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Cost Validation Using PRICE HPRICE H was introduced into the JPL cost estimation tool set circa 2003. It became more available at JPL when IPAO funded the NASA-wide site license for all NASA centers. PRICE H was mainly used as one of the cost tools to validate proposal grassroots cost estimates. Program offices at JPL view PRICE H as an additional crosscheck to Team X (JPL Concurrent Engineering Design Center) estimates. PRICE H became widely accepted ca, 2007 at JPL when the program offices moved away from grassroots cost estimation for Step 1 proposals. PRICE H is now one of the key cost tools used for cost validation, cost trades, and independent cost estimates.
Document ID
20120013128
Acquisition Source
Jet Propulsion Laboratory
Document Type
Presentation
External Source(s)
Authors
Jack, John
(Jet Propulsion Lab., California Inst. of Tech. Pasadena, CA, United States)
Kwan, Eric
(Jet Propulsion Lab., California Inst. of Tech. Pasadena, CA, United States)
Wood, Milana
(Jet Propulsion Lab., California Inst. of Tech. Pasadena, CA, United States)
Date Acquired
August 26, 2013
Publication Date
April 27, 2011
Subject Category
Economics And Cost Analysis
Meeting Information
Meeting: PRICE Systems Estimating and Analysis Best Practice Workshop
Location: Manhattan Beach, CA
Country: United States
Start Date: April 27, 2011
Sponsors: Price Systems, LLC
Distribution Limits
Public
Copyright
Other
Keywords
cost estimation

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