OEM COG Webinar: Inflation and Escalation

Inflation and Escalation

RSVP at https://us02web.zoom.us/meeting/register/tZYuduuurDMiG9N74RiMvKKaFTrFwSXd0wbC

OSD CAPE reports directly to the Secretary and Deputy Secretary of Defense and serves as an independent source of unbiased analysis and decision support. They provide the Department with timely, insightful, and unbiased analysis on resource allocation and cost estimation problems to deliver the optimum portfolio of military capabilities through efficient and effective use of each taxpayer dollar.

This presentation will provide an overview of CAPE’s new Inflation and Escalation Handbook. The new version of the handbook addresses “constant price” and “real price change” and provides step-by-step instructions and quick-reference flowcharts to help cost estimators apply inflation and escalation correctly, consistently, and with fewer existential crises (we’ve all been there!). For those wishing to review the handbook in advance of the meeting, it is available under Public Reports on the CAPE website: https://www.cape.osd.mil/

Speaker: Erica Walters
Ms. Erica Walters is an operations research analyst with the Land and Naval Warfare Cost Analysis Division for the Office of the Director, Cost Assessment and Program Evaluation (CAPE), Office of the Secretary of Defense in the Pentagon. In addition to completing cost estimates on ship programs, she is CAPE’s cost policy lead and subject matter expert on inflation and escalation. She is responsible for updating the DoDM 5000.04 (CSDR manual), DoDI 5000.73 (cost analysis guidance and procedures), inflation and escalation handbook, and other CAPE-owned policy and guidance. She has worked at CAPE for three years, and previously worked for six years at the Air Force Cost Analysis Agency. She has a master’s degree in security studies from Georgetown University and a bachelor’s degree in biology from George Washington University.