contact: 757 620-9785
[email protected]
677 Spartanburg Highway Ste 150
Hendersonville, NC 28792
Cost Management
•Description: Labor and materiel cost estimates are linked to the schedule and budget and may impact quality and performance of the deliverable.
•Why it is important: Results of cost estimating may impact budget, schedule, risk, quality, requirements and vendor selection, labor skills, vendor billing cycles, subcontracting.
•Tools: analogous, parametric, bottom-up, three point estimating, cost of quality, vendor bid analysis lessons learned, labor rates, market surveys, earned value, forecasting, to complete performance index.
•How Wright Management and Consulting Group performs this task: One-on-one discussions with stakeholders/project owners, interviews, literature reviews, subject matter expert interviews, document results and use appropriate tools to define products and review with customer to fine tune, obtain written agreement to proposed plan.
•Link to other project tasks: The product of this task is the customer approved project budget.
•Training/mentoring offered: parametric, bottoms up, market survey to name a few courses on modern cost modeling
•Why it is important: Results of cost estimating may impact budget, schedule, risk, quality, requirements and vendor selection, labor skills, vendor billing cycles, subcontracting.
•Tools: analogous, parametric, bottom-up, three point estimating, cost of quality, vendor bid analysis lessons learned, labor rates, market surveys, earned value, forecasting, to complete performance index.
•How Wright Management and Consulting Group performs this task: One-on-one discussions with stakeholders/project owners, interviews, literature reviews, subject matter expert interviews, document results and use appropriate tools to define products and review with customer to fine tune, obtain written agreement to proposed plan.
•Link to other project tasks: The product of this task is the customer approved project budget.
•Training/mentoring offered: parametric, bottoms up, market survey to name a few courses on modern cost modeling