Cost risk for new technology development is estimated by explicit stochastic processes. Monte Carlo simulation is used to propagate technology development activity budget changes during the technology development cycle.


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    Title :

    Dynamic cost risk estimation and budget misspecification


    Contributors:
    Ebbeler, D. H. (author) / Fox, G. (author) / Habib-Agahi, H. (author)

    Conference:

    AIAA Space 2003


    Publication date :

    2003-09-23


    Type of media :

    Conference paper


    Type of material :

    No indication


    Language :

    English




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