Anthony DeMarco


For more than two decades, Tony DeMarco has been a pioneer in cost forecasting and analysis technology. He has led PRICE both in its former incarnation as a division of Lockheed Martin and since its inception as a successful independent company in 1998.   More

Among Mr. DeMarco's credits are the design and implementation of the first application-specific integrated circuit cost-estimating tool. He soon added enhancements that produced the first parametric electronic module estimating system, which is still an avionics industry standard. He holds a patent on the PRICE labor and materials cost estimating model and, for the PC market, he designed XPERT/H™, a desktop version of the PRICE Hardware Model.

In 1997, Mr. DeMarco received the highest honor bestowed by the International Society of Parametric Analysts (ISPA), the Freiman Award. In 2001, he was appointed by then–NASA Administrator Daniel S. Goldin to serve on the International Space Station Management and Cost Evaluation Task Force (IMCE). He helped NASA to address cost growth on the program by assessing the quality of the ISS cost estimates as well as program assumptions and requirements, and by identifying high-risk budget areas and potential risk mitigation strategies. Using PRICE modeling, Mr. DeMarco found that the program was underestimated by more than $20 billion.

Joseph Bauer

Solution Consultant, PRICE Systems

Joe Bauer recently joined PRICE Systems as a Solutions Consultant after more than twenty years of service in the United States Air Force. Joe is the primary Solutions Consultant for our Air Force customers at Wright-Patterson Air Force Base, Ohio, including program offices for the following weapons systems: F-22 Raptor, F-35 Lightning II, B-1 Lancer, B-2 Spirit, and several others. He is the secondary Solutions Consultant for our United States Army customers. Joe supports the program offices by providing classroom training, mentoring, and consulting for PRICE Systems’ cost estimating solutions. As the Assistant Dean of Training, he is responsible for evaluating and modifying training course content as new modeling capabilities are fielded.   More

Prior to joining PRICE Systems, Joe was the lead hardware modernization estimator for the F-22 Raptor program office. He collected, normalized, and analyzed data in support of annual program office estimates, budget submissions, milestone decisions, analyses of alternatives, and quick turn estimates. Joe developed cost estimating relationships and evaluated contractor proposals and schedules to determine the ability of the contractor to execute the program as stated. He has extensive experience in parametric modeling and risk analysis.

Joe earned a Master of Science degree in Cost Analysis from the Air Force Institute of Technology in 2009. He earned an MBA from the University of Phoenix in 2005. He holds a Defense Acquisition University Level 1 certification in Cost Estimating. Joe is also a Certified Cost Estimator / Analyst (CCEA) with the International Cost Estimating and Analysis Association (ICEAA).

Arlene Minkiewicz

Chief Scientist, PRICE® Research

Arlene Minkiewicz has 21 years of experience with PRICE. She currently leads PRICE Research and is responsible for research and analysis at the forefront of costing trends.   More

During her tenure at PRICE, Ms. Minkiewicz has designed and led the implementation efforts for the company's cost estimating model. She has functioned as the product enhancement lead for all PRICE products, delivering product upgrades and enhancements to PRICE's client community.

Ms. Minkiewicz's research has been published in leading trade journals including Software Development, Crosstalk and the British Software Review. She was awarded the 2002 Parametrician of the Year by the International Society of Parametric Analysts and she holds a patent in parametric costing technique. She is a contributing author for several books including IT Measurement, published by the International Function Point User's Group; The Unified Process Inception Phase, published by CMP books; and The Closed Loop, Implementation Guide for Activity Based Budgeting, published by the Consortium for Advanced Manufacturing - International. In 2004, her research into the cost implications of Commercial-Off-the-Shelf (COTS) software-based systems was recognized with best paper awards by the International Society of Parametric Analysts and The Society for Cost Estimating and Analysis. Ms. Minkiewicz speaks frequently at professional conferences worldwide on subjects of cost estimating and measurement.

F. Gurney Thompson III

Cost Research Analyst, PRICE Systems

F. Gurney Thompson III is a cost research analyst at PRICE Systems LLC. With progressive experience in mathematical modeling and a strong conceptual mind, Gurney is ideally suited for research and development of cost methodologies and analysis. Currently, Gurney is the project lead for developing new methods and models for electronics estimation at PRICE Systems. From 2011-2012, he was the primary architect of solutions for estimating total ownership cost. Gurney was a major contributor to the U.S. Army Software Lifecycle Affordability Management study in 2009-2010, where he analyzed cost implications of Service Oriented Architecture. Gurney graduated with a B.S. in Systems Engineering from the University of Virginia in 2007.

Thompson bio detailed.