Software Should-Cost Analysis with Parametric Estimation Tools
Abstract:
In Department of Defense DoD acquisition contracts there are often concerns of security and competitive advantage, making it difficult to find comparable performance data that may be useful in evaluating contractor proposals. For contracting officers to make such comparative evaluations, they could conduct a should-cost analysis. This analysis can be compared to a benchmarking process, provided that a benchmark database is available. Parametric estimation tools provide this type of data. This paper shows how SEER-SEM was applied as part of the should-cost effort on the F-22 program. The Office of the Secretary of Defense recognized the resulting 32 million savings in the presentation on Better Buying Power II.