• Predictive Analytics for Improved Cost Management  



Blog



For those reading from my last post, let’s say you wanted to use one of our templates to model your own project. The project in question is an aircraft in the development phase and you know nothing except for its overall desired weight and its intended max speed is Mach 3. Let’s search in the PRICE server: After entering the “aircraft” category, you will see a wide assortment of aircraft related projects. Since we are trying to estimate a supersonic aircraft, click the “Aircraft Template 881C” project. The project was constructed based on our research of supersonic fighter aircraft, which ...
The 881C templates have been desired heavily by PRICE users long before PRICE even knew who I was. Now that I’m here, have a year under my belt, and have the template number approaching the century mark, I think it’s time I updated everyone on what’s going on and the plan moving forward. First off, let’s take a minute to fill everyone in. The PRICE templates are based on the widely used MIL STD 881C product breakdown structures. In other words, these templates are projects that the cost research team made in TruePlanning® to model helicopters, fighter jets, battleships, tanks, ...