Objective: to establish a repeatable and practical process for consistently producing fact-based, data-driven cost estimates.

Design Deliverables: 7 process-defining document deliverables with an optional Guidebook.

Accurate and justifiable cost estimating is an absolute requirement for consistently winning competitive business with the government. PFCI provides a proven repeatable and successful approach to establishing this capability appropriate to the size and class of opportunities pursued. Our techniques provide full lifecycle integration of technical, cost, and schedule baselines in creating an accurate, competitive and justifiable bid. A disciplined approach to Basis of Estimate (BOE) meets the demands of the Defense Contract Audit Agency (DCAA) for Cost Risk Analysis and Cost Realism, while forming the basis for Earned Value Management and reporting.

As with the approach to the Business Capture Process, PFCI fine tunes BOE process engineering engagements to meet the unique needs of each client. A process design group is formed with principals from the client organization. Hands-on design and development activity by client managers ensures custom tailoring to the client environment, and organizational buy-in and support for implementation.

BoE process engineering can be combined with Business Capture process engineering, or purchased as a separate engagement.