Cost control requirements: estimating impact

Extract

A successful project outcome requires that the ‘right’ product, (from an overall ‘performance’ viewpoint), should be available when the market place needs it, for a price it is prepared to pay.

To satisfy ‘performance’ requirements, (in the widest sense), the task is broken down into manageable elements, and requirements/specifications are formulated. As the design/development proceeds, progress towards achievement is monitored, with eventual verification through ground and flight testing. On ‘timescale’, we develop inter-locking ‘line of balance’ programmes covering all manufacture inputs, such that the effects on total programme achievement of local gains or shortfalls can be seen.