The Government Accountability Office in a report released today is giving the Missile Defense Agency a pat on the back for "improving its cost-estimating practices."
Among the things MDA has done that have created this GAO applause are issuing "an internal cost estimating handbook," doing "internal cost reviews," setting up "an independent cost assessment team" and getting independent cost estimates from the Pentagon's cost assessment and program evaluation office, the report states.
But GAO says MDA shouldn't just stop there:
However, continued evaluation over time by MDA's internal cost review and its independent cost assessment teams will provide more confidence in the agency's ability to identify areas where the cost estimate follows its guide and where correction is needed. Making these corrections will do the real work to improve the quality of the estimates.