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Cost estimation

The birth of independent government cost estimation

June 3, 2021 Eric Lofgren 0

Since the basic ingredients of the cost analysis concept being promoted were (1) independence from program proponent pressures and (2) use of historical, parametric relationships, […]

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New DoD cost estimating guide fails to address the problems facing the cost community

February 23, 2021 Eric Lofgren 2

“No one can predict the future” is an often-used cliché, and yet this is what the DoD asks its cost estimating community to do every […]

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Congressional view of oversight and transparency needs an overhaul

December 24, 2020 Eric Lofgren 2

I think this provides some color as to why the Air Force’s top priority programs are being cut by congressional appropriators from $302 to $158 […]

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When should cost-effectiveness studies start?

February 21, 2020 Eric Lofgren 0

… you can’t apply cost effectiveness to really basic research. Otherwise you never would discover new genes in biology for example if you had to […]

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How should cost estimators respond to rapid acquisition?

January 7, 2020 Eric Lofgren 0

As the Department of Defense keeps up the pressure on rapid acquisition, all functional areas are wondering how they can best support the policies. Cost […]

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How the CBO estimates the cost of submarines

July 15, 2019 Eric Lofgren 0

To estimate the cost of those future submarines, CBO used data for the ships’ closest analogue—the Virginia class submarines that had already been built. From […]

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