• DocumentCode
    2088482
  • Title

    The Establishment and Calculating Model Method of Unforeseen Expenses for Civil Aircraft Research Project

  • Author

    Yu, Ying ; Liu, Wei

  • Author_Institution
    Econ. & Manage. Dept., Beihang Univ., Beijing, China
  • fYear
    2009
  • fDate
    20-22 Sept. 2009
  • Firstpage
    1
  • Lastpage
    4
  • Abstract
    In civil aircraft research project, it usually takes a certain percentage unforeseen expenses additionally in the budget process to cope with unexpected events brought by overspending, and ensure the funds required. In this paper, the objectivity of the unforeseen expenses establishment is first discussed, followed by expounding the decisive factors of establishing unforeseen expenses. At last we analyze the limitations of commonly used estimation methods and propose the calculating model method. We develop the existing methods which are too subject or too complicated, and this method is more compatible with civil aircraft research project.
  • Keywords
    aircraft; budget process; calculating model; civil aircraft research project; estimation method; unforeseen expenses; Aerospace electronics; Aerospace engineering; Aircraft manufacture; Aircraft propulsion; Financial management; Manufacturing processes; Power generation economics; Project management; Technological innovation; Uncertainty;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Management and Service Science, 2009. MASS '09. International Conference on
  • Conference_Location
    Wuhan
  • Print_ISBN
    978-1-4244-4638-4
  • Electronic_ISBN
    978-1-4244-4639-1
  • Type

    conf

  • DOI
    10.1109/ICMSS.2009.5301604
  • Filename
    5301604