NextGen Cost Estimating & Analysis Meetup – February 2019
On Thursday, February 28th Technomics hosted the NextGen Cost Estimating & Analysis Meetup group’s first event of the new year. Ms. Tullar, the Director of Business Plans and Operations at the National Reconnaissance Office (NRO), led participants in a discussion about bridging the gap between cost estimation and budget formation. At the NRO, Ms. Tullar is responsible for all business functions, including budget planning, cost estimating, and contracting. With over 22 years of national intelligence resource management experience, Ms. Tullar provided valuable insight to the audience of cost analysts and government leaders.
On February 24th, the Technomics team had the privilege of preparing lunch for the families currently staying in the Ronald McDonald House of Northern Virginia. Guests come and go, grabbing a bite to eat when they have spare time. Day after day, these families spend most of their time at the hospital caring for a sick child. On the menu, we prepared home-style chicken and dumplings with a side of roasted broccoli. Attendees from Technomics included Tom Oettinger, Emily Smith, Catherine Dodsworth, Ryan Klug, Ryan Sukley, Kathleen Hudgins, and Jenna Dameron.
“The process is broken and we need to start over with a clean sheet.”
This statement is a common theme and recurring challenge presented to cost estimating and analysis teams and organizations. This was the starting point of one recent undertaking at Technomics.
Every new administration or several years we see efforts to reform the acquisition system and its associated processes. The Army has taken the big step to establish what they’re calling a new Futures Command with the goal of streamlining the acquisition process. To achieve this they are connecting the warfighters – those who use the products of this system – with those who develop the equipment in hopes of increasing both the efficiency and quality of the process. But is that enough to assure success?
The late businessman and writer, Alvin Toffler, had said, “The illiterate of the 21st century will not be those who cannot read and write, but those who cannot learn, unlearn, and relearn.” Alvin Toffler was, among his many titles, a futurist. He understood the world was changing and growing in ways that would favor those who changed and grew with it. This meant not becoming complacent with one’s work and mind. To be successful in anything, especially in the workplace, one must always have the mentality that something can be improved and that the mind can always absorb more.
Technomics' vision, mission, core values, and beliefs represent the compass by which our Company and Employee Owners ensure they are properly oriented and consistently do the right thing. Our vision – to raise community of practice standards through honest, innovative analysis that produces realistic answers, advances the state-of-the-art and serves as a benchmark for excellence – provided the inspiration for a new Technomics initiative that should pay dividends to the cost analysis community.
December is a time of many things; it is a time for gathering, celebration and reflection. Amidst the holiday seasonal scurry we often find ourselves looking back on the year that has passed while simultaneously preparing for the year ahead. At Technomics, this time-honored ritual is held especially dear to our leadership and employee owners. As such, we take advantage of this opportunity to not only celebrate the past, but to also welcome the New Year with those closest to us
In the midst of all of the advertisements and commercialization of the holiday season, it is important to take time to slow down and reflect upon one’s priorities and values. A part of that reflection involves giving back and appreciating the life we are so fortunate to live. In keeping with this spirit, Technomics has participated in three charitable activities during the month of December. Our goal was to help and inspire local families and community members.
How Cloud Costing Capabilities are Shaping Our Future
Once upon a time in a faraway land there sat a Department of the US Federal Government tasked with defending the country. As the Department grew and grew, its capabilities grew too. Soon, programs were being built left and right, creating a tough load to manage. The Department was functioning as an enormous machine in desperate need of new oil.
At the risk of stating the obvious, the credibility, defensibility, and corresponding value of advice delivered by the cost analysis community to decision makers in government and industry is dependent on analyst competency. From my vantage point as former President/CEO and current Technical Director of an organization that routinely demonstrates through its actions an enduring commitment to improving this community of practice (COP), I fear that an increasing number of ‘professionals’ in our community aren’t doing their jobs as well as they should.