The government has a problem with project cost overruns. Many times a project is awarded for a fixed cost. Then the contractor has cost overruns during the project that the government has to pay to close the project. The purposed plan is to use @Risk decision process for predicting the total cost of the project with cost overrun precentage factored in the total cost. This process will give the government a risk assement of the contractor prior to contract project award.
Idea No. 10395