INSight - Monthly Cost Estimating Viewpoints

Welcome to PRICE INSight - today's top cost estimating and project management topics for:
A&D Program Management  |  Government  |  Financial Services  |  Business IT Management

July 2008


Special Events

First Annual CPIC Conference 2008 Sponsored by The Federal CPIC Forum

July 22 thru 23
Washington, DC
Join PRICE Systems' panel discussion and visit exhibit
Learn more

TruePlanning® Training

Public dates added:
Predictive Modeling
Cost Estimating & Analysis

PRICE University™

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Resource Center

White Papers
Webinars
Software Tips
Case Studies

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On-Demand Webcasts

Revisiting Best Practices for Estimating and Managing Program Cost: A GAO Perspective
GAO Cost Guide and implications for the future
View Webcast

The Value of Estimating Accuracy when Defining and Selecting IT Projects Speed, accuracy, and confidence to estimating scope, cost, and risks
View Webcast

The Evolution of Software Size: A
Search for Value

A history of correct and incorrect software sizing
View Webcast

Scope Management:
The Keystone for Portfolio Management

The connection between business goals and IT
View Webcast

The GAO Cost Guide & Compliance
Learn the impacts on Government and Industry
View Webcast



TruePlanning 2008 Released: Improves Workforce Productivity

PRICE Systems recently announced the release of TruePlanning® 2008—a complete cost estimating framework with greater speed, project schedule planning and management, and productivity. TruePlanning 2008 offers a robust suite of integrated cost models and benchmarks, along with powerful, fast knowledge management that helps you analyze costs, schedule and risk factors for both product and IT system lifecycles. View complete features



Do Your PMO Practices Meet GAO Standards? FREE Self-Diagnostics

Government projects continue to have cost overruns and schedule slips. In many cases, your project management staff is not training or equipped with the proper tools. Using standards from the Government Accounting Office (GAO) Cost Assessment Guide, PRICE Systems created a self-diagnostics tool to help you benchmark your progress and offer informed recommendations to getting back on track, if needed. Whether your project is just underway or in the planning stages, this is a valuable tool. How do you stack up? Start here

 

Webinar: Jumpstart Your Val IT Process

FREE 45-minute Webinar

Date:Wednesday, August 6, 2008
Time: 12:00 - 12:45 PM (Eastern) / 9:00 - 9:45 AM (Pacific)
Duration:30 Min Lecture / 15 Min Interactive Q&A
Location:Online Webinar (passcode emailed upon registration)
Speaker: Joseph Ingemi, Executive Consultant, PRICE Systems
Register: Learn more and register online

PRICE S to TruePlanning for IT—Software Cost Model Conversion
“Lunch and Learn” Webinar August 14

FREE 45-minute Webinar

Date:Thursday, August 14, 2008
Time: 12:00 - 12:45 PM (Eastern) / 9:00 - 9:45 AM (Pacific)
Duration:30 Min Lecture / 15 Min Interactive Q&A
Location:Online Webinar (passcode emailed upon registration)
Speaker: John Long, Senior Executive Consultant, PRICE Systems and Paula Young, Cost Analyst, PRICE Systems
Register: Learn more and register online

Software Tip: Calculating the Number of Failures Using PRICE HL

"What is the number of equipment failures calculated by the PRICE HL Model?" This has become a common question among PRICE software users. Quick answer: This is a key calculation within any hardware life cycle model. Each failure normally results in some sort of maintenance action, which results in maintenance costs, plus replenishment spare part costs, and other associated costs. Our newest software tip demonstrates two methodologies that can be used to calculate these failures.

Existing user? View software tip

Interested in TruePlanning? Schedule demo


U.S. Regional Symposium Brought Industry Luminaries Together

On June 18, professionals representing more than 30 government agencies converged in Washington, DC at PRICE Systems' U.S. Regional Symposium. GAO’s Karen Richey, the events keynote speaker, provided an overview of the "GAO Cost Assessment Guide". Robert Young, retired Deputy Assistant Secretary of the Army for Cost and Economics, chaired a panel discussion on the topic of "Peer driven discussion of issues in Cost Management". Agencies in attendance included the US Army, Air Force, Navy, OSD, DCMA, MDA, DLA, NOAA, NASA, Homeland Security, Treasury, and others. Advancements in TruePlanning 2008 were also showcased.

Special Complimentary Offer: To celebrate the success of our Symposium, anyone seeking hand-on training can attend a 2-hour TruePlanning® Workshop on July 30 at PRICE Systems’ Rosslyn, VA office. To register, call 1.703.740.0084 or email Sharon Rankin at sharon.rankin@pricesystems.com


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