Cost Contingency as the Standard Deviation of the Cost Estimate for Cost Engineering

Reed Hundt and Gregory Rosston
Additional contact information
Reed Hundt: Former Chairman, Federal Communications Commission
Gregory Rosston: Deputy Director, SIEPR

No 04-007, Discussion Papers from Stanford Institute for Economic Policy Research

Abstract: The United States currently has a communications policy in place that does not state clearly its own goals, yet applies regulations that greatly affect outcomes. A better communications policy would substitute markets for regulation as a way to determine both what is sold and what price is paid while continuing to be conscious of specific market power concerns and obtaining efficiently social benefits. The Administration and Congress should create a bipartisan and independent commission to suggest a complete overhaul of the law and policy for communications, and to do so by mid-2005. In this paper, we make several proposals to improve communications policy:

Keywords: contingency; cost estimating; risk assessment; project management (search for similar items in EconPapers)
Date: 2005-03
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www-siepr.stanford.edu/repec/sip/04-007.pdf (application/pdf)
Our link check indicates that this URL is bad, the error code is: 500 Can't connect to www-siepr.stanford.edu:80 (nodename nor servname provided, or not known)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sip:dpaper:04-007

Access Statistics for this paper

More papers in Discussion Papers from Stanford Institute for Economic Policy Research Contact information at EDIRC.
Bibliographic data for series maintained by Anne Shor ( this e-mail address is bad, please contact ).