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–
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.
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.