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EXECUTIVE SUMMARY
Pages 1-6

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From page 1...
... Because of these complex and interrelated factors, some DOE projects have cost more than they might have in the private sector, some have encountered cost and schedule overruns, and some have ultimately been canceled after significant costs were incurred. These recurrent problems with project management have raised questions on Me part of the House and Senate Appropriations Committees about the credibility of the assumptions and processes DOE uses to develop conceptual designs and cost estimates and generally manage projects.
From page 2...
... to conduct independent reviews Although the language of the conference report may have suggested a project-by-project analysis, this NRC study was based on a systems, or project characteristic, approach, which could also be used as a continuing process. This report focuses on the development of criteria and guidelines for assessments Mat can be applied to projects in the FY98 budget request, as well as to fixture budget requests.
From page 3...
... projects for which new technology is proposed or the technology requires significant research and development to increase confidence that it will be workable at field scale projects that are not obviously or strongly supported by the mission objectives in DOE's Strategic Plan · projects that have had significant cost or schedule overruns or that have a high potential for such overruns projects managed by an area operations office that has a history of project overruns, failures, or terminations
From page 4...
... as descnbed in DOE Order 430.1, Life Cycle Asset Management (DOE, 1995~. The assessment should be sufficiently detailed and rigorous to permit an objective, independent reviewer to reach a supportable conclusion about the project's justification in light of the current mission of the DOE program sponsor and about whether the project represents a technically valid, cost effective, realistic means of accomplishing its stated objectives.
From page 5...
... Although the project manager has both line management accountability and the resources and knowledge to advance specific recommendations, a culture supporting truly independent review (and He benefits to be derived therefrom) may not exist at the project level.


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