MEOSAR Cost Escalation Risk

On 10 February 2014, Senior Cost Analyst, Peter Iburg, CMA, of Directorate of Costing Services, (D Cost S), requested DRDC CORA’s assistance with determining the cost escalation risk for the Medium Earth Orbit Search and Rescue (MEOSAR) project. Following a project meeting on 12 February 2014, Mr. Iburg provided us with subject matter expert(s) (SME) cost escalation data on 21 February 2014 in the form of three point estimates (low-expected-high) with confidence levels on 62 MEOSAR budget line items. Mr. Iburg asked that we determine the median and 85th percentile on the total cost of the project, the cost of the definition phase, and the cost of the implementation phase, using SME inputs.