A Quantification of Effectiveness of Simulation Models by Managing Cost of Development

Modeling and simulation is a way to improve the quality of a product. The people who make use of the model can interact with them and learn from them. The learning from simulation models includes user experiences, data gathering and analysis from the computer model. Meanwhile, the funding organizations and government bodies want to know the effectiveness of the construction and simulation of the models because it costs a lot. In this work, we are suggesting a procedure for data gathering and cost management of research and development project and we show that the procedure can be used to speculate effectiveness of simulation model construction. The contribution of this work is in showing a way to quantify the effectiveness of modeling and simulation for R&D projects.