Impossible Certainty: Cost Risk Analysis for Air Force Systems

Rand Corporation,Obaid Younossi,Lionel A Galway,Bernard Fox,John C Graser

Format
Paperback
Publisher
RAND
Country
United States
Published
16 January 2006
Pages
338
ISBN
9780833038630

Impossible Certainty: Cost Risk Analysis for Air Force Systems

Rand Corporation,Obaid Younossi,Lionel A Galway,Bernard Fox,John C Graser

Cost analysts must predict-sometimes very far-into the future how much money the military will spend on weapon systems. But these analysts do not have perfect knowledge about tomorrow’s technology, economic conditions, or any other future event. This book looks at how estimates for future weapon systems can be more realistic than in the past and how cost uncertainty analyses can be more comprehensive and informative.

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