SEER-H Electro Optical Sensor Estimation Validation

April 15, 2010 · Filed Under Cost Estimating, Estimating, Hardware Electronics Systems Estimating  - 0 Comment(s)

If you estimate Electro Optical Sensors you will know what a challenge it can be.  That is why SEER-H’s ElectroOptical Sensor model was developed.   The following is feedback from a user:  SEER-H EOS  was within 6% of actuals and they thought they could have gotten even closer had they answered all the questions instead of just the first three.   The report follows:

A confirmation of the SpyGlass EOS estimating tool and platform influence factors.

I received a recent Government Procurement announcement for one of the systems in the EO Sensor model database  that provided the the unit’s cost and procurement history. The sensor is one of the projects in the CostIQ library.  I loaded the the procurement info into the CostIQ SEER-H EOS  project i.e. prior units, quantity buy and learning curve. SEER-H EOS projected a  production cost of $487,722 and the actual Government procurement cost was $458,000, within 6% of the actual. Note: I had only reset the 3 parameters noted above.

I would expect if I were to do a detail analysis of the procurement/procurement history and tweaked SEER-H EOS the results would even more closely matched the actual procurement cost.


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