Case Study: Boeing North American achieves faster, accurate proposal estimates with PRICE Systems

Boeing North America Creates Accurate Estimates for Proposals

Boeing North American, a major aerospace and defense contractor, faced the challenge of creating accurate and rapid cost estimates for complex proposals. Their traditional cost-estimating relationships (CERs) were insufficient for modern, high-technology projects, leading them to seek a more scientific and automated methodology. To achieve this, they partnered with vendor PRICE Systems to implement its parametric estimating models and tools.

The solution involved forming a dedicated team to utilize PRICE's activity-based, technology-driven models, supported by an extensive historical cost database. This allowed Boeing North American to generate auditable and verifiable estimates directly tied to the physics of a design in a matter of days. The implementation by PRICE Systems established a new paradigm of Computer Aided Pricing (CAP), moving the company toward its ultimate goal of fully automated proposal generation and establishing parametrics as its formal basis of estimate.

Boeing North American