Case Study: Airbus Defence and Space improves bid accuracy and profitability with PRICE Systems' Cost Estimation Framework

Airbus Defence and Space improves bid accuracy and profitability with PRICE Systems

Airbus Defence and Space needed to improve the accuracy of its competitive project bids to ensure profitability. The company faced challenges with its inconsistent, Excel-based estimating processes and turned to vendor PRICE Systems for a solution, leveraging their TruePlanning software.

PRICE Systems implemented a Cost Estimation Framework that used top-down parametric estimating to set targets. This solution, which included the TrueMapper feature for validation, resulted in more credible bids, enhanced collaboration between teams, and stronger project control for Airbus Defence and Space. The partnership with PRICE Systems enabled the customer to price projects to win while guaranteeing they remained profitable.

Airbus Defence and Space