TY  - JOUR
PY  - 2004//
TI  - Concept costing for defence projects: the problem and its solution
JO  - Defence and peace economics
A1  - Pugh, Philip G.
SP  - 39
EP  - 57
VL  - 15
IS  - 1
N2  - It is intrinsic to the nature of military competition that the unit acquisition costs of defence systems rise generation by generation. Traditional “bottom-up” methods of cost-estimating cannot meet the increasing demands for extensive studies of many options before commencing design and, while “top-down” estimating techniques are an improvement, in particular by reducing the time required for preparing estimates, they also are inadequate to meet current requirements. A new method has been devised, therefore, further developing “top-down” methods using Bayesian techniques to make best use of the available information, whether certain or uncertain, and its accuracy established by example.<p /> 
LA  - 
SN  - 1024-2694
UR  - http://dx.doi.org/10.1080/1024269042000164487
ID  - ref1
ER  -