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GAO's Views on SDIO's Phase I Cost Estimate

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Author :
Release : 1989
Genre :
Kind : eBook
Book Rating : /5 ( reviews)

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Book Synopsis GAO's Views on SDIO's Phase I Cost Estimate by :

Download or read book GAO's Views on SDIO's Phase I Cost Estimate written by . This book was released on 1989. Available in PDF, EPUB and Kindle. Book excerpt: I am pleased to appear before the Subcommittee today to discuss our review of changes in the Strategic Defense Initiative Organization's (SDIO) estimate of the cost for acquiring and deploying Phase I of the Strategic Defense Initiative (SDI). In June 1987 SDIO estimated that the cost to deploy Phase I of SDI would be between $75.6 billion and $145.7 billion (fiscal year 1988 dollars). In June 1988 SDIO estimated that Phase I would cost $115.4 billion (fiscal year 1988 dollars). In October 1988 SDIO estimated (the current estimate) that Phase I would cost $69.1 billion (fiscal year 1988 dollars). You asked us to explain the difference between the June 1987 high estimate of $145.7 billion and the current estimate of $69.1 billion. Although we have not completed our review, it appears that the decrease resulted primarily from: reductions in the quantities of some items to be produced and deployed; changes in technical characteristics of some items; and differences in the models used to estimate the costs.

GAO Cost Estimating and Assessment Guide

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Release : 2009-11
Genre :
Kind : eBook
Book Rating : 02X/5 ( reviews)

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Book Synopsis GAO Cost Estimating and Assessment Guide by : Barry Leonard

Download or read book GAO Cost Estimating and Assessment Guide written by Barry Leonard. This book was released on 2009-11. Available in PDF, EPUB and Kindle. Book excerpt: To use public funds effectively, the gov¿t. must meet the demands of today's changing world by employing effective mgmt. practices and processes, including the measurement of gov¿t. program performance. Legislators, gov¿t. officials, and the public want to know whether gov¿t. programs are achieving their goals and what their costs are. To make those evaluations, reliable cost information is required and fed. standards have been issued for the cost accounting that is needed to prepare that information. This Cost Guide has been developed in order to establish a consistent methodology that is based on best practices and that can be used across the fed. gov¿t. for developing, managing, and evaluating capital program cost estimates. Illustrations.

GAO Cost Estimating and Assessment Guide

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Release : 2009
Genre : Administrative agencies
Kind : eBook
Book Rating : 365/5 ( reviews)

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Book Synopsis GAO Cost Estimating and Assessment Guide by : United States. Government Accountability Office

Download or read book GAO Cost Estimating and Assessment Guide written by United States. Government Accountability Office. This book was released on 2009. Available in PDF, EPUB and Kindle. Book excerpt: The U.S. Government Accountability Office is responsible for, among other things, assisting the Congress in its oversight of the federal government, including agencies' stewardship of public funds. To use public funds effectively, the government must meet the demands of today's changing world by employing effective management practices and processes, including the measurement of government program performance. In addition, legislators, government officials, and the public want to know whether government programs are achieving their goals and what their costs are. To make those evaluations, reliable cost information is required and federal standards have been issued for the cost accounting that is needed to prepare that information. We developed the Cost Guide in order to establish a consistent methodology that is based on best practices and that can be used across the federal government for developing, managing, and evaluating capital program cost estimates.--[Source inconnue].

Compendium of GAO's Views on the Cost Saving Proposals of the Grace Commission: Individual issue analyses

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Author :
Release : 1985
Genre : Administrative agencies
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Book Synopsis Compendium of GAO's Views on the Cost Saving Proposals of the Grace Commission: Individual issue analyses by : United States. General Accounting Office

Download or read book Compendium of GAO's Views on the Cost Saving Proposals of the Grace Commission: Individual issue analyses written by United States. General Accounting Office. This book was released on 1985. Available in PDF, EPUB and Kindle. Book excerpt: In response to a congressional request, GAO examined issues studied and recommendations made by the President's Private Sector Survey on Cost Control, better known as the Grace Commission, to determine whether: (1) the issues and recommendations made on program management and cost control had merit; (2) legislation would be necessary to implement the recommendations; (3) implementation efforts were completely underway; and (4) the savings estimates were realistic. GAO found that many of the issues studied and recommendations made by the Commission had overall merit and that, while many have already been implemented by legislative or administrative action, many more require additional legislative action to be fully implemented. However, GAO questioned the accuracy of many of the associated savings estimates, found flaws in the methodology used to develop some of the estimates, and found that the description of the methodology used in some estimates was insufficient to allow an assessment of its validity. In most of the instances where GAO questioned the methodology used, it believed that the savings were overstated. GAO supported management improvement issues more frequently than policy-oriented issues; however, policy-oriented issues constitute a large portion of the total estimated savings. GAO does not support restructuring federal subsidy programs and fixing federal health care costs to a percentage of the gross national product, and it disagreed with selected aspects of recommendations to reduce civilian and military retirement benefits. GAO support was most extensive in the areas aimed at strengthening federal management systems, federal automatic data processing operations, federal credit and cash management efforts, and civilian procurement and property management activities. GAO has made similar or related recommendations in nearly half of the areas in which it agreed with the Commission. Additional legislative action would be necessary to fully implement approximately half of the recommendations analyzed.

GAO Documents

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Author :
Release : 1984
Genre :
Kind : eBook
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Book Synopsis GAO Documents by : United States. General Accounting Office

Download or read book GAO Documents written by United States. General Accounting Office. This book was released on 1984. Available in PDF, EPUB and Kindle. Book excerpt: Catalog of reports, decisions and opinions, testimonies and speeches.

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