Case Study: NASA achieves more credible RLV cost estimates with PRICE Systems

NASA boosts cost estimating credibility with PRICE Systems and 1 integrated real-time estimate process

NASA sought to develop a safer, more cost-effective reusable launch vehicle but faced the challenge of generating credible life cycle cost estimates to justify its budget requests to Congress. To address this, the agency engaged PRICE Systems for its expertise and tools.

PRICE Systems consultants analyzed historical Space Shuttle cost data to derive new manufacturing complexities and develop independent life cycle cost estimates. They integrated the PRICE Estimating Suite with NASA's engineering tools to provide real-time cost feedback. This resulted in a high level of cost estimating competency for NASA, giving the agency greater credibility for future funding requests.

NASA