Technomics - Cost Analysis Policies, Procedures & Training

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“For the past many months, a number of us have been trying to mould the reporting for the program into something that will be of value to the Department in the future. It has been a long, hard road, but we are finally there. Much of the credit has to go to two of your employees who did consistently great work on this grueling task. I just wanted to let you know how much we appreciate their efforts..” - OSD Senior Cost Analyst

Cost Analysis Policies, Procedures & Training

In recognition of the breadth and depth of our analytical expertise, clients have requested our assistance developing and implementing cost analysis related policies and procedures.

Our work in this area has addressed guidance associated with:
     Cost and Software Data Reporting (CSDR)
     Independent Cost Estimates (ICE)
     Business Case Analysis (BCA)
     Earned Value Management (EVM)
     Standard Work Breakdown Structures (WBS)

We are integrally involved in assisting the Office of the Secretary of Defense (OSD) in implementation of the contractor cost and software data reporting (CSDR) requirement mandated by DOD 5000 for major defense acquisition programs (MDAPs). This reporting requirement is paramount to the DoD’s ability to develop accurate cost estimates and make informed acquisition decisions related to future weapon system programs.

We assisted the Government Accountability Office (GAO) in writing the GAO Cost Assessment Guide, which documents best practices for estimating and managing program costs.

A natural extension of our work developing/implementing policies & procedures is development/conduct of training classes. We have developed training materials and conducted training classes on Cost and Software Data Reporting (CSDR) and multivariate analysis for ship and weapon systems costing. Our analysts have trained over 1,600 Government and industry staff on how to satisfy the CSDR requirement. Student audiences have ranged from as few as five students in a classroom setting to over 140 students in an auditorium.

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