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Pros, Cons, and Alternatives to Weight Based Cost EstimatingMany cost estimating tools use weight as a major parameter in projecting the cost. This is often combined with modifying factors such as complexity, technical maturity of design, environment of operation, etc. to increase the fidelity of the estimate. For a set of conceptual designs, all meeting the same requirements, increased weight can be a major driver in increased cost. However, once a design is fixed, increased weight generally decreases cost, while decreased weight generally increases cost - and the relationship is not linear. Alternative approaches to estimating cost without using weight (except perhaps for materials costs) have been attempted to try to produce a tool usable throughout the design process - from concept studies through development. This paper will address the pros and cons of using weight based models for cost estimating, using liquid rocket engines as the example. It will then examine approaches that minimize the imp~ct of weight based cost estimating. The Rocket Engine- Cost Model (RECM) is an attribute based model developed internally by Pratt & Whitney Rocketdyne for NASA. RECM will be presented primarily to show a successful method to use design and programmatic parameters instead of weight to estimate both design and development costs and production costs. An operations model developed by KSC, the Launch and Landing Effects Ground Operations model (LLEGO), will also be discussed.
Document ID
20110014954
Acquisition Source
Kennedy Space Center
Document Type
Conference Paper
Authors
Joyner, Claude R.
(Pratt and Whitney Rocketdyne West Palm Beach, FL, United States)
Lauriem, Jonathan R.
(Pratt and Whitney Rocketdyne Canoga Park, CA, United States)
Levack, Daniel H.
(Pratt and Whitney Rocketdyne Canoga Park, CA, United States)
Zapata, Edgar
(NASA Kennedy Space Center Cocoa Beach, FL, United States)
Date Acquired
August 25, 2013
Publication Date
July 31, 2011
Subject Category
Economics And Cost Analysis
Report/Patent Number
KSC-2011-177
Meeting Information
Meeting: 47111 AlAA/ASME/SAE/ASEE Joint Propulsion Conference
Location: San Diego, CA
Country: United States
Start Date: July 31, 2011
End Date: August 3, 2011
Sponsors: American Inst. of Aeronautics and Astronautics, Society of Automotive Engineers, Inc., American Society for Electrical Engineers, American Society of Mechanical Engineers
Distribution Limits
Public
Copyright
Public Use Permitted.
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