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How to Estimate Hardware Life Cycle Projects

TruePlanning uses parametric modeling to generate estimates of cost, labor, schedule, and benefits for the Development, Production, Operation and Support phases of electronic and mechanical hardware programs. TruePlanning can accommodate internally developed hardware components or commercial off-the shelf (Hardware COTS) development.

Hardware estimates are based on calculations of:

  • Manufacturing Process and Technology
  • Productivity and Life Cycle expectancy
  • Weight, Complexity, and Operating Environment

Methodologies are repeatable and results are always supported by the latest industry standards,
best practices, and factual data.

By defining hardware programs through measures of weight and manufacturing complexity
you can quickly and accurately determine early estimates of material and labor costs.

Generate estimates of labor requirements throughout all phases, from hardware acquisition planning
to system testing.

Estimate the cost impact for accelerated, interrupted, or protracted development schedules.

TruePlanning integrates seamlessly with Microsoft Project and can create a schedule by importing
from or exporting data to Microsoft Project files.


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