04/19/2310 October 2004 EastWise meeting1

RWF Consulting for EastWiseRWF Consulting for EastWise

Ralph W Farrington方若福RWF Consulting, USA方若福咨询fangrf@rwfconsulting.comhttp://www.rwfconsulting.com/

2004 年 10 月 10 日

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Introduction Introduction

RWF Consulting - Ralph W. Farrington ( 方若福 ) a professional in cost estimating since 1976.

Trained in PRICE System CAPE (Computer Aided Parametric Estimating) in 1989.

Parametric estimating requires an integrated system:

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Parametric Estimating System

ReliableDatabases

Calibrated andValidated Techniques

Experienced Estimators

Policies andProcedures

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RWF Consulting will support RWF Consulting will support EastWise and its customers EastWise and its customers development of :development of :

Reliable databasesExperienced (trained) estimatorsCalibrated and validated techniquesPolicies and Procedures(Parametric estimating system requirements

from PEIH 2nd edition, 1999)

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RWF Consulting will support RWF Consulting will support EastWise and its customers EastWise and its customers parametric activities in China: parametric activities in China:

China support of train-the-EastWise-trainer activity.

China support of EastWise training of its customers.

China presence for EastWise support of its customers

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VocabularyVocabulary Parametric Cost Estimating 参 数 化 估 算 ( 方 法 )

– a cost estimating methodology using statistical relationships between historical costs and other program variables such as system physical or performance characteristics, contractor output measures, and manpower loading. An estimating technique that employs one or more cost estimating relationships (CERs) for the measurement of costs associated with the development, manufacture, and/or modification of a specified end item based on its technical, physical, or other characteristics. (PEIH 2nd edition, 1999)

PEIH – Parametric Estimating Initiative Handbook, 2nd edition (1999) available at:

http://www.ispa-cost.org/PEIWeb/newbook.htm

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RWF Consulting Long-term Plan RWF Consulting Long-term Plan

Continued support for EastWise, Prigent and PRICE Systems in China and Asia.

Establish a training center in China to develop a core of trained Chinese cost estimators and core of Chinese trainers of cost estimators.

Integrate Parametric Cost Estimating into Chinese advanced business practices.

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SummarySummary

RWF Consulting is ready to support the Chinese parametric initiative.

This is a long-term joint endeavor.Success will be measured by widespread

adoption of parametrics in China.

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谢谢Ralph W Farrington方若福RWF Consulting, USA and China方若福咨询美国和中国fangrf@rwfconsulting.comhttp://www.rwfconsulting.com