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Original Post Date: Friday, June 10, 2011 I’m on my way home from the ISPA/SCEA (International Society of Parametric Analysts, Society of Cost Estimating and Analysis) Conference held in Albuquerque this week.  Attendance was very good (2nd best in the conferences history) and as the content seemed especially good this week.  I attended lots of good talks on topics ranging from SEPM (System Engineering, Project Management) cost estimating, Joint Confidence Levels, Software Estimating, Affordability,  Agile software development and estimating for Enterprise Resource Planning Systems.   Of course, just because the topics are good and well presented doesn’t mean I have ...
Wednesday, June 8, 2011  What is the fuel capacity (in gallons or liters) of a Boeing 737 jet?  Submit your estimate in the comments section!
Original Post Date: Wednesday, May 25, 2011  Going to ISPA SCEA in New Mexico?  If so, join us for a workshop on data driven cost estimating.  Description:  Building transparency and traceability into your estimating process leads to more defendable estimates.  This hands-on workshop demonstrates how historical data is transformed into predictive models.   You will learn how your organization’s data can be synthesized into custom models that can be employed in support of third party models within a single analytical framework.  Participants will learn:  (1)   To develop system level estimating relationships to provide a test of reasonableness and historical cross-check to proposed estimates. (2) To develop ...
Original Post Date: Thursday, May 19, 2011 I was recently asked by a client to provide a synopsis of what TruePlanning offers in response to the Ashton Carter Memorandum – Implementation of Will-Cost and Should-Cost Management. In the memo, the Undersecretary of Defense AT&L listed “Selected Ingredients of Should Cost Management”. It was interesting to note how much capability is provided by TruePlanning to effectively support efficient should cost management. In this month’s blog, I will share with my response to our client with you. ...
Original Post Date: Wednesday, May 18, 2011  Parametrics is more than estimating. It represents the complete process of capturing and utilizing (often with calibration) non-cost drivers, as well as associated programattics and configuration levels. The Wiki definition of systems engineering immediately speaks to project complexity, life cycle management, and logistics. Any question that parametrics and systems engineering are interrelated?  In many of our customer organizations, affordability and cost-benefit analyses have migrated to system engineering functions. How and where does your organization perform these analyses?  As we enhance our capabilities and applications, it’s beneficial for all concerned to understand your adaptation of parametrics within the core ...
Original Post Date: Tuesday, April 19, 2011 Happy Easter!  What is the weight of the world's largest jellybean?  Submit your answer in the comments section!
Original Post Date: Tuesday, April 12, 2011 What is the aircraft speed record, in mph or km/h, for an unmanned jet airplane?  Submit your estimate in the comments section!
Original Post Date: Tuesday, April 5, 2011  In 1961 at the MIT Centennial, John McCarthy opined “if computers of the kind I have advocated become the computers of the future, then computing may someday be organized as a public utility just as the telephone system is a public utility…. the computer utility could become the basis of a new and important industry”  [1].  In 2006, Amazon Web Services was launched providing computing on a utility basis.  Since that time the notion of cloud computing has been emerging and evolving. Cloud computing is a paradigm that makes the notion of utility ...
Original Post Date: Tuesday, April 5, 2011 In mph or km/h, what is the average cruising speed of a Boeing 737 jet?  Submit your estimate in the comments section!
Original Post Date: Tuesday, March 29, 2011 Competition seems like a sensible practice on the path to best value.  However, is it possible to create a truly competitive environment? “It is a tradition that we don’t trust our business partners, people don’t have a clear understanding of how sharing information would result in better performance.  The lack of understanding induces fear and skepticism.” Hau Lee, Graduate School of Business at Stanford University There are two behaviors that debunk competition in regards to complex systems wrought with uncertainty: over-optimism and deception.  Government buyers share the dual burden of seeking advanced technologies to meet future ...