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Are you Smarter than an Algorithm?
July 22, 2020 @ 12:00 pm - 1:00 pm
Are you Smarter than an Algorithm?
Andy Prince
Webinar Presentation: Wednesday July 22, 2020 at 12:00pm EST
Cost analysts rely on mathematical algorithms, experience, and subjective assessments to develop cost estimates. However, these analysts often disagree over what is more important: statistically derived algorithms; or experience and judgment. To try to answer this question cost estimating professionals were surveyed for their expert judgment on the complexity and new design values for 15 NASA science missions. The results may or may not be surprising, but will surely be interesting.