Cost-Effectiveness

Estimating Systems Costs

J. D. McCullough

Expert InsightsPublished 1965

A discussion of the significant features involved in systems cost analysis. The paper, primarily directed to users of cost estimates, describes the methodology of the field at length, employing illustrations from military planning problems. Such aspects of cost estimating as tradeoff analysis, the fixed budget, and the specified-effectiveness approaches are detailed, as are the prescribed steps for arriving at a comprehensive analysis.

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McCullough, J. D., Cost-Effectiveness: Estimating Systems Costs. Santa Monica, CA: RAND Corporation, 1965. https://www.rand.org/pubs/papers/P3229.html.
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