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Automotive Software Development Costs: A Cost Engineering Guide
The automotive industry is one of the most complex industries in the world, with multiple (and sometimes competing) factors affecting its performance, not the least of which include technological advancement, environmental regulations, and competition. As a result, manufacturers must ensure they deliver products that stay abreast of disruptive trends, meet regulatory requirements and consumer expectations, […]
Read MoreChoosing the Right CLM for GovCon: More Than Checking Boxes
Selecting a Contract Lifecycle Management (CLM) system is like choosing a new member for your team. It’s not just about filling a seat; it’s about finding a player who understands the unique playbook of GovCon—from FAR clauses to complex subcontractor agreements. In a game where precision and compliance are paramount, the right CLM system doesn’t […]
Read MoreCounting Trillions: Meet the Federal Budgeteers
Budgeteering: Not Your Average Bean Counting Let’s talk about a group of folks who’ve mastered federal budgeting—the budgeteers. These aren’t your garden-variety number crunchers. Budgeteers stand front and center, managing a colossal annual discretionary budget of nearly two trillion dollars, a figure that makes even the toughest calculators blink. When you consider the emergency supplementals […]
Read MoreWhat is Parametric Cost Estimation?
Parametric cost estimating is a statistical method that requires quantitative input. It’s a disciplined, objective approach that’s relatively quick to use and whose results are sensitive to changes in the value of the selected parameters. This approach is useful when available information is not very detailed, as this method considers past data and trends and […]
Read MoreTop 5 Mistakes When Integrating Systems with a CLM
Integrating Contract Lifecycle Management (CLM) systems with other essential business platforms—such as ERP and financial systems—has left teams with some battle scars in government contracting. Despite the clarity of the objective—to create a seamless operational framework—achieving this integration often proves to be a frustrating and time-consuming task. Here are five common pitfalls GovCons encounter when […]
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