Survey of Step 2

Process Tasks

  • Ensure the cost estimating team’s composition is commensurate with the assignment. That is,

    • The team has the proper number and mix of resources;

    • Team members are from a centralized cost estimating organization;

    • The team includes experienced and trained cost analysts;

    • The team includes, or has direct access to, analysts experienced in the program’s major areas;

    • Team members’ responsibilities are clearly defined; and

    • Team members’ experience, qualifications, certifications, and training are identified.

  • Develop a written study plan that describes the cost estimating approach and includes a schedule to complete the cost estimate.

  • Ensure the team has access to the necessary subject matter experts.

  • Ensure the team has adequate time to develop a high-quality estimate, including the time needed to conduct site visits and collect data.