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The true cost of time

机译:真正的时间花费

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摘要

It is widely acknowledged that the Strategic Defence Review (SDR) will have to take some tough decisions to rebalance the equipment programme to match the level of ambition with resource provision. However, the SDR must not be viewed as a one-off rebalancing exercise. Bernard Gray's independent review of acquisition was critical of the practice of slowing down projects to defer costs, arguing that any short-term savings were outweighed by long-term cost growth. Intentional delays to certain projects reduce funds for others and, if left unchecked, the problem grows exponentially. The report estimated that between £1bn and £2.2bn is lost per year in frictional costs as a result of the overheated equipment programme, suggesting that there is a cost of time element within the current practices that is not well understood.
机译:众所周知,战略防御评估(SDR)必须做出一些艰难的决定,以重新平衡设备计划,以使雄心壮志与资源供应相匹配。但是,不得将SDR视为一次性的重新平衡活动。伯纳德·格雷(Bernard Gray)对收购的独立审查对于减慢项目延期成本的做法提出了批评,认为长期成本增长会抵消任何短期节省。某些项目的故意延迟会减少其他项目的资金,如果任其发展,问题将成倍增长。该报告估计,由于设备计划过热,每年在摩擦成本上损失了10亿至22亿英镑,这表明在目前的实践中存在时间成本,这一点尚不为人们所理解。

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