Accession Number:

AD1007905

Title:

Cost Overrun Optimism: Fact or Fiction

Descriptive Note:

Journal Article

Corporate Author:

Defense Acquisition University Fort Belvoir United States

Personal Author(s):

Report Date:

2016-02-29

Pagination or Media Count:

18.0

Abstract:

The purpose of this study was to determine if the overruns at completion projected by contractor and government personnel are unrealistically optimistic. Research has established that, once a contract is 15 percent complete, the final cost overrun will exceed the cost overrun to date W. Abba,personal communication, 1992 Christensen, 1989 Heise, 1991 Wilson,1991. Thus, a projected overrun at completion is defined as unrealistically optimistic if it is less than the present cost overrun.

Subject Categories:

Distribution Statement:

APPROVED FOR PUBLIC RELEASE