by Arlene Minkiewicz
| September 26, 2014
I had the distinct pleasure last week of attending the 2014 NASA Cost Symposium. While to the uninitiated this might sound like a bit of a snoozer – it was actually quite interesting and proved to be the source of a ton of valuable information. The event took place at Langley Research Center in Hampton, VA – near Williamsburg, Newport News, and not too far from Virginia Beach. My participation was somewhat self-serving in that I was there to talk about PRICE’s new Space Missions Cost Models for TruePlanning®. This model – discussed in an earlier blog – offers a version of the TruePlanning® Hardware and Systems cost methodology specifically tailored to estimate costs for the spacecraft and payload developed for robotic earth orbital and scientific missions in space.
Despite the fact that shameless commercialism was one motivation for my attendance, this in no way inhibited the geek in me from learning a lot from all the smart people who work for or provide services to NASA. Here’s a sampling of the things presented and discussed:
It was a very full three days of presentations on cost estimation, schedule estimation, cost risk, and uncertainty, schedule risk and uncertainty as well as the tools and databases available to support these estimates and analyses. In addition to all this, the NASA Cost Symposium continues to be an excellent venue to get out and talk to people with very interesting cost and schedule estimation challenges. Not only did I get the chance to catch up with some old friends, I got the opportunity to learn what’s new and exciting in the world of space travel and exploration.
Click here to learn more about the NASA cost symposium.