INSight - Monthly Views to Program Success
May 2006


Training Center

PRICE TruePlanning®:

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Industry Events

June 13-16
2006 SCEA Conference
Tysons Corner, VA
Visit us at Booth 6
Learn more and register

June 20-22
NASA Cost Symposium
Cleveland, OH
Visit PRICE Systems
Learn more and register

On-Demand Webcasts

TrueConcepts
Gain insights to establishing validated historical project data, identifying cost drivers, regressing meaningful CERs for conceptual early designs, and implementing a high-level cost model.
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Symposium News

November 15-16
26th Annual International Symposium
Prague, Czech Republic

Speaker lineup currently includes MBDA Missile Systems, Sikorsky Aircraft, General Dynamics, EADS Space Transportation, DGA, and Prigent.

White Papers

Cost Analysis in a Simulation Environment
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COST ESTIMATING

Assessment of COTS Upgrade for a Satellite Ground System

FREE 60-Minute Webinar

Date:Thursday, June 1, 2006
Time:11:00 AM - Noon (US EST)
Location:Online Webinar (passcode emailed upon registration)
Format:Interactive/Lecture
Facilitator:Arlene Minkiewicz, Chief Scientist, PRICE Systems

Planning and budgeting for the development of a software system composed primarily of COTS components present unique challenges to those with project and process responsibilities. This presentation will review the activities unique to COTS-based development, overview the True S COTS estimating methodology, and provide a case study and assessment of a COTS upgrade for a legacy satellite ground system.

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PROJECT CONTROL

"Should-Cost" Program Soars with PRICE Parametric Estimating

Should-Cost is a program managed by the Defense Logistics Agency (DLA) to improve Government procurement costs. Not until the DLA's Defense Supply Center Richmond (DSCR) implemented PRICE parametric cost estimating however did their Should-Cost Program begin to deliver its true potential as an effective negotiating tool for government buyers. With PRICE, DSCR's average case response time to provide customers with Should-Cost Analyses dropped from 93 to 17 days. Productivity increases to administer the program also reduced operating costs with a projected savings of $1 million annually. Positioned to become a Center of Excellence for Should-Cost Analysis in government, DSCR plans to share its clearly superior PRICE parametric approach with other DLA offices.

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KNOWLEDGE MANAGEMENT

COTS: Build Versus Buy On-Demand Webcast

Among many challenges facing software estimators is the integration of Commercial Off-The-Shelf (COTS) applications into new software development. This online demo of PRICE Systems’ software development and lifecycle estimating methodologies using True S demonstrates how cost issues associated with COTS other than the initial purchase price need to be understood to make the right "build versus buy" decisions.

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