PRICE Systems
22 Case Studies
A PRICE Systems Case Study
The U.S. Army PEO STRI sought to eliminate subjective growth factors and create more defensible, data-driven estimates for its software-intensive programs. Their challenge was a lack of standardized historical data, which led to budget overstatements of 30-60% and lengthy approval cycles. To address this, they collaborated with vendor PRICE Systems.
PRICE Systems implemented its PRICE Estimation Systems Integration methodology using the TruePlanning framework to create a standardized data collection and analysis process. This solution provided defensible estimates, leading to a projected savings of over $90 million for a single pilot program. The measurable impact included significant life cycle cost savings, increased budget approval confidence, and a new ability to measure contractor productivity for future project estimates.