Showing papers on "Cost overrun published in 1971"
01 Jun 1971
TL;DR: In this paper, a system approach is used to view the process by which the Department of Defense acquires and modifies its major weapon systems and focuses on the program cost outcomes of this procurement process.
Abstract: : A systems approach is used to view the process by which the Department of Defense acquires and modifies its major weapon systems. Attention is focused on the program cost outcomes of this procurement process. The research seeks out the causes of why the final cost of a defense program or contract differs from earlier estimates. The evolution of the term cost overrun into cost growth is traced. Systems diagramming is used to develop a model of the procurement process. The model demonstrates the multiplicity of relationships affecting defense programs.