A Cost Performance Forecasting Concept and Model

This report identifies and illustrates the principles of a new and potentially valuable cost forecasting method. It is the objective of the technique to forecast Estimates At Completion EACs each month, utilizing data available in the Cost Performance Reports CPRs. A single sample was used as a uniform data base for comparing the consequences of various methods. These methods are the linear extrapolation of percent cumulative cost variance and unconstrained and constrained regression analysis applied to an exponential relationship.