Home > Term: cost risk
cost risk
Cost estimating risk and schedule/technical risk. Cost estimating risk is the risk due to cost estimating errors and the statistical uncertainty in the estimate. Schedule/technical risk is risk due to inability to conquer the problems posed by the intended design.
- Part of Speech: noun
- Industry/Domain: Military
- Category: Missile defense
- Company: U.S. DOD
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Creator
- mf1967
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(Oklahoma, United States of America)