How Long to Read Sources of Weapon System Cost Growth

By Joseph George Bolten

How Long Does it Take to Read Sources of Weapon System Cost Growth?

It takes the average reader 2 hours and 1 minute to read Sources of Weapon System Cost Growth by Joseph George Bolten

Assuming a reading speed of 250 words per minute. Learn more

Description

"Previous studies have shown that the Department of Defense (DoD) and the military departments have historically underestimated the cost of new weapon systems. Quantifying cost growth is important, but the larger issue is why cost growth occurs. To address the question of causality, this analysis uses data from Selected Acquisition Reports to examine 35 mature, but not necessarily complete, major defense acquisition programs similar to the type and complexity of those typically managed by the Air Force. The programs are first examined as a complete set, then Air Force and non-Air Force programs are analyzed separately to determine whether the causes of cost growth in the two groups differ. Four major sources of cost growth were identified: (1) errors in estimation and scheduling, (2) decisions made by the government, (3) financial matters, and (4) miscellaneous sources. Total (development plus procurement) cost growth, when calculated as simple averages, is dominated by decisions, which account for more than two-thirds of the growth. Most decisions-related cost growth involves quantity changes (22 percent), requirements growth (13 percent), and schedule changes (9 percent). Cost estimation (10 percent) is the only large contributor in the errors category. Less than 4 percent of the overall cost growth is due to financial and miscellaneous causes. Because decisions involving changes in requirements, quantities, and production schedules dominate cost growth, program managers, service leadership, and Congress should look for ways to reduce changes in these areas while providing the right capabilities to the warfighter."--BOOK JACKET.

How long is Sources of Weapon System Cost Growth?

Sources of Weapon System Cost Growth by Joseph George Bolten is 118 pages long, and a total of 30,444 words.

This makes it 40% the length of the average book. It also has 37% more words than the average book.

How Long Does it Take to Read Sources of Weapon System Cost Growth Aloud?

The average oral reading speed is 183 words per minute. This means it takes 2 hours and 46 minutes to read Sources of Weapon System Cost Growth aloud.

What Reading Level is Sources of Weapon System Cost Growth?

Sources of Weapon System Cost Growth is suitable for students ages 10 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Sources of Weapon System Cost Growth?

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