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

Dorey, Sean

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

Sinossi

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.

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Editore
LIGHTNING SOURCE INC
Data di pubblicazione
2012
Lingua
Inglese
ISBN 10 
1288294379
ISBN 13 
9781288294374
Rilegatura
Copertina flessibile
Numero di pagine
68
Contatto del produttore
non disponibile
Persona responsabile
non disponibile

Altre edizioni note dello stesso titolo

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

Edizione in evidenza

ISBN 10:  1288417411 ISBN 13:  9781288417414
Casa editrice: LIGHTNING SOURCE INC, 2012
Brossura