GAO Cost Estimating and Assessment Guide

GAO Cost Estimating and Assessment Guide

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To use public funds effectively, the govAit. must meet the demands of today's changing world by employing effective mgmt. practices and processes, including the measurement of govAit. program performance. Legislators, govAit. officials, and the public want to know whether govAit. programs are achieving their goals and what their costs are. To make those evaluations, reliable cost information is required and fed. standards have been issued for the cost accounting that is needed to prepare that information. This Cost Guide has been developed in order to establish a consistent methodology that is based on best practices and that can be used across the fed. govAit. for developing, managing, and evaluating capital program cost estimates. Illustrations.Best Practices for Developing and Managing Capital Program Costs Barry Leonard ... WBS to logically sum the lower-level elements that support the measuring of cost, schedule, and technical analysis in an EVM system. ... These relationships are illustrated in figure 10, which depicts a very simple automobile system WBS.

Title:GAO Cost Estimating and Assessment Guide
Author:Barry Leonard
Publisher:DIANE Publishing - 2009-11


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