Hostname: page-component-cd9895bd7-q99xh Total loading time: 0 Render date: 2024-12-29T14:59:48.207Z Has data issue: false hasContentIssue false
  • English
  • Français

Aerospace cost prediction—the way ahead

Published online by Cambridge University Press:  04 July 2016

J. E. A. Harrison
Get access Rights & Permissions [Opens in a new window]

Extract

In the following paper I shall discuss briefly the past history of aerospace cost prediction for budgetary purposes within government, the position which it has now reached and some of the problems which lie ahead. Some of the paper will be philosophical, but I make no apology for that. It is all too easy to become involved in detailed discussions of statistics, operating procedures and the like and to lose sight of the objectives of cost predictions and the major uncertainties surrounding all attempts to forecast the future.

Type
Research Article
Information
The Aeronautical Journal , Volume 81 , Issue 797 , May 1977 , pp. 213 - 219
Copyright
Copyright © Royal Aeronautical Society 1977 

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

1. St. Luke, , Chapter 14, Verses 28-30.Google Scholar
2. Shakespeare, W. King Henry IV, Part 2.Google Scholar
3. Gibbon, Edward.The History of the Decline and Fall of the Roman Empire (Chapter 2).Google Scholar
4. Flax, Dr. A. H. Aeronautics—a study in technological andeconomicgrowthandform. TheAeronautical Journal, December 1974.Google Scholar
5. Merrett, A. J. and Sykes, A. The Finance and Analysis of Capital Projects. Longmans, 2nd edition, 1973.Google Scholar
6. Defcon Guide No 1. The Planning and Cost ManagementofMajorDevelopmentContracts.Ministryof Defence (Procurement Executive), August 1975.Google Scholar