Cost Estimating and Contract Pricing: Tools, Techniques and Best Practices

The process of estimating the cost for the development and delivery of a product, service, or solution can range from simple to highly complex based upon multiple factors including: technology maturity, urgency, geographic location, quantity, quality, availability of resources, hardware and software, systems integration and more.

This book provides a comprehensive discussion of cost estimating and contract pricing with extensive use of tools, techniques, and best practices from both the public and private sectors.

Key topics of discussion include:

• Cost estimating methods
• Cost accounting standards
• Cost analysis
• Profit analysis
• Contract pricing arrangements
• Price analysis
• Total ownership cost
• Earned value management systems