Revising R&D Program Budgets When Considering Funding Curtailment with a Weibull Model

This research develops an analytical technique to estimate the impact of funding curtailment on an R&D program. The method quickly produces a revised budget by year for an on-going R&D program when funding in one year is reduced. We assume program requirements remain unchanged. The program duration may be unchanged or "stretched" to a later completion date. We use the Rayleigh and Weibull functions to model expenditure profiles, which forms basis of the analytical approach. Our proposed methodology accounts for budget outlay rates and inflation. We validate the proposed analytical technique using historical cost data from several programs.Air Force Inst of Tech Wright-Patterson AFB OH School of Engineering and Management is the author of 'Revising R&D Program Budgets When Considering Funding Curtailment with a Weibull Model', published 2001 under ISBN 9781423529224 and ISBN 1423529227.