[djfergus]

How does one reconcile the statement below with DEFCON’s claim that they were 60% over budget?

> Once a month, we billed for our work and submitted an updated estimated per badge final cost - committing as costs built to discount our work as necessary in order to hit DEFCON’s per unit cost targets.

[jawns]

Just a guess, but the overall budget and the unit cost of the badges are likely two separate things. And you can express unit cost in two different ways: one that includes the cost to develop them, and one that includes only the cost to produce them.

[dmitrygr]

defcon folks rarely looked at those status emails, and more than once ADMITTED having not looked!