Title :
A Model for Planning Study-Type Contracts
Author :
White, D.R.J. ; Hickey, T.J.
Author_Institution :
Frederick Research Corp. West Wheaton, Md.
Abstract :
A decision regarding the best scope and depth of effort is often difficult to make in writing proposals for study contracts. A model is presented for systematizing this decision making. The factors considered include: contract price, various components of cost, and profit. A ``potential performance capability´´ is defined, and its use is illustrated. An example of the suggested method of analysis is given.
Keywords :
Contracts; Costs; Decision making; Government; Laboratories; Project management; Proposals; Senior members; Standardization; Writing;
Journal_Title :
Engineering Management, IRE Transactions on
DOI :
10.1109/IRET-EM.1960.5007553