Affordability Management - Cost estimation software

TruePlanning Supports Critical Acquisition Activities for Program Affordability Management

Program Management Offices are faced with numerous cost estimating, cost analysis, budgeting, and cost tracking activities throughout the acquisition life of a program. At each acquisition stage TruePlanning's life cycle approach to Program Affordability Management enables agencies and government program offices to minimize risk and cost, deliver better value to the taxpayer, accelerate project processes, and improve the efficiency and effectiveness of project selection, control, and delivery.

With TruePlanning organizations can restore affordability to defense programs through more credible estimates, streamlined proposal review processes, defensible cost analysis and greater overall accuracy to ensure future funding and program success at every decision gateway.

CAIV

An effective, Cost as an Independent Variable (CAIV) process requires a traceable connection among requirements, cost estimates, and budget. CAIV applies to the development, production and operation & support and is intended to be applied iteratively beginning in the concept stage.

With TruePlanning organizations can set aggressive, achievable life-cycle cost objectives, and manage the achievement of these objectives by trading off performance and schedule, as necessary.

TruePlanning provides a consistent framework to link engineering tools to cost estimates so that CAIV management and reporting is automatic throughout the lifecycle of a program.

Total Ownership Cost

Total Ownership Cost (TOC) estimates include the complete cost of a system: development, acquisition, support, and, disposal.

By providing this comprehensive view into affordability, TruePlanning can perform valuable what if analysis and measure the total cost of meeting performance requirements.

Estimates to Complete

Most techniques for forecasting Estimates To Complete include some adjustment of the original cost estimate based on project performance to date. TruePlanning cost drivers are indicative of the performance and provide an excellent earned value progress measurement system.

The integration of earned value management and cost estimating leads to a better Estimate to Completion by using technical inputs rather than cost variances determined from a constantly changing baseline.

Target Costing

TruePlanning allows organizations to impose discipline upon the development process to achieve target costs. TruePlanning enhances visibility by translating technical requirements and features into specific cost drivers.

TruePlanning Supports Critical Acquisition Activities for Program Affordability Management

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