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University Affiliated Research Center

PRICE® TRUEPLANNING™ HELPS RESEARCHERS EVALUATE COST CONSIDERATIONS AS PART OF TECHNOLOGY RECOMMENDATIONS —

 

Challenge:

This University Affiliated Research Center (UARC) performs engineering research and makes recommendations to the DoD and their contractors. In the past, they left cost estimating to their customers. They recognized that they must now consider cost implications as an important variable in the process of developing their recommendations.

Solution:

The cost analysis section investigated an option for bringing the estimating function closer to their evaluation of technology alternatives. Their assessment of PRICE® TruePlanning™ as a top-down estimating tool showed that it could help them make informed decisions about which design alternatives were economically viable to pursue and which were not, much earlier in the process.

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Published in: Case Studies