Software development where Cost and Schedule are fixed but requirements are variable
What is Agile?
Estimate of the cost of remaining work.
What is EAC?
This manual is used to form the outline of an Economic Analysis.
What is the AFMAN 65-506
This allows you to trace calculations both forward and backward to assist in debugging your session.
What is the Traceback Navigator?
This technique uses regression or other statistical methods to develop Cost Estimating Relationships (CERs). A CER is an equation used to estimate a given cost element using an established relationship with one or more independent variables. The relationship may be mathematically simple or it may involve a complex equation (often derived from regression analysis of historical systems or subsystems). CERs should be current, applicable to the system or subsystem in question, and appropriate for the range of data being considered
What is Parametric
Sizing metric commonly used in Agile software development.
What is Story Points?
Near-term detailed planned activities within a Control Account.
What is Work Package?
The MIL-STD, effective April 9, 2018, shall be implemented for all MDAP and MAIS programs that meet the requirements for CSDR reporting. It contains 11 different WBS appendices, addressing Aircraft, Ships, Vehicles, Space, UAV, Common Elements etc.
What is the MIL-STD 881D
This function allows the use of selectors to pick a specific case value from a user-identified list.
What is the CASE function?
This technique is used to estimate a cost based on historical data for an analogous system or subsystem. In this technique, a currently fielded system, similar in design and operation to the proposed system, is used as a basis for the analogy. The cost of the proposed system is then estimated by adjusting the historical cost of the current system to account for differences (between the proposed and current systems). Such adjustments can be made through the use of factors (sometimes called scaling parameters) that represent differences in size, performance, technology, and/or complexity. Adjustment factors based on quantitative data are usually preferable to adjustment factors based on judgments from subject-matter experts.
What is Analogy?
In Agile, Epics are made up of Capabilities, and Capabilities are made up of this.
What is Features?
Far-term Control Account activities not yet defined into Work Packages.
What is Planning Package?
This DoDI summarizes CSDR requirements and reporting thresholds in Enclosure 1, Table 7, and describes Acquisition Category (ACAT) designations and descriptions in Enclosure 1, Table 1.
What is the DoDI 5000.02 "Operation of the Defense Acquisition System"
This is a small memory data storage area that your computer accesses instantly, rather than having to re-assess the original data from its original source, that stores POST data.
What is a cache file?
With this technique, the system being costed is broken down into lower-level components (such as parts or assemblies), each of which is costed separately for direct labor, direct material, and other costs. The use of this methodology requires extensive knowledge of a system’s (and its components’) characteristics, and lots of detailed data.
What is Bottoms-Up" or "Engineering Assessment/Estimate"
Agile’s productivity metric.
What is Velocity?
BCWP/ACWP
What is CPI?
This instruction addresses cost categories, definitions, and cost factors as they relate to general Air Force cost estimating and estimates for acquisition weapon systems. This instruction has been updated to reflect how the cost and planning factors are currently being used in Air Force cost estimating. The treatment of inflation has also been restructured to reflect the difference between inflation and real price changes (escalation).
What is the AFI 65-503
This allows you to create, review and modify all of the workscreen column entries for any row.
What is the InputAll Form?
With this technique, actual data is used to project estimates of future costs for the same system. These projections may be made at various levels of detail, depending on the availability of data.
What are Actual Costs.
Time-boxing, Value-based prioritization, Collaboration, Self-organization, Empirical Process Control, and Iterative Development are principles of this Agile framework.
What is Scrum?
Measure of efficiency needed from “time now” to achieve the cost target.
What is TCPI?
This DoDi incorporates and cancels DoD 5000.4-M, “Cost Analysis Guidance and Procedures.” It addresses CSDRs in Section 4.c.(1) and cites the still-active DoD 5000.04-M-1, “Cost and Software Data Reporting (CSDR) Manual.” It also establishes policy, assigns responsibilities, and provides procedures for the conduct of cost estimation and analysis in the DoD.
What is the DODI 5000.73 "Cost Analysis Guidance and Procedures"
This is a statistical analysis tool developed specifically for the cost estimating environment.
What is CO$TAT?
This cost estimating "phasing" methodology (often used in ACE-IT) generates a cumulative cost curve that passes through each Time/Spent pair.
What is the Milestone (MS) phasing method?