Original Post Date: Thursday, April 1, 2010

Recently Dale Shermon of PRICE Systems gave a webinar presentation “Delivering Programs with TOC and CAIV” which looks at the application of parametric cost estimation in the context of determining a delivery strategy.  He then walks through the Cost as an Independent Variable (CAIV) process that is often employed within a Total Ownership Cost (TOC) approach to estimating.

Often, once a large defense contract is won by the business development team the program delivery team then has the job of figuring out “Ok, what exactly have we just won and how do we deliver it?” Dale’s presentation does an excellent job of taking you through the thought processes involved at that point and shows you how parametric cost estimation is competent and trusted resource during this phase of the acquisition.