Case Study: a large defense and security contractor reduces estimating man-hours with PRICE Systems TruePlanning

Large Defense & Security System - Customer Case Study

A large defense and security contractor faced the challenge of developing cost estimates for complex IT solutions amidst tightening budgets and rapidly advancing technology. They needed a consistent methodology not only to generate accurate estimates but also to clearly communicate their process to customers. To address this, they turned to vendor PRICE Systems and its integrated cost estimating solution.

PRICE Systems implemented its PRICE TruePlanning Cost Estimating Framework, which integrated hardware and software cost models into a single, consistent process. This provided a common language for internal and external communication and significantly reduced the man-hours required to set up cost models by up to 80%. The solution saved time for vital "what if" analysis, improved confidence in estimates, and supported the company's strategic shift towards model-based systems engineering.