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Simply Estimating Air Force One Do you remember a story from late 2016 that dealt with cost estimation, Air Force One and then President-Elect Donald Trump? At the time it appeared in Americans’ Twitter feeds, the tweet below caused a lot more confusion than it should have. Situations like this always pique the interest of PRICE staff because we understand how cost estimation affects the success of projects like the new Air Force One and why it’s important to use accurate and robust estimating software. Let’s talk about the repercussions of this controversial message and clear up misconceptions you might ...
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, ...