TruePlanning® Course Descriptions
All PRICE Systems courses are available for Custom, On-site Training at your location. We will provide a complete set of course materials for a maximum of 12 students as well as laptops, if applicable.
True Systems – The TruePlanning Framework
The ability to accurately predict the cost of project management, oversight, and integration is essential in estimating the entire cost of a new project. Often these all important costs are overlooked or underestimated. The TruePlanner True Systems catalog addresses these very issues. The True Systems catalog enables the user to estimate management, oversight, and integration costs for hardware, software, and information technology systems or any combination of cost objects from these systems. All this is done through the employment of Activity Based Costing (ABC). The True Systems catalog contains five cost objects: System, Assembly, Purchased Good, Purchased Service, and Other Cost. The System cost object estimates the cost of project management and oversight; the Assembly cost object estimate the cost of project integration.
This two-day course provides basic instruction in the use of the True System catalog, a collection of predictive cost models designed by PRICE Systems. The course integrates lectures and exercises, featuring 50% “hands-on” training time. Real-world problems are used to challenge trainees and reinforce important concepts. The course provides the knowledge and skills required to use the True System catalog.
True H – Hardware Project Planning and Control
The ability to accurately predict the cost of new hardware items is crucial to those who produce these items and for those who procure them. True H estimates the cost to develop and produce hardware in a state of the art modelling environment. It also estimates the cost of acquiring and integrating purchased and furnished hardware items into a complete hardware system. True H is equipped with many features designed to facilitate the model's use and extend its power. All this is done through the employment of Activity Based Costing (ABC).
This two-day course provides basic instruction in the use of the True H catalog, a collection of predictive cost models designed by PRICE Systems. The course integrates lectures and exercises, featuring 50% “hands-on” training time. Real-world problems are used to challenge trainees and reinforce important concepts. The course provides the knowledge and skills required to use the True H catalog.
True S - Software Project Planning and Control
This two-day course provides a basic instruction in the use of the True S catalog, a collection of predictive cost models designed by PRICE Systems. The course integrates lectures and exercises, featuring 50% "hands-on" training time. Real-world problems are used to challenge trainees and reinforce important concepts. The course provides the knowledge and skills required to use the True S catalog. PMI-Certified / 32 PDUs
True IT - Information Technology Planning and Control
This two-day course provides a basic instruction in the use of the True IT catalog. The course integrates lectures and exercises, featuring 50% "hands-on" training time. Real-world problems are used to challenge trainees and reinforce important concepts. The course provides the knowledge and skills required to use the True IT catalog.
True COCOMO
This two-day course provides a basic instruction in the use of the True COCOMO catalog. The course integrates lectures and exercises, featuring 30% "hands-on" training time. Real-world problems are used to challenge trainees and reinforce important concepts. The course provides the knowledge and skills required to use the True COCOMO catalog.
PRICE H - Hardware Estimating & Project Control
This five day course provides an overview of parametric cost estimating methodology and instruction in the use of the PRICE Hardware Model (PRICE H). The course integrates lectures and exercises, featuring 50% hands-on training time. Real-world problems are used to challenge trainees and reinforce important concepts. The course provides the knowledge and skills needed to use PRICE H. PMI-Certified / 40 PDUs
PRICE S - Software Estimating & Project Control
This four-day course provides a basic instruction in the use of the PRICE S model, software model use to estimate the costs and schedules of software development projects. The course integrates lectures and exercises, featuring 50% "hands-on" training time. Real-world problems are used to challenge trainees and reinforce important concepts. The course provides the knowledge and skills required to use the PRICE S model.
PRICE HL - Managing Life Cycle Affordability
This four-day course provides an overview of parametric cost estimating methodology and instruction in the use of the PRICE Hardware Life Cycle Model (PRICE HL). PRICE HL is a parametric estimating tool that estimates the cost of supporting and maintaining hardware during its operational life cycle. This course integrates lectures and exercises, featuring 50% hands-on training time. Real-world problems are used to challenge trainees and reinforce important concepts. The course provides the knowledge and skills needed to use the PRICE HL model.
PRICE M - Predicting Electronic & Microcircuit Costs
This two-day course provides a basic instruction in the use of the PRICE M model, a Computer Aided Parametric Estimating (CAPE) tool designed to provide cost and schedule estimates for the development and production of circuit cards, modules, custom and semi-custom integrated circuits, multi-chip modules, hybrid packages, and modular electronics. The course integrates lectures and exercises, featuring 50% "hands-on" training time. Real-world problems are used to challenge trainees and reinforce important concepts. The course provides the knowledge and skills required to use the PRICE M model.
Bid & Proposals
This three-day seminar highlights the vital components of preparing faster and better bids and proposals. The course integrates lectures and exercises that deal with affordability requirements, "ghosting" the competition, attempting to forecast immature or non-existent technology, performing Make versus Buy Decisions, Target Costing, Cost as an Independent Variable (CAIV) Trade-Offs, and Life Cycle Cost Containment.
Bid & Proposals (Evaluation of Contractor Cost Proposals)
This three-day course highlights the Parametric Cost Estimating Initiative (PCEI), examines the use of parametrics in view of federal guidelines and regulations, dissects how contractors use parametric estimating techniques as their primary estimating methodology, and surveys the acquisition landscape and how it impacts the cost analysis function. Using lectures, case studies and group discussions, this course will provide government personnel with effective, immediate-use information regarding concepts, principles, and techniques to evaluate a PRICE-based cost estimate.
Project Cost Management
This three-day seminar is designed to assist program/project managers, proposal managers, contract and engineering managers apply world-class tools and methods to promote more effective risk managements, critical path analysis, and performance measurement as they relate to project cost management.
Procurement Supplier Assessment
This three-day seminar addresses procurement practices that can most benefit from PRICE solutions. We will demonstrate real applications that show how improved hardware/software project estimating and control can deliver real gains in the procurement process.
Future Capabilities Planning
This three-day seminar highlights the essential components of hardware/software project estimating and control, technology forecasting, and life cycle affordability management as they relate to developing long-range planning estimates and forecasts for systems during the early exploration phase.
Fundamentals of Cost Estimating
This three-day class is designed to show participants the basic principles, practices and processes in completing a cost estimate that holds true whether the project is a manufactured product, business service or multimillion dollar defense project. The course presents practical techniques and tools to estimate, plan, and complete high quality projects that are on budget and schedule.
Fundamentals of Software Cost Estimating
This three-day class is designed to show participants how to estimate the costs and schedules of software development projects in order to avoid large overruns. The course presents practical techniques and tools to estimate, plan, and complete high quality projects that are on budget and schedule.
EVM (Earned Value Management)
This two-day course introduces the fundamental business practices of project management, utilizing earned value principles and methodologies. The lecture portions of the course are intended to invite discussion and address student questions. The workshop and exercises are integrated with lecture within the individual Earned Value Modules.
CAIV (Cost As an Independent Variable)
This one-day workshop provides an overview of the Cost as an Independent Variable (CAIV) Maturity Process. The course presents an objective evaluation process, which measures an organization's current program management environment with respect to meeting CAIV compliance goals. This course integrates lectures and exercises, and features "hands-on" training time. Real-world problems are used to challenge trainees and reinforce important concepts.
TOC (Total Ownership Cost)
This one-day workshop gives an overview of Total Ownership Cost (TOC), the Department of Defense's initiative to control cost on new weapon systems and modifications on old weapon systems. The course will examine the cost elements (research and development, procurement, military construction, operating and support, and decommissioning/demilitarization) of this initiative.
