Cost Estimation

Building a budget for success

COMPREHENSIVE ESTIMATES FOR ACCURATE PLANNING

Drawing from the latest industry data, best practices, and tools, our team provides budget guidance that captures the total cost of ownership and helps managers set realistic budgets for their program. Our Independent Cost Estimates (ICEs) provide an overall view of a program’s cost and schedule, and Independent Government Cost Estimates (IGCEs) help program managers and procurement officials ensure that the government receives fair and reasonable prices from vendors and service providers.

OFFERING BEST PRACTICES FOR PROJECT SUCCESS

A Logapps cost estimate gives you peace of mind and a thorough understanding of the financial landscape of your project from the start. Our cost outlines go beyond a simple estimate by providing a clear, defensible, data-based outline that connect your project requirements with actual effort and total expenditure. The data and documentation we provide present a holistic project picture to program stakeholders and allow for a successful defense and response to IG and GAO audits.

PROVEN EXPERTISE

The following select case studies, articles, and white papers span nearly two decades of experience providing cost estimation services for our clients.

ESTIMATE OF IT RESOURCES FOR IMPLEMENTATION OF THE AFFORDABLE CARE ACT (ACA)

The prior ACA IT cost estimate only partially met cost estimating best practices. Logapps needed to develop an Independent Cost Estimate (ICE) to stand up to a General Accountability Office (GAO) audit.

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REDESIGN IRS REVENUE ACCOUNTING CONTROL SYSTEM

Logapps developed a fully documented Independent Cost Estimate (ICE) for the redesign of the Revenue Accounting Control System (RACS) for the Internal Revenue Service (IRS). Logapps partnered with PRICE Systems and utilized the TruePlanning model as the estimation framework.

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STUDENT AND EXCHANGE VISITOR INFORMATION SYSTEM (SEVIS) LIFE CYCLE COST ESTIMATE

The Student and Exchange Visitor Information System (SEVIS) is a web-based system that tracks and monitors visa admission for non-immigrant student exchange visitors and their dependents in the United States. The client required a Life Cycle Cost Estimate (LCCE) to support the business case for SEVIS II, and to justify the funding of SEVIS II investment for future fiscal years.

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SOFTWARE ESTIMATION IN AN AGILE WORLD

Over the last twenty years, Agile has become the most common software development methodology. The Agile methodology is generally characterized by iterative, feature-driven development, time-boxed sprints, focus on customer value, and putting a viable product in the hands of users as early as possible to shorten the feedback look.

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COST ESTIMATION 101

Through industry leading tools and innovative strategies; Logapps provides Life Cycle Cost Estimates, Analysis of Alternatives, Cost Benefit Analysis, and Business Case Analysis to decision makers at all levels of the Federal government.

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DEVELOPING AN EFFICIENT AND REPEATABLE LIFE CYCLE COST ESTIMATION PROCESS

PRICE Systems, Logapps LLC and ALON Inc. have developed an integrated Life Cycle Cost Estimation (LCCE) capability for the Department of Homeland Security (DHS) Office of the Chief Information Officer (OCIO). This recipe has allowed our team to deliver defendable cost estimates in a timely manner while achieving client buy-in of the tools, methods and work products.

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MEASUREMENT AUTOMATION USING CADENCE

Advances in technology have allowed time-consuming, manual and repetitive tasks to be automated through artificial intelligence. The combination of machine algorithms and Big Data has automated financial analytics that were once the domain of financial advisors and equity analysts.

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