Parametric Cost Estimating - Price Systems

• Provides cost estimation at all design levels
• Allows use of cost as a design parameter
• Allows engineer and cost analyst to work cooperatively
• Enables efficient cost/performance tradeoffs

• More cost effective designs for products life cycle
• Early and quick impact cost analysis
• 10X cost and time improvement to generate estimates
• Greatly simplifies cost proposal generation
  

• Ported PRICE System Description V3.0 available models to UNIX workstations (Solaris)
• Integrated PRICE with
  • Ascent Logic's RDD-100
  • Management Sciences' RAM-ILS toolset
  • Mentor Graphics' hardware design tools
• Beta software available
• Commercial product - 1Q97 and 3Q97
• EncapsulatedPRICE into Enterprise Framework

IMPROVEMENTS

• Migration of PRICE models to workstation
• Development of programmable data exchange mechanism
• Integration of cost estimation with system engineering and Mentor tools

• Beta Site activity at multiple locations
  • Intial use of integrated tool capability shows parametric cost estimate within 3-5% of "bottoms-up" estimate
• Cost analyst community and current customers are interested in integrated environment
• Commercialization plans
  • Cross marketing and sales agreements with Ascent Logic