- About PRICE
Cost Realism is the marriage of current, accurate, and complete data with logical and comprehensive estimating methodology. Whether it is small cross-check engagement of a few elements over a few days or a longer termed engagement to assist with multiple source selection tasks, the basis for realism is always a deliverable to the customer. The engagement report you receive will completely describe what we used and how we used it to arrive at realism.
Source Selection Definition of Services
PRICE will assist the Government team in the source selection process, to include assistance in defining parametric input forms for the contractors, collection and analysis of contractor data, development of a “Government Cost Position”, and a Risk Assessment.
Bid & Proposal Definition of Services
PRICE supports contractors so they can quickly make Bid/No Bid decisions, negotiate with suppliers, analyze competitive scenarios, and evaluate various design/development alternatives.
Parametric Cross Check Definition of Services
An estimate using the PRICE database and any readily available cost and technical data from the customer. The deliverable product will be a report/presentation covering all ground rules, assumptions, and input data, along with a breakdown of the costs, risk and optimal schedule to the sub-system level.
PRICE Systems will work with each organization to further define the scope of the engagement and the deliverables.
Implementing new tools and processes can be a challenge for any organization -PRICE Systems Implementation Services focuses on helping you get a highly customized TruePlanning solution in very little time. Our experienced consultants work as a team with your staff to transfer knowledge and problem solving skills while working on real projects in your environment.
We use an interview process to reconstruct several historical projects and build a completed project database. Then use what we learn from your history to tailor:
- Phases and Milestones
- Resource profiles
- Size, Productivity, Finance, and Reliability metrics
- Custom Reports
These engagements focus on a specific business need, such as responding to a Request for Proposal (RFP), estimating a contemplated product engineering change, or producing the cost component to a study of program execution alternatives. The time span of these services can vary widely, from as little as one week to as long as a year or more.
Examples of uses for BCA include:
PRICE Systems Research and Development Services focus on the acquisition, management and successful delivery of third-party investments in PRICE current or future products. Services include business analysis, business process mapping, requirements elicitation and capture, data gathering and analysis, prototyping, cost model development, software development, testing, and documentation.