Developing accurate, thorough and defendable cost estimates on a consistent basis is an arduous and – sometimes – imposing undertaking. Every project estimate can take on a life of its own, with ...

Lockheed Martin is the prime F-35 contractor with principal partners Northrop Grumman and BAE Systems. The aircraft has three ...

Although technical considerations are normally in the forefront as companies plan automation upgrade projects, cost is often the factor able to outweigh all others. All the wonderful ideas about new ...

For years, a large organization faced significant challenges in managing the complex and often unpredictable costs of maintaining, upgrading and adding to its aging building portfolio. The ...

As the oil and gas industry explores new regions, the role of cost estimating to support the projects becomes more challenging. Cost estimating for the most part is a specialized field whose end ...

The ability to consistently get accurate cost estimates for new products and parts is elusive. Cost estimates are inherently imprecise, and the underlying drivers can change daily based on the price ...