|
|
Thread Tools | Display Modes |
#1
|
|||
|
|||
How do they judge costs..
On Nov 10, 11:44*pm, "Brian Gaff" wrote:
It occurred to me some time ago, that doing stuff in space manned or otherwise was and still is prone to unknown costs. How can one budget for anything when you have never actually done it before. *The recent report on the James Web project highlights this. If the bean counters are sitting, watching, you can end up with something that is compromised from what you wanted in the first place. Unless you're funding it out of your own pocket, bean counters work on the project before you do. And just like estimating software (or other project) schedules, you pull together the best information you have, make educated guesses for everything else, and then apply fudge factors. The problem with fudge factors, of course, is if you are too lavish with them, you might scare away the people giving approvals. And if you don't use enough, then you get beheaded for your underestimate. So project schedules and funding estimates tend to be "damned if you do, damned if you don't". BTW, how early in the project did they find out the low-expansion glass wouldn't work? /dps |
Thread Tools | |
Display Modes | |
|
|
Similar Threads | ||||
Thread | Thread Starter | Forum | Replies | Last Post |
Fixed costs dominate launch costs | Jeff Findley | Policy | 7 | March 6th 07 10:40 PM |
GEM vs DOB - you be the judge | Dave Jessie | Amateur Astronomy | 4 | January 7th 07 10:04 PM |
You be the judge | Mike | Amateur Astronomy | 1 | January 3rd 07 05:26 PM |
*BY WHAT MEASURE* Ye Judge! `~ | Mike | Amateur Astronomy | 0 | October 25th 06 09:20 PM |
Costs of one versus costs of one million | glbrad01 | Policy | 4 | November 16th 04 02:59 AM |