• Predictive Analytics for Improved Cost Management  



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This June, I presented at the “Government Contract Pricing Summit”. The topic of the presentation was the integration of TruePlanning and ProPricer. The participants of the summit were generally long time ProPricer users, but not familiar with TruePlanning, so it was a great opportunity to be able to meet new pepole in the price/costing world. When talking with long time ProPricer users the question I would ask them was: “Where do the hours come from?”  ProPricer is an industry leading software for the management and production of bids. ProPricer allows users to setup and maintain costing and burdening data, ...
TrueFindings helps users make sense of their data by allowing them to perform analysis that leads to the production of defendable estimates in TruePlanning. TrueFindings simplifies and promotes data management in a repeatable cost analytic-centric process. PRICE is always looking for ways to help users get the most out of the tools it provides. In TruePlanning 2016 PRICE will be providing a new high performance Excel interface and as part of this interface users will be able to move data from TruePlanning projects into an Excel file that can be natively imported by TrueFindings. TruePlanningXL is the new high ...
As a builder of cost estimation models, I am constantly look for new sources of data and new ideas and technologies focused on the analysis of this data.  For this reason I like to keep my finger on the pulse of what’s happening in the world of Big Data and Predictive Analytics.  Towards this goal I happened upon an interesting post the other day that I thought I might share.  While it has nothing to do with cost estimation or cost estimating models, it does shed some pretty interesting light on the ways that the technology around predictive analytics ...
I had the great pleasure to sponsor, attend and speak at the second annual ICEAA Canada Workshop in Ottawa last week. A speaker opened the conference with his personal story of discovering the vast cost estimating and analysis community in America, which motivated him and others to start ICEAA Canada as a means for Canadian estimators to "up their game".  And I must commend the Canadians on their response – it is remarkable.  First, it is important to note that expectations on estimates started to grow in 2013 and continue to this day. It is now expected that evidence-based ...
Original Post Date: April 27, 2015 An Excel-based Pivot Table consolidates and summarizes data, with the flexibility of changing the order of organization – typically for sorting/aggregating subtotals by multiple designated dimensions.  For example, the below shows two different orderings.  The Left output sorts by Activity, then Object then Resource; the Right output sorts by Resource, then Activity then Object— But what about aligning the objects displayed in the same order as originally in the TruePlanning PBS?  In this blog, we will learn how to control and re-arrange output ordering.  As we learned in the first Pivot Table blog, begin by ...