Bid and Proposals - Cost estimation software

Time and Cost Savings for Bid & Proposal Development with TruePlanning

TruePlanning delivers a competitive advantage through improved win ratios and optimization of bid resources while helping to eliminate the costs of unnecessary bids and proposals. Implementing PRICE cost estimation software and solutions will reduce proposal generation cycle time and cost while increasing the accuracy of estimates resulting in more competitive processes that win business.

PRICE Systems' clients have reported a 30%-60% reduction in both proposal cycle time and costs to develop estimates.

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Bid/ No Bid Decision

The Bid/No Bid decision is an extremely important initial step of the bid & proposal process. The cost estimate for this decision is crucial for determining if your organization has the resources to perform the work and if it is a profitable opportunity to pursue.

TruePlanning generates estimates of costs, benefits, schedule, and labor for hardware, software, IT, and system of systems projects within a single framework saving time and reducing costs while increasing accuracy. Learn More...

Make vs. Buy Decision

Many of today's products are so complex that no single company has all the knowledge required to completely design and manufacture the product on their own.

TruePlanning allows you to quickly and accurately estimate the total system level costs of a project allowing an informed, data driven decision to be made about how best to go about developing or procuring a system.Learn More...

Design to Cost

By identifying the main cost drivers throughout a product's life cycle, costs can be isolated and treated as a design parameter.

TruePlanning integrates with computer aided design tools so that engineers can perform rapid trade-off analysis early and often throughout the product lifecycle. Learn More...

Price to Win

Determining the winning price that can achieve customer requirements and also makes a profit is a challenging task.

TruePlanning can generate a calibrated cost model based on internal history and industry-wide cost data to establish target costing parameters. The model provides a view of what competitors are likely to bid while also allowing the capture team to quickly develop multiple alternatives to identify the winning price. Learn More...

Competitive Assessment

By using an organization's own product as a baseline and collecting data on differences in a competitor's product, an organization can parametrically "ghost the competition".

TruePlanning allows organizations to conduct competitive assessments through accurate Should Cost analysis. Assumptions about the technology, development teams, economic conditions, production quantity, etc., are combined with TruePlanning data to estimate the most likely costs and profitability. Learn More...

Time and Cost Savings for Bid & Proposal Development with TruePlanning

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