W. Tyson, John R. Hiller, Harley A. Cloud, Joshua A. Minix See more authors
This paper reports the results of an assessment of the accuracy of the independent estimates of procurement costs the Department of Defense uses in milestone reviews of major acquisition programs. IDA initially examined 63 major programs that received authorization to begin Engineering and Manufacturing Development during the years 1985 through 1998.