Establishing Budgets for a 10 Year Technology Project
Category: Use Cases
This program was undertaken to change an old information system technology to a modern open architecture that produces information on demand with greater speed, more versatility, and across diverse operating systems. Since it was designed as a replacement for an operational system, an evolutionary acquisition of capability over a 10-year period was planned. With four more or less equally spaced incremental releases of the new system, each providing added capability, the cost estimating challenge was to produce a credible estimate before initiating Increment 1.