Category: Blog

Unison Cost Engineering had the pleasure of working with The JPL Cost Estimation and Pricing (CE&P) Section to support a TruePlanning model validation study.

Directing spending dollars to American small businesses is a central goal of federal contracting. In 1953, Congress passed the Small Business Act which declared “the Government should aid, counsel, assist, and protect, insofar as is possible, the interests of small business concerns,” in order to “insure that a fair proportion of the total sales of Government property be made to such enterprises, and to maintain and strengthen the overall economy of the Nation”.1 This directive serves to support a healthy and diverse supplier base of small businesses, which are the backbone of the American economy and job creators in communities across the country.

Technology innovations are applied to business processes everywhere—enabling employees to be more efficient, more productive and save time. Robotic Process Automation (RPA), Machine Learning (ML) and Artificial Intelligence (AI) can be found in everything from billing and reporting to timesheet submission and credit card activations.

Whether a cost engineer is pricing a competitive bid, or trying to get a new product to market, estimating accuracy will determine success or failure.

If you’re in charge of cost estimating for software development projects, there are several potential oversights you could make that may lead to faulty estimates and unwanted cost surprises.