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Sikorsky Reduced the Number of Man-Hours Needed to Generate Initial CH-53X Program Estimates by About Two-Thirds
Sikorsky Aircraft needed to develop fast and accurate Rough Order of Magnitude (ROM) estimates to initiate CH-53X HLR (Heavy Lift Requirement) Program feasibility studies and to compare estimates with U.S. government budget plans. PRICE TruePlanning® cost estimating tools delivered significant reductions in cost estimating resource requirements for the CH-53X program with improved accuracy and enhanced turnaround times. At the program level, the estimates developed using the PRICE tools showed good correlation with Government-generated analogy estimates. "PRICE provided the capability to quickly see the impact of alternative configurations and schedule on costs," explains Greg Kiviat, Senior Affordability Engineer for CH-53X. "That is a key benefit when trying to balance cost with customer operational requirements."
Click here to learn more about this affordability management success story.
Hear more from Sikorsky at this year's US Symposium
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Keynote Speaker Added to PRICE US Symposium
James Judy, Senior Cost Analyst with the Office of the Deputy Assistant Secretary of the Army to speak at the "True Program Success '05" event on March 24, 2005.
Don't miss an opportunity to attend the premier conference on affordability management!
Join industry luminaries and your peers for 3 days of insights, strategies, and real-life examples on deploying affordability management solutions. Learn more and register today!
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Earned Value Management: The Right Thing to Do. How to Do It Right!
Cafritz Conference Center
800 21st Street, NW, Washington, DC
March 14-15, 2005
Learn how to take the principles of EVM and apply them effectively to your projects. Hear from successful early adopters how they are accomplishing EVM-and how you can do the same in your organization. Co-presented with Digital Government Institute, Council for Excellence in Government, George Washington University, and GSA.
Click here for a complete agenda, list of speakers, and to register.
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"Creating Early Concept Cost Models" Next INSightPLUS Product Forum
Part of FREE bi-monthly Webinar series Powered by PRICE Research
| Date: | Monday, February 28, 2005
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| Duration: | 60 Minutes, 11:00 a.m. to 12:00 noon (US Eastern Standard Time)
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| Location: | Online Webinar (passcode will be emailed upon registration)
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| Format: | Lecture/Interactive Session
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| Facilitator: | Dale Shermon, PRICE United Kingdom |
Gain insight to establishing validated and verified historical project data, identify cost drivers, regress meaningful Cost Estimating Relationships (CERs) for conceptual early designs, and implement a high-level cost model using TruePlanning®. The techniques used in this forum will be transferable and equally applicable to organizations wishing to develop their own cost models or implement existing models. Attendees will be able to establish high-level summary cost, make
predictions at the concept phase, and utilize platform-specific performance parameters (known as cost drivers) relevant to the system type.
Reserve your seat today!
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