TruePlanning® 2014 and Estimating System Integration – 2013
Author: Anthony A. DeMarco
Category: Presentations
TruePlanning® Methodology
TruePlanning® is an estimation framework which hosts a family of Parametric Models executed using an Activity Based Costing approach
Parametric Modeling is:
- An Operations Research Discipline
- Relies on …
- Mathematical models of real life situations
- The application of these models to new projects and technologies
- Relies heavily on historical data
- Data is reviewed and important cost drivers are identified
- Regression analysis is used to determine cost estimating relationships
- Results can then be refined with additional data and extrapolated to new projects, technologies and processes
Learn more by viewing the presentation below.