An Overview of Cost-of-Delay Analysis:- Calculating Project Decision Rules

Abstract This paper provides an overview of the cost-of-delay analysis methodology and its application in creating tactical decision rules to assist weapon systems program managers in making necessary day-to-day trade-offs and decisions regarding their programs. The methodology and its results are easy to understand and apply, and are critical components of the overall effort to reduce the time to develop and field weapon systems within the Air Force and Department of Defense. This tool assists in identifying and measuring the value of time and provides support to the decision-maker in conducting the trade-off decisions associated with cost, schedule, performance, and funding for weapon systems programs.