Author : LITTLE (ARTHUR D) INC CAMBRIDGE MA.
Publisher :
Page : 65 pages
File Size : 47,58 MB
Release : 1984
Category :
ISBN :
Since 1967, the DOD has required its contractors to have cost and schedule performance measurement systems that satisfy certain criteria. These criteria are considered necessary to monitor and control contract performance. Specifically, the objectives of the criteria are for contractors to have cost and schedule control systems which accomplish both of the following: are effective for contractors in meeting their requirements for controlling contract performance; and Provide data which give an adequate basis for responsible decision-making by both contractor management and DoD components. The criteria, known as the Cost/Schedule Control Systems Criteria (C/SCSC), are applicable to selected contracts within programs designated as major system acquisitions. Over the years since 1967, controversies surrounding C/SCSC and associated reporting requirements have existed within industry and government. These controversies or issues can be categorized under two headings: (1) whether the costs of the criteria and associated reporting requirements outweigh their benefits, and (2) concerns about the specifies of how these requirements have been implemented.