
Probability Methods for Cost Uncertainty Analysis
Description
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Reviews / Votes
Praise for the First Edition:"Sound theoretical basis, fine-tuned by empirical evidence, and focused like a laser on the application of performing cost risk analysis on complex systems ... after teaching from a collection of papers, I'm delighted to finally find this well-written text."-Daryl J. Hauck, Ph.D., Assistant Professor, Ohio
"Paul Garvey has done a tremendous job taking a technical subject and producing a readable, interesting, and informative primer. ... strongly recommend[ed] ... to all professional cost analysts, both for its readability and its insights ... also recommend[ed] ... to anyone who is in the position of making decisions based on cost estimates."
-Phalanx, The Bulletin of Military Operations Research
"... does a very thorough job of explaining probability methods in cost uncertainty analysis in mathematical terms."
-International Cost Engineering Council, 2001
"This book focuses on the development of a structured approach to quantifying the uncertainty of cost estimates, backed by a great deal of mathematical rigor."
-INCOSE Insight, 2001
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Persons
Stephen A. Book (1941-2012) was a Distinguished Engineer in the Systems Engineering Division at the Aerospace Corporation, chief technical officer at Management Consulting and Research (MCR), and emeritus professor of mathematics at California State University, Dominguez Hills. A world-renowned cost analyst, Dr. Book produced innumerable contributions to the field and made his work accessible to professionals from a variety of academic and technical backgrounds. He earned an A.B., M.A., and Ph.D. in mathematics from Georgetown University, Cornell University, and the University of Oregon, respectively.
Raymond P. Covert is the founder of Covarus LLC, a boutique consulting firm specializing in engineering and economic modeling. He has over 30 years of experience in aerospace and defense engineering and is the author of a series of books on cost and schedule estimating. He has published more than 60 technical and tutorial presentations. He earned an Sc.B. in aeronautical and astronautical engineering from the Massachusetts Institute of Technology and an M.S. in electrical engineering from Loyola Marymount University.
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