COST ESTIMATION PROCESS BASED ON THE CONCEPT OF SYSTEMS ENGINEERING

Nicolae-Alin Plesanu (), Sorin-Gheorghe Pînzariu () and George Udroiu ()
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Nicolae-Alin Plesanu: "CAROL I" National Defence University, Bucharest, Romania
Sorin-Gheorghe Pînzariu: "Nicolae Balcescu" Land Forces Academy, Sibiu, Romania
George Udroiu: "CAROL I" National Defence University, Bucharest, Romania

No 6, Proceedings of the 11-th International Conference on Knowledge Management: Projects, Systems and Technologies, Bucharest, November 7-8, 2019. from Faculty of Economic Cybernetics, Statistics and Informatics, Academy of Economic Studies from Bucharest and "Carol I-st" National Defence University, Department for Management of the Defence Resources and Education

Abstract: The acquisition is a discipline of multifunctional technical management that aims to design, develop, test, produce, install and support the products/systems considered through the improvement of the effective cost system. The basis of the acquisition system consists of a complete set of undivided instructions, standards and procedures, and the transition to acquisition management through programs, by acquisition categories. The acquisition strategy establishes the conditions for obtaining affordable defense systems, including operating and support costs, by determining the objectives that involve very high costs and how to approach them. This paper summarizes the cost estimation process based on the concept of systems engineering.

Keywords: cost; life cycle cost; system; systems engineering. (search for similar items in EconPapers)
Pages: 8 pages
Date: 2019-11
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