Cost Research Analysts
Bruce Fad
VP of Professional Services
Years of Experience: 33
Areas of Coverage: Hardware Estimation - mechanical and electronic
Roles and Responsibilities:
Bruce Fad is Member/owner of PRICE Systems, LLC and directs all activities of PRICE Systems Professional Services Division, which includes: parametric cost estimating model and general estimating topic training course development, PRICE models technical support to licensing clients, and PRICE Systems Americas consulting services, Bruce maintains an active role in services through instructing and by supporting consulting engagements as either a project director or individual contributor as a Subject Matter Expert (SME). He frequently prepares and delivers presentations on the subject of cost estimating and analysis for professional society conferences.
Over his tenure, Mr. Fad, has expanded PRICE Service offerings to include:
- Cost proposal preparation and evaluation
- Supplier assessment
- Source Selection
- Cost as an Independent Variable (CAIV) and Design-to-Cost (DTC) engineering
- Analysis of Alternatives (AoA)
- Business Case Analysis (BCA)
- Affordability Analysis
- Enterprise integration of cost models
- Independent Cost Estimating (ICE)
- Activity Based Cost (ABC) forecasting
- Cost estimating in support of Earned Value Management (EVM)
Certifications:
Patent holder of hardware and software parametric costing techniques.
Publications:
- "Parametric Estimating for New Business Ventures," Engineering Costs and Production Economics, Elsevier Science Publishers B.V., Amsterdam, 1988
- "Modeling the Effect of Escalation on Prices," 1981 International Society of Parametric Analysts (ISPA) Conference Proceedings
- "The Role of Weight in Parametric Estimating," 1987 Society of Allied Weight Engineers (SAWE) Conference Proceedings
- Adapting Computer Aided Parametric Estimating (CAPE) to Process Maturity Levels, 1994 Ninth Annual Software Cost Modeling Conference, University of Southern California
- Auditable Parametric Estimating Systems, PRICE Systems White Paper, August 1995
- Parametric Proposal Pricing System (P3S) - The Virtual Bidding Machine, 1996 International Society of Parametric Analysts Annual Conference
- Using Dynamic Trade Analysis (DTA) to Maximize Product Capability, 1996 Applications of Software Measurement (ASM) Conference
- Can Parametrics Complement Activity Based Costing (ABC)? 2000 International Society of Parametric Analysts Annual Conference.
- Estimating Future Capability, 2004 SCEA Conference
- 10 Dumb Statements on Estimating, 2006 ISPA Conference
- Analytical Hierarchy Process (AHP) Approach to Size Estimation, 2005 Joint ISPA/SCEA Conference
- Contributing author to Systems Cost Engineering, 2009
Awards/Honors:
- Parametrician of the Year - 1995, Awarded by the International Society of Parametric Analysts (ISPA)
- Best Paper, 1996 ISPA Conference, Methodology Track
Education:
- FORMAL:
- University of Delaware, Newark, DE, M.S., Mathematics, 1972
- University of Delaware, Newark, DE, B.S., Mathematics, 1971
- PROFESSIONAL:
- PRICE Hardware Model Training Course, RCA PRICE Systems, 1977
- PRICE Software Model Training Course, RCA PRICE Systems, 1979
- PRICE Hardware Life cycle Model Training Course, RCA PRICE Systems, 1979
- Program Manager's Training Program, RCA, 1981
- Financial Analysis for Managers, RCA, 1982
- Cost Estimating, Univ. of Alabama, 1982
- Proposal Development, Lockheed, 1984
- Lockheed Management Institute, University of Texas, 1985
- Experienced Manager's Course, General Electric, 1989
- Software Estimating, AIAA, 1990
- Applied Software Measurement, Software Productivity Consortium, 1994
> Bruce Fad
VP of Professional Services
> Arlene Minkiewicz
Chief Scientist
> Zach Jasnoff
Solutions Architect
> David Seaver
Solutions Architect
> Bob Koury
Senior Cost Research Analyst
> Gurney Thompson
Cost Research Analyst
> John Long
Solutions Consultant
> John Swaren
Solutions Consultant
> Pascal Gendrot
Executive Consultant
