Estimation of ship construction costs

Since the end of the Cold War naval procurement for the US Navy has seen a dramatic decrease. This decrease in defense spending has placed existing programs under more scrutiny than previous years. As a result there is less tolerance on the part of taxpayers and Congress for procurement cost growth. This Thesis attempts to examine the current method that the Navy conducts ship cost estimates and suggests changes in order to improve the confidence level and accuracy of the forecasts. An examination of how industry is conducting cost estimates was used as a comparison to the current Navy practices. Finally using only a weight based approach to ship cost estimating is insufficient. It is necessary to develop and use a model that incorporates other cost driving factors in order to develop estimates of sufficient quality at the preliminary design level.

Department dc:contributor.department

Massachusetts Institute of Technology. Dept. of Mechanical Engineering.

Grantor dc:publisher

Massachusetts Institute of Technology

Year dc:date.issued

2006

Author dc:creator

• Miroyannis, Aristides

Advisor dc:contributor.advisor

• Henry S. Marcus.

• Mechanical Engineering.

Statement dc:rights

• M.I.T. theses are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. See provided URL for inquiries about permission.

Licence dc:rights.uri

• http://dspace.mit.edu/handle/1721.1/7582

Language dc:language.iso

eng

Handle dc:identifier.uri

http://hdl.handle.net/1721.1/36275

OAI identifier oai:identifier

oai:dspace.mit.edu:1721.1/36275