SoCal Webinar

The ICEAA Southern California Chapter will be holding a webinar co-hosted by a project team from RAND Corporation on May 21.

For those of you who missed the earlier webinar on this topic (or those who would like an opportunity to revisit the topic), this webinar discusses how the wisdom of crowds can be useful in cost estimating–and then introduces a RAND Hypersonic Cost Study that draws on such input from webinar participants. Please note that you have to register for the webinar. The event is open to all (including non-ICEAA members) and is free of charge.

Wisdom of the Crowds: How Input from a Large Group can Inform Hypersonic Cost Estimating    
Time: May 21, 11:00am-12:30pm PST

Abstract: In this virtual workshop, we will discuss a statistical phenomenon called “the Wisdom of Crowds”-and some conditions under which groups make better estimates than individuals.  We will then draw on the wisdom of ICEAA members to inform hypersonic weapon system cost estimating. Following a brief introduction to hypersonic weapon systems, we will ask workshop participants a set of questions about the primary cost drivers and cost uncertainty of such systems.  Results will be posted at the ICEAA website and will be used in a RAND study on hypersonic cost estimating.  Note: You do not need to be familiar with hypersonic weapon systems, missile systems, or space systems to participate in this activity.  All input is welcome.

RSVP: https://register.gotowebinar.com/register/4388199691823900687