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The use of cluster analysis techniques in spaceflight project cost risk estimation

The use of cluster analysis techniques in spaceflight project cost risk estimation

Fox, G.; Ebbeler, D.; Jorgensen, E.
URI: http://hdl.handle.net/2014/38279
Date: 2003-09
Keywords: cost risk; cluster analysis; random walk; principal-agent
Publisher: Pasadena, CA : Jet Propulsion Laboratory, National Aeronautics and Space Administration, 2003.
Citation: AIAA Space 2003, Long Beach, CA, September 23, 2003

Abstract:

Project cost risk is the uncertainty in final project cost, contingent on initial budget, requirements and schedule. For a proposed mission, a dynamic simulation model relying for some of its input on a simple risk elicitation is used to identify and quantify systemic cost risk.

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