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L -3 Mission Integration (L-3 MID) Data Driven Estimates

Author: Melody Jolly

Category: Use Cases

Data Driven Estimates for Fast, Accurate Bid and Proposal Generation–

 

Challenge:

Before PRICE’s software estimation model was implemented, L-3 MID’s estimating process suffered from common weaknesses such as: inconsistent process for estimating, estimates that lack visibility into justification, time consuming data collection for estimates, wide ranges of accuracy levels, multiple estimating methodologies that erode the credibility of estimates.

Solution:

L-3 MID has embedded PRICE Systems’ estimating framework in key business processes in order to achieve substantial returns. With reduced time and effort to generate estimates as well as increasing accuracy, L-3 MID has been able to establish credibility with customers that have more confidence
in parametric modeling.

Case Study

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