Cost Estimating Risk and Cost Estimating Uncertainty Guidelines

The Memorandum of Agreement signed by the Assistant Secretaries of the Navy for Research, Development, and Acquisition (ASN[RD&A]) and for Financial Management and Comptroller (FM&C) in June 1996 committed the Naval Center for Cost Analysis (NCCA) to improve cost analyses by helping program managers prepare better cost estimates. Recent computing advances make development of meaningful risk and uncertainty analyses easier, and these analyses can help managers do their job better.

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