• Predictive Analytics for Improved Cost Management  



Blog



With the latest update for TruePlanning 16.0, we have a new plugin for Phoenix Integration’s ModelCenter tool.  ModelCenter aids in the design and optimization of systems, and is a popular tool with many TruePlanning users in the aerospace and defense industry.  The new plugin will allow users to integrate TruePlanning’s cost models with computer-aided design (CAD) tools, simulation tools, performance models, Excel, etc. and automate data sharing between them. By linking these models/tools together, you can do in-depth studies on the entire trade space for a design, and find optimal answers to very complex design questions.  And with the ...
Several weeks back I attended the Practical Software Measurement (PSM) Users Group in Crystal City Virginia.  This is a small but good conference that combines presentations on many aspects of measurement for software and systems with workshops in the afternoon where government, industry and academia work together to address issues of import to system and software measurement.  As you might imagine, there were several presentations focused specifically on cybersecurity - a topic that is becoming more and more of an issue in our industry. All were quite good but one particularly enlightening presentation was presented by Joe Jarzombek of Synopsis ...
Driverless cars – brilliant idea or completely frightening?  But if you look at the Google Car – which has logged over 700,000 road miles with only two accidents both of which involved missteps of a human driver – maybe it’s not such a bad idea.  Joshua Schank of the Eno Center for Transportation is quoted here as saying “People are not great at driving – 30,000 people die in in car accidents each year (in the United States).  Machines can be much better than humans when it comes to driving; they don’t drink or text and can think faster”.  ...
The Capability Maturity Model Integration – Development (CMMI-Dev) is a model designed to help organizations achieve and institutionalize process maturity. CMMI specifies the goals that need to be achieved to reach a specific maturity or capability level – it is neither rigid nor prescriptive with how exactly these goals are to be met.   Agile is a philosophy and set of tenets  for software projects that are characterized by highly collaborative, cross-functional teams who work closely with their customers to deliver regular increments of functional software capability that the customers and end users are happy with.  Neither the agile philosophy ...
It is common for consumers of TruePlanning Cost Analysis to request some type of uncertainty analysis and this is frequently a request for an 80% confidence level report. TruePlanning can produce an uncertainty report and provide confidence levels, but some organizations have a prescribed method for generating uncertainty analysis based on the use of Monte Carlo. Many of these organizations use @Risk to perform Monte Carlo analysis. TruePlanning has an integration with TruePlanning so TruePlanning users can satisfy the development of an 80% confidence level base on inputs in TruePlanning projects. Recently a customer contacted PRICE and indicated that ...
TruePlanningXL is the new Excel based interface to TruePlanning. TruePlanningXL gives uses the ability to work with TruePlanning projects in Excel. This includes allowing users to update inputs, calculate, calibrate and even create new projects. Much of the work performed in Excel on TruePlanning projects involves setting input values. The majority of inputs are single values and are available on the PBS sheet provided by TruePlanningXL. There are, however, some inputs that do not fit well on the PBS sheet: temporal inputs. Temporal inputs are inputs that contains multiple values to reflect values over time. In the TruePlanning application, ...
The 2017 Crash Report is now available.   This is a report of CAST’s Research on application software health.  The results are based on a study of the structural quality of 1850 applications totaling more than one billion lines of code from around the world based on five health factors that measure: Robustness – measuring the likelihood of outages and time to repair based on poor implementation practices Security – measuring violations of secure coding practices which can lead to security breaches and data theft Performance Efficiency – measuring potential performance  ...
Field Programmable Gate Arrays (FPGA) are integrated circuits designed to be configured by a designer after manufacturing.  In recent years, FPGA usage has been increasing at a rapid pace, as their capability (speed, energy efficiency, amount of logic that can fit on the chip, etc.) has come to rival ASICs.  As both the number and size of FPGA projects has increased, improving methods of cost estimation of these projects is becoming more critical for project success. FPGA development combines aspects of both hardware development and software development.  These projects begin with architectural design and writing code in a Hardware Description ...
Check out this article on “The History and Purpose of the Capability Maturity Model (CMM)” (https://toughnickel.com/business/The-History-and-Purpose-of-the-Capability-Maturity-Model-CMM) It provides an interesting and thought provoking accounting of how the Carnegie Mellon University’s (CMU’s) Software Engineering Institute (SEI) came to be and how the quest of NASA and the US Air Force lead the charge to improve software quality.  According to the article – “The Capability Maturity Model was developed to ensure success when success really matters – at NASA and in the military where lives are on the line and success is survival”.  The problem the industry had with this quest ...
In my previous blog, I discussed the newly available in TP2016.0 (16.0.6187.2) API feature of calibration. Now reliable and repeatable calibrations can be set up through the TruePlanning API easily and quickly. For most users the standard calibration usage will be all they need. That said, there are some users who would like to use a feature that is available the TruePlanning Calibration GUI: the ability to calibrate multiple inputs in one calibration.  The most common reason to use a constant in a calibration is to find a single value, such as Organizational Productivity, across multiple Cost Objects that yields ...