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What is Model-Based Cost Engineering™ (MBCE™)?

Definition: It’s a cost engineering approach that applies scientific principles and techniques to cost, schedule, uncertainty estimation, cost control, business planning, management science, profitability analysis, project management, and planning and scheduling.

Addressing Common Challenges. Take a Closer Look.

Proven. Data-driven. Rapid.

MBCE™ is an integral part of the technical baseline, dynamically linking cost, schedule, and uncertainty to technical requirements, including analysis, design, implementation, and verification of a capability, system, product, or component. MBCE™ leverages predictive power delivered through an integration framework, supervised predictive models, data analytics, cost element mapping, and enterprise data integration to provide total lifecycle estimation.

The critical elements are presented in our MBCE™ Primer.

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