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Cost Estimating and Assessment Guide: Best Practice by Developing and Managing Program Cost

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Report Type Reports and Testimonies
Report Date March 12, 2020
Release Date March 12, 2020
Report No. GAO-20-195G
Summary:

Legislators, government officials, and the public want to know whether government programs are achieving their goals and what their costs are. To make these kinds of evaluations of the latest ship, IT system, or other acquisition, reliable cost forecasts and updates are required.

We developed this guide, initially published in 2009, to provide agencies across the government with a way to produce reliable, high quality cost estimates. It outlines key steps in the estimating process.

This is our first update to the guide. It includes improved descriptions of cost estimating steps, additional technical information, and an updated format.

Cover of the Cost Estimating and Assessment Guide

Cover of the Cost Estimating and Assessment Guide

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