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Cost/schedule Control Systems Criteria Under Inflation

Foad Farid
Cost/schedule Control Systems Criteria Under Inflation by Foad Farid PDF

Author : Foad Farid
Publisher :
Page : 7 pages
File Size : 15,97 MB
Release : 1988
Category : Control Schedule
ISBN :

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In response to the difficulties of implementing PERT/Cost, the United States Department of Defense released its widely cited 1967 Instruction DODI 7000.2, Performance Measurement for Selected Acquisitions, a publication which included an accompanying document outlining the procedures for cost performance monitoring, a document that the DOD requires all of their contractors to use and follow, a document known as Cost/Schedule Control Systems Criteria (C/SCSC). This article examines C/SCSC in relation to PERT/Cost and its key criteria-- work breakdown structure (WBS) and earned value. In doing so, it describes the ways to use C/SCS when working in deflationary and inflationary environments. It identifies the six functions that a contractor's control system should allow a project manager to perform and details the key C/SCS variances that project managers should monitor, variances that include cost, accounting, schedule, and at-completion. It also outlines the performance ratios that enable project managers to understand project status in relative terms, ratios that include cost-performance, schedule-performance, and completed work. It then details two additional variances--inflation and expenditure--for gauging C/SCSC under inflationary conditions and for understanding the deflated cost of work performed (DCWP). It explains how to develop a DCWP curve and analyzes the variances and ratios of a hypothetical project.

Code of Federal Regulations

Code of Federal Regulations by PDF

Author :
Publisher :
Page : 340 pages
File Size : 38,89 MB
Release : 1996
Category : Administrative law
ISBN :

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Special edition of the Federal Register, containing a codification of documents of general applicability and future effect ... with ancillaries.

DCAA Contract Audit Manual

United States. Defense Contract Audit Agency
DCAA Contract Audit Manual by United States. Defense Contract Audit Agency PDF

Author : United States. Defense Contract Audit Agency
Publisher :
Page : 976 pages
File Size : 34,44 MB
Release : 1992
Category : Defense contracts
ISBN :

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