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PROJECT PREDICTION by SEER ® PROJECT PREDICTION by SEER ® S E E R b y G A L O R A T H T h i s i s P r o j e c t M a n a g e m e n t u s i n g What is SEER? SEER is a Parametric Cost Estimation” solution for project management A predictive mathematical algorithm, which does the “heavy lifting” involved with analyzing project variables, how they interact with one another and how they contribute to costs and timescales. “parametric” is just a fancy word for “variable”. Demystifying Parametric Cost Estimation Think of an ideal world where even the largest project can be defined and described using just a few simple steps. Imagine having a solution which will identify and assign highly accurate risk levels for achieving project deliverables. Now think of how powerful it would be to change project variables and in seconds, see how that affects the project outcome. What Makes SEER Different? SEER is predictive SEER is top down and it can be used at a relatively early stage SEER is a trusted third party SEER estimates capture the complex dynamics of the software development process SEER is able to handle a very wide range of project circumstances and contingencies SEER estimates are probabilistic, permitting a more nuanced, risk-based perspective What Does SEER Do? SEER will: Examples Lockheed Martin Mission Systems saves 6 Man-Months per Proposal with SEER for Soft- ware. Lockheed Martin Mission Sys- tems was tasked with deliver- ing the Range Standardization and Automation(RSA) Program in 1995 for the U.S. DOD and the modernization of the two spacelift sites in the US. This required the submission of mul- tiple proposals, incurring a sig- nificant cost and taking valu- able time. Using SEER-SEM, Lockheed Martin was able to save SIX MAN-MONTHS per Proposal in the estimation process. Northrop Grumman Improved Commercial-off-the- Shelf (COTS) Integration Esti- mates Northrop Grumman Mission System's original proposal was based largely on internal research and development efforts undertaken at the com- pany's own expense. The cost of the project was estimated using Galorath Incorporated's SEER for Software estimation model, a parametric model that is a standard for software cost pre- diction and modeling at Northrop Grumman Mission Systems. The project was completed on schedule, met the customer's expectations, and declared a success. Upon completion, the work analysis was put through SEER-SEM and the results fell within seven percent of the actuals. General Dynamics Banishes Voodoo Economics with SEER. General Dynamics grappled with the “voodoo economics” of estimating costs in software development projects, and con- trolling them in the face of escalating cost overruns. The major challenge was in estimat- ing software costs, widely con- sidered to be a “black art” where a 100% margin of error was standard for cost. Even then, estimating lifecycle costs and identifying the fundamen- tal drivers for project deliver- ables was beyond the ability of many companies. SEER for Software provides General Dynamics with the ability to quickly and accu- rately estimate costs and the resources required, including estimates on developer experi- ence levels, to meet software development deliverables on budget and on time. A risk determination solution which will calculate the risk associated with the range of project outcomes based upon changing project parameters. A proprietary database of information on a very large number of completed, real-world projects. SEER is NOT a traditional Project Management Tool rooted in historical data and relying upon workflows. SEER is trusted by SEER’s highly interactive design let’s project managers “work” project estimates and explore tradeoffs for the optimal project mix, or you can simply obtain an estimate in seconds. the U.S. Department of Defense Boeing Ford Motor Company Northrop Grumman General Dynamics US Social Security Administration Raytheon National Security Agency (NSA) Honeywell UnitedHealth Care Lockheed Martin NASA IRS Oracle Bank of Canada Quickly describe your project – no matter how big or complicated Analyze and test tradeoffs between parameters Establish a risk profile for project variables and their impact on the project Reduced Costs Reduced Risks Effective Resource Planning Projects Delivered on Time In business terms, this means: it will result in: Cost reduction Accurate TOTAL COST OF OWNERSHIP (TCO) estimates Accurate MAINTENANCE COSTS Defendable and substantiated “SHOULD COST” estimates SEER by GALORATH delivers Business Competitive Advantage www.galorath.com

Predicting & Estimating Your Complex Projects Infographic

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Think of an ideal world where even the largest project can be defined and described using just few, simple steps. Now think of how powerful it would be to change project variables and in seconds, see how that affects the project outcome. Imagine having a solution which will identify and assign highly accurate risk levels for achieving project deliverables. This is Project Management using SEER by GALORATH

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Page 1: Predicting & Estimating Your Complex Projects Infographic

PROJECT PREDICTIONby

SEER®

PROJECT PREDICTIONby

SEER®

SEER by GALORATHThis is Project Management using

What is SEER?SEER is a

“Parametric Cost Estimation” solutionfor project management

A predictive mathematical algorithm,which does the “heavy lifting”involved with analyzing projectvariables, how they interactwith one another and howthey contribute to costsand timescales.

“parametric” is just a fancy wordfor “variable”.

Demystifying Parametric Cost Estimation

Think ofan ideal world

where even the largestproject can be defined

and describedusing just a few

simple steps.

Imagine havinga solution which

will identify and assignhighly accuraterisk levels for

achieving projectdeliverables.

Now thinkof how powerful

it would be to changeproject variables and

in seconds, see howthat affects the

project outcome.

What Makes SEER Different?

SEERis predictive

SEERis top downand itcan be usedat a relativelyearly stage

SEERis a trustedthird party

SEERestimatescapturethe complexdynamicsof the softwaredevelopmentprocess

SEERis ableto handlea very widerangeof projectcircumstancesandcontingencies

SEERestimates areprobabilistic,permittinga more nuanced,risk-based perspective

What Does SEER Do?

SEER will:

Examples

Lockheed Martin Mission Systems saves 6 Man-Months per Proposal with SEER for Soft-ware.

Lockheed Martin Mission Sys-tems was tasked with deliver-ing the Range Standardization and Automation(RSA) Program in 1995 for the U.S. DOD and the modernization of the two spacelift sites in the US. This required the submission of mul-tiple proposals, incurring a sig-nificant cost and taking valu-able time.

Using SEER-SEM, Lockheed Martin was able to save SIX MAN-MONTHS per Proposal in the estimation process.

Northrop Grumman Improved Commercial-off-the-Shelf (COTS) Integration Esti-mates

Northrop Grumman Mission System's original proposal was based largely on internal research and development efforts undertaken at the com-pany's own expense. The cost of the project was estimated using Galorath Incorporated's SEER for Software estimation model, a parametric model that is a standard for software cost pre-diction and modeling at Northrop Grumman Mission Systems.

The project was completed on schedule, met the customer's expectations, and declared a success. Upon completion, the work analysis was put through SEER-SEM and the results fell within seven percent of the actuals.

General Dynamics Banishes Voodoo Economics with SEER.

General Dynamics grappled with the “voodoo economics” of estimating costs in software development projects, and con-trolling them in the face of escalating cost overruns. The major challenge was in estimat-ing software costs, widely con-sidered to be a “black art” where a 100% margin of error was standard for cost. Even then, estimating lifecycle costs and identifying the fundamen-tal drivers for project deliver-ables was beyond the ability of many companies.

SEER for Software provides General Dynamics with the ability to quickly and accu-rately estimate costs and the resources required, including estimates on developer experi-ence levels, to meet software development deliverables on budget and on time.

A risk determination solutionwhich will calculate the risk

associated with the range of projectoutcomes based upon changing

project parameters.

A proprietarydatabase of informationon a very large numberof completed, real-worldprojects.

SEER is NOTa traditional Project

Management Tool rootedin historical data

and relying upon workflows.

SEER is trusted by

SEER’s highly interactive design let’s project managers “work” project estimates and explore tradeoffs for the optimal project mix, or you can simply obtain an estimate in seconds.

the U.S. Department of DefenseBoeingFord Motor CompanyNorthrop GrummanGeneral Dynamics

US Social Security Administration RaytheonNational Security Agency (NSA)HoneywellUnitedHealth Care

Lockheed MartinNASAIRSOracleBank of Canada

Quickly describe your project – no matterhow big or complicated

Analyze and test tradeoffs between parameters

Establish a risk profile for project variablesand their impact on the project

Reduced CostsReduced Risks

Effective Resource PlanningProjects Delivered on Time

In business terms, this means:

it will result in:

Cost reduction

Accurate TOTAL COSTOF OWNERSHIP (TCO) estimates

Accurate MAINTENANCE COSTS

Defendable and substantiated“SHOULD COST” estimates

SEERby GALORATH

deliversBusiness Competitive

Advantage

www.galorath.com