Government
Align your Compliance with the GAO Cost Guide
Download GAO Cost Guide & Compliance White Paper
Download Knowledge Retention for Acquisition Professionals White Paper
Senior executives within Government Agencies are under greater scrutiny today to ensure that their capital investments are based on credible and comprehensive business cases.
- Government Agency managers must effectively plan, select and manage their portfolio of capital assets, including information technology (IT), to ensure that scarce public resources are wisely invested.
- Capital planning and investment control (CPIC) integrates the planning, acquisition and management of capital assets into the budget decision-making process, and is intended to assist agencies in improving asset management and in complying with results-oriented requirements.
In addition, the U.S. Government Accountability Office July 2007 Cost Assessment Guide states:
"To effectively use public funds, the government must meet the demands of today's changing world by employing effective management practices and processes, including the measurement of government program performance. Legislators, government officials, and the public want to know whether government programs are achieving their goals and what their costs are...
...As resources become scarce, competition for them will increase. It is imperative, therefore, that government acquisition programs deliver as promised, not only because of their value to their users but because every dollar spent on one program will mean one less available dollar to fund other efforts. To get better results, programs will need higher levels of knowledge when they start and standardized monitoring metrics such as EVM so that better estimates can be made of total program costs at completion."
Cost Estimation Solutions for Government Program Planning and Management
Consider TruePlanning® for Improved Planning, Programming, Budgeting as well as Capital Planning and Investment Control (CPIC)
PRICE Systems provides TruePlanning - a cost estimating solution engineered for government agencies to meet mandates, schedule deadlines, and strict oversight requirements. TruePlanning utilizes parametric methodologies and project control capabilities to give Government Managers and Contractors supporting programs, the tools and methods needed for success.
PRICE Systems Government Solutions are available in 3 options that are designed to suit specific Agency requirements.
Option 1: Software Solutions for internal Agency capability improvements
World-class Cost Estimating and Analysis Software Tools:
- TruePlanning Portfolio and Systems Analysis Framework
- TruePlanning IT Life Cycle Cost Estimating Suite
- TruePlanning Product Life Cycle Cost Estimating Suite
Option 2: Assisted Implementations and Pilot Programs
Focused Application of TruePlanning in a Target Environment
- Single project TruePlanning Pilot Programs
- Complex Program (multi-element software, IT, hardware, integration, etc) TruePlanning Pilot Programs
- Portfolio-scale Multiple Program TruePlanning Pilot Programs
Option 3: Cost Management Solutions enabled by TruePlanning
Life Cycle Cost Estimate Consulting Services
- Independent Cost Estimate Services
- Total Ownership Cost Estimates
Business Case Analysis Consulting Services
- Cost Effectiveness Analysis Services
- Analysis of Alternatives Services
- Economic Analysis Services
Acquisition Support and Other Cost Estimating and Analysis Consulting Services
- Rough Order Magnitude Studies and Estimates
- Independent Cost Assessments
- Independent Government Cost Estimates (IGCEs)
- EVMS Independent Estimates at Completion (IEAC)
In addition, PRICE Systems provides Web-based, public and in-house, training programs and on-site or on-call Subject Matter Expert mentoring programs. The PRICE Systems Government Solutions Division will work with your Agency's people to define the right mix of Solutions needed to plan and manage project, program and portfolio investments in the most effective way.
