Impossible Certainty: Cost Risk Analysis for Air Force Systems

by Mark V. Arena

Cost analysts must predict-sometimes very far-into the future how much money the military will spend on weapon systems. But these analysts do not have perfect knowledge about tomorrow's technology, economic conditions, or any other future event. This book looks at how estimates for future weapon systems can be more realistic than in the past and how cost uncertainty analyses can be more comprehensive and informative.

192 pages, Paperback

First published May 30, 2006