GAO Cost Estimating and Assessment Guide

GAO Cost Estimating and Assessment Guide PDF Author: Barry Leonard
Publisher: DIANE Publishing
ISBN: 143791702X
Category :
Languages : en
Pages : 438

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Book Description
To use public funds effectively, the gov¿t. must meet the demands of today's changing world by employing effective mgmt. practices and processes, including the measurement of gov¿t. program performance. Legislators, gov¿t. officials, and the public want to know whether gov¿t. 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. gov¿t. for developing, managing, and evaluating capital program cost estimates. Illustrations.

GAO Cost Estimating and Assessment Guide

GAO Cost Estimating and Assessment Guide PDF Author: Barry Leonard
Publisher: DIANE Publishing
ISBN: 143791702X
Category :
Languages : en
Pages : 438

Get Book Here

Book Description
To use public funds effectively, the gov¿t. must meet the demands of today's changing world by employing effective mgmt. practices and processes, including the measurement of gov¿t. program performance. Legislators, gov¿t. officials, and the public want to know whether gov¿t. 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. gov¿t. for developing, managing, and evaluating capital program cost estimates. Illustrations.

GAO Cost Estimating and Assessment Guide

GAO Cost Estimating and Assessment Guide PDF Author: United States. Government Accountability Office
Publisher:
ISBN: 9780160827365
Category : Administrative agencies
Languages : en
Pages : 420

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Book Description
The U.S. Government Accountability Office is responsible for, among other things, assisting the Congress in its oversight of the federal government, including agencies' stewardship of public funds. To use public funds effectively, the government must meet the demands of today's changing world by employing effective management practices and processes, including the measurement of government program performance. In addition, legislators, government officials, and the public want to know whether government programs are achieving their goals and what their costs are. To make those evaluations, reliable cost information is required and federal standards have been issued for the cost accounting that is needed to prepare that information. We developed the Cost Guide in order to establish a consistent methodology that is based on best practices and that can be used across the federal government for developing, managing, and evaluating capital program cost estimates.

2020 Cost Estimating and Assessment Guide

2020 Cost Estimating and Assessment Guide PDF Author: Government Accountability Office
Publisher:
ISBN:
Category :
Languages : en
Pages : 520

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Book Description
GAO-20-195G MARCH 2020 Cost Estimating and Assessment Guide ACCESSIBLE VERSION developed this Guide to establish a consistent methodology based on best practices that can be used across the federal government for developing, managing, and evaluating program cost estimates. The Cost Estimating and Assessment Guide presents the best practices associated with developing a reliable, high-quality cost estimate and the best practices associated with effective management of program costs using earned value management (EVM). Use of these best practices should enable government programs to better estimate and manage their costs to improve program management and execution. Why buy a book you can download for free? We print the paperback book so you don't have to. First you gotta find a good clean (legible) copy and make sure it's the latest version (not always easy). Some documents found on the web are missing some pages or the image quality is so poor, they are difficult to read. If you find a good copy, you could print it using a network printer you share with 100 other people (typically its either out of paper or toner). If it's just a 10-page document, no problem, but if it's 250-pages, you will need to punch 3 holes in all those pages and put it in a 3-ring binder. Takes at least an hour. It's much more cost-effective to just order the bound paperback from Amazon.com We include a Table of Contents on the back cover for quick reference. We print these paperbacks as a service so you don't have to. The books are compact, tightly-bound paperback, full-size (8 1/2 by 11 inches), with large text and glossy covers. 4th Watch Publishing Co. is a SDVOSB. https: //usgovpub.com

GAO Cost Estimating and Assessment Guide :.

GAO Cost Estimating and Assessment Guide :. PDF Author: United States. Government Accountability Office
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description


GAO Cost Estimating and Assessment Guide

GAO Cost Estimating and Assessment Guide PDF Author: United States. Government Accountability Office
Publisher: Government Printing Office
ISBN: 9780160827365
Category : Business & Economics
Languages : en
Pages : 420

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Book Description
The U.S. Government Accountability Office is responsible for, among other things, assisting the Congress in its oversight of the federal government, including agencies' stewardship of public funds. To use public funds effectively, the government must meet the demands of today's changing world by employing effective management practices and processes, including the measurement of government program performance. In addition, legislators, government officials, and the public want to know whether government programs are achieving their goals and what their costs are. To make those evaluations, reliable cost information is required and federal standards have been issued for the cost accounting that is needed to prepare that information. We developed the Cost Guide in order to establish a consistent methodology that is based on best practices and that can be used across the federal government for developing, managing, and evaluating capital program cost estimates.

Gao Schedule Assessment Guide

Gao Schedule Assessment Guide PDF Author: Government Accountability Government Accountability Office
Publisher: Createspace Independent Publishing Platform
ISBN: 9781721856015
Category :
Languages : en
Pages : 242

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Book Description
GAO-16-89G December 2015 This schedule guide is a companion to the Cost Estimating and Assessment Guide (GAO-09-3SP). A cost estimate cannot be considered credible if it does not account for the cost effects of schedule slippage. An effective methodology for developing, managing, and evaluating capital program cost estimates includes the concept of scheduling the necessary work to a timeline, as discussed in the Cost Guide. Typically, schedule variances are followed by cost variances and management tends to respond to schedule delays by adding more resources or authorizing overtime. Therefore, a reliable schedule can contribute to an understanding of the cost impact if the program does not finish on time. Further, a schedule risk analysis allows for program management to account for the cost effects of schedule slippage when developing the life-cycle cost estimate.Having managed many construction projects over the years in the U.S., Europe and the Middle East, I can tell you that without a good (reasonable) schedule, a project cannot stay within budget. Budget is more important than schedule as far as I am concerned but without a well thought out schedule, the budget will be busted. Schedule slippage is bound to happen on any project due to unforeseen circumstances such as weather and politics, but I have a problem with circumstances that should have been foreseen. As a manager of project managers, I always took the approach that if something goes wrong, it is the Project Manager's fault. Many PMs working for me over the years felt this was unfair, but that's how it is. If there is a delay, the PM should have anticipated that and figured out a work-around. I don't give bonuses to projects that are behind schedule. I recommend you do the same. They will get over it. Why buy a book you can download for free? We print this book so you don't have to. First you gotta find a good clean (legible) copy and make sure it's the latest version (not always easy). Some documents found on the web are missing some pages or the image quality is so poor, they are difficult to read. We look over each document carefully and replace poor quality images by going back to the original source document. We proof each document to make sure it's all there - including all changes. If you find a good copy, you could print it using a network printer you share with 100 other people (typically its either out of paper or toner). If it's just a 10-page document, no problem, but if it's 250-pages, you will need to punch 3 holes in all those pages and put it in a 3-ring binder. Takes at least an hour. It's much more cost-effective to just order the latest version from Amazon.com This book includes original commentary which is copyright material. Note that government documents are in the public domain. We print these large documents as a service so you don't have to. The books are compact, tightly-bound, full-size (8 1⁄2 by 11 inches), with large text and glossy covers. 4th Watch Publishing Co. is a SDVOSB. If you like the service we provide, please leave positive review on Amazon.com. Without positive feedback from the community, we may discontinue the service and y'all can go back to printing these books manually yourselves. www.usgovpub.com

Cost Estimating and Assessment Guide

Cost Estimating and Assessment Guide PDF Author: Government Accountability Government Accountability Office
Publisher: Createspace Independent Publishing Platform
ISBN: 9781721854615
Category :
Languages : en
Pages : 442

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Book Description
GAO-09-3SP March 2009 Best Practices for Developing and Managing Capital Program Costs The ability to generate reliable cost estimates is a critical function, necessary to support the Office of Management and Budget's (OMB) capital programming process. Without this ability, agencies are at risk of experiencing cost overruns, missed deadlines, and performance shortfalls-all recurring problems that our program assessments too often reveal. Furthermore, cost increases often mean that the government cannot fund as many programs as intended or deliver them when promised. The methodology outlined in this guide is a compilation of best practices that federal cost estimating organizations and industry use to develop and maintain reliable cost estimates throughout the life of a government acquisition program. By default, the guide will also serve as a guiding principle for our auditors to evaluate the economy, efficiency, and effectiveness of government programs. Why buy a book you can download for free? We print this book so you don't have to. First you gotta find a good clean (legible) copy and make sure it's the latest version (not always easy). Some documents found on the web are missing some pages or the image quality is so poor, they are difficult to read. We look over each document carefully and replace poor quality images by going back to the original source document. We proof each document to make sure it's all there - including all changes. If you find a good copy, you could print it using a network printer you share with 100 other people (typically its either out of paper or toner). If it's just a 10-page document, no problem, but if it's 250-pages, you will need to punch 3 holes in all those pages and put it in a 3-ring binder. Takes at least an hour. It's much more cost-effective to just order the latest version from Amazon.com This book includes original commentary which is copyright material. Note that government documents are in the public domain. We print these large documents as a service so you don't have to. The books are compact, tightly-bound, full-size (8 1⁄2 by 11 inches), with large text and glossy covers. 4th Watch Publishing Co. is a SDVOSB. If you like the service we provide, please leave positive review on Amazon.com. Without positive feedback from the community, we may discontinue the service and y'all can go back to printing these books manually yourselves. www.usgovpub.com

GAO Schedule Assessment Guide

GAO Schedule Assessment Guide PDF Author:
Publisher:
ISBN:
Category : Administrative agencies
Languages : en
Pages : 0

Get Book Here

Book Description
The U.S. Government Accountability Office is responsible for, among other things, assisting the Congress in its oversight of the federal government, including agencies' stewardship of public funds. To use public funds effectively, the government must meet the demands of today's changing world by employing effective management practices and processes, including the measurement of government program performance. In addition, legislators, government officials, and the public want to know whether government programs are achieving their goals and what their costs are. Toward these objectives, In March 2009, we published the GAO Cost Estimating and Assessment Guide as a consistent methodology based on best practices that can be used across the federal government to develop, manage, and evaluate capital program cost estimates. The methodology outlined in the Cost Estimating and Assessment Guide is a compilation of best practices that federal cost estimating organizations and industry use to develop and maintain reliable cost estimates throughout the life of an acquisition program. This schedule guide is a companion to the Cost Guide. A consistent methodology for developing, managing, and evaluating capital program cost estimates includes the concept of scheduling the necessary work to a timeline, as discussed in the Cost Guide. Simply put, schedule variances are usually followed by cost variances. Because some program costs such as labor, supervision, rented equipment, and facilities cost more if the program takes longer, a reliable schedule can contribute to an understanding of the cost impact if the program does not finish on time. In addition, management tends to respond to schedule delays by adding more resources or authorizing overtime. Further, a schedule risk analysis allows for program management to account for the cost effects of schedule slippage when developing the life-cycle cost estimate. A cost estimate cannot be considered credible if it does not account for the cost effects of schedule slippage.

Cost Estimating and Assessment Guide: Best Practices for Developing and Managing Program Costs (705312)

Cost Estimating and Assessment Guide: Best Practices for Developing and Managing Program Costs (705312) PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description


Cost Estimation

Cost Estimation PDF Author: Gregory K. Mislick
Publisher: John Wiley & Sons
ISBN: 1118536134
Category : Business & Economics
Languages : en
Pages : 356

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Book Description
Presents an accessible approach to the cost estimation tools, concepts, and techniques needed to support analytical and cost decisions Written with an easy-to-understand approach, Cost Estimation: Methods and Tools provides comprehensive coverage of the quantitative techniques needed by professional cost estimators and for those wanting to learn about this vibrant career field. Featuring the underlying mathematical and analytical principles of cost estimation, the book focuses on the tools and methods used to predict the research and development, production, and operating and support costs for successful cost estimation in industrial, business, and manufacturing processes. The book begins with a detailed historical perspective and key terms of the cost estimating field in order to develop the necessary background prior to implementing the presented quantitative methods. The book proceeds to fundamental cost estimation methods utilized in the field of cost estimation, including working with inflation indices, regression analysis, learning curves, analogies, cost factors, and wrap rates. With a step-by-step introduction to the practicality of cost estimation and the available resources for obtaining relevant data, Cost Estimation: Methods and Tools also features: Various cost estimating tools, concepts, and techniques needed to support business decisions Multiple questions at the end of each chapter to help readers obtain a deeper understanding of the discussed methods and techniques An overview of the software used in cost estimation, as well as an introduction to the application of risk and uncertainty analysis A Foreword from Dr. Douglas A. Brook, a professor in the Graduate School of Business and Public Policy at the Naval Postgraduate School, who spent many years working in the Department of Defense acquisition environment Cost Estimation: Methods and Tools is an excellent reference for academics and practitioners in decision science, operations research, operations management, business, and systems and industrial engineering, as well as a useful guide in support of professional cost estimation training and certification courses for practitioners. The book is also appropriate for graduate-level courses in operations research, operations management, engineering economics, and manufacturing and/or production processes.