GAO Cost Estimating and Assessment Guide

Download or read book GAO Cost Estimating and Assessment Guide written by Barry Leonard and published by DIANE Publishing. This book was released on 2009-11 with total page 438 pages. Available in PDF, EPUB and Kindle. Book excerpt: To use public funds effectively, the gov¿t. must meet the demands of today's changing world by employing effective mgmt. practices and processes, including the measurement of gov¿t. program performance. Legislators, gov¿t. officials, and the public want to know whether gov¿t. programs are achieving their goals and what their costs are. To make those evaluations, reliable cost information is required and fed. standards have been issued for the cost accounting that is needed to prepare that information. This Cost Guide has been developed in order to establish a consistent methodology that is based on best practices and that can be used across the fed. gov¿t. for developing, managing, and evaluating capital program cost estimates. Illustrations.