CAPE office releases annual cost assessment activities report

The Pentagon's cost assessment and program evaluation office this week issued its annual report.

The 70-page report, dated February 2016, describes the organization's efforts during fiscal year 2015 to comply with the 2009 Weapon Systems Acquisition Reform Act, which created CAPE.

"Progress of the cost community in the post-WSARA years can be measured by fewer program cost and schedule breaches, increased emphasis on cost reporting, and a better-educated cost analysis work force," CAPE Director Jamie Morin writes in the foreword. That said, "many challenges remain, and there is more work to be done."