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Methodological Issues in Functional Economic Analysis

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Software Engineering Economics and Declining Budgets

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Abstract

Functional Economic Analysis (FEA) is a methodology for modeling the costs, benefits, and risks associated with alternative investment and management practices. FEA is the primary decision support methodology for Department of Defense (DoD) Business Reengineering (BRE) analyses performed under the Corporate Information Management (CIM) initiative. Since July 1991, functional managers have been required to prepare FEAs to support all investment decisions for automated information systems. This paper draws on several published FEA documents [5,12,35], and presents a discussion of a logical and consistent framework for performing FEAs.

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Author information

Authors and Affiliations

  1. George Mason University, Fairfax, VA, 22030-4444, USA

    Thomas R. Gulledge & Edgar H. Sibley

  2. Battelle Memorial Institute, 2101 Wilson Boulevard, Suite 800, Arlington, VA, 22201-3008, USA

    Ted K. Yamashita

Authors
  1. Thomas R. Gulledge
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  2. Edgar H. Sibley
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  3. Ted K. Yamashita
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Editor information

Editors and Affiliations

  1. Economic Analysis Center, The MITRE Corporation, 7525 Colshire Drive, McLean, VA, 22102-3481, USA

    Pamela T. Geriner  & William P. Hutzler  & 

  2. The Institute of Public Policy, George Mason University, 4400 University Drive, Fairfax, VA, 22030-4444, USA

    Thomas R. Gulledge

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© 1994 Springer-Verlag Berlin · Heidelberg

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Gulledge, T.R., Sibley, E.H., Yamashita, T.K. (1994). Methodological Issues in Functional Economic Analysis. In: Geriner, P.T., Gulledge, T.R., Hutzler, W.P. (eds) Software Engineering Economics and Declining Budgets. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-78878-9_9

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  • DOI: https://doi.org/10.1007/978-3-642-78878-9_9

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-642-78880-2

  • Online ISBN: 978-3-642-78878-9

  • eBook Packages: Springer Book Archive

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