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Dynamic cost risk estimation and budget misspecificationCost 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.
Document ID
20060029236
Acquisition Source
Jet Propulsion Laboratory
Document Type
Conference Paper
External Source(s)
Authors
Ebbeler, D. H.
Fox, G.
Habib-Agahi, H.
Date Acquired
August 23, 2013
Publication Date
September 23, 2003
Distribution Limits
Public
Copyright
Other
Keywords
cost risk random walk Monte Carlo simulation principal-agent

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