Location
Howard Johnson Plaza-Hotel, Columbia/ Enterprise Rooms
Start Date
23-4-1996 2:00 PM
End Date
23-4-1996 5:00 PM
Description
This paper explores financial modeling as an engineering tool which can quantify the positive attributes of a development project in a manner that fiscally-oriented executives and managers can readily absorb. After an orientation on the viewpoints and strategies of these corporate decisionmakers, an introduction to common financial metrics, such as net income, rates of return, and breakeven period, further prepares the reader to tackle the all-important topic of corporate goals and their contrast to government objectives. Basic concepts and methods for preparing projections of fiscal metrics for life-cycle project costs and benefits are explained, and examples are provided from the Engineering Cost Group’s analysis of the Reusable Launch Vehicle Program at Marshall Space Flight Center. Brief discussions of techniques for analyzing and presenting results and conducting probabilistic models conclude the paper.
Paper Session I-B - Finding the Silver Lining: A Guide to Positive Fiscal Analysis of a Prospective Venture
Howard Johnson Plaza-Hotel, Columbia/ Enterprise Rooms
This paper explores financial modeling as an engineering tool which can quantify the positive attributes of a development project in a manner that fiscally-oriented executives and managers can readily absorb. After an orientation on the viewpoints and strategies of these corporate decisionmakers, an introduction to common financial metrics, such as net income, rates of return, and breakeven period, further prepares the reader to tackle the all-important topic of corporate goals and their contrast to government objectives. Basic concepts and methods for preparing projections of fiscal metrics for life-cycle project costs and benefits are explained, and examples are provided from the Engineering Cost Group’s analysis of the Reusable Launch Vehicle Program at Marshall Space Flight Center. Brief discussions of techniques for analyzing and presenting results and conducting probabilistic models conclude the paper.
Comments
Space Business Aspects In A Commercial Market
Session Chairman: Janice Bellucci, President, Star Corporation, Attorney for Selected Aerospace States
Session Organizer: Jay Gurecki