The Acquisition Cost-Estimating Workforce: Census and Characteristics

This insightful work dives into the critical landscape of cost estimation for major defense acquisition programs, as mandated by Congress. It offers a comprehensive examination of the workforce responsible for these cost estimates, shedding light on their characteristics, capabilities, and the essential role they play in the defense sector. The authors, Georges Vernez and Hugh G. Massey, meticulously analyze the necessary qualifications and operational dynamics of the professionals engaged in this vital function, providing a clear picture of the skills and knowledge required for effective cost assessment.

Through their detailed research, Vernez and Massey identify gaps and opportunities for enhancing the effectiveness of the cost-estimating workforce. By presenting empirical data and a thoughtful discussion of methodologies, the book serves as a valuable resource for policymakers, industry professionals, and academics. It highlights the need for a robust and skilled workforce to ensure the successful management and execution of defense acquisitions in an ever-evolving military landscape.