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Excerpt from WWW.FullCost.COM, © 2020 N. Dean Meyer and Associates Inc.

AUDIT YOURSELF BEFORE OTHERS DO!
a quick, objective assessment of your cost model

Audit Yourself Before Others Do!

Isn't it better to know all the weaknesses in your product/service cost model BEFORE others do!?

You've worked hard and done your best to develop a robust cost model — associating all your costs with your products and services. But another pair of eyes can help.

An objective assessment tells you what you can do to improve it.

It can also validate its strengths to help you defend it.

Benefits of a self-assessment....

Purpose drives requirements. The shape of a cost model must fit its intended uses. MORE....

Here's what we examine....

The value of using an outside expert:

  • Objectivity: The people who developed the cost model are typically too close to it to see its weaknesses.

  • Credibility: Even if you could be objective, the perception of objectivity is far greater if an arm's length expert authors the assessment.

  • Expertise: An outside expert brings the experiences of many organizations, as well as formal studies of theory. This ensures a more thorough review and sound, actionable recommendations.

The assessment process is done in 3 simple steps:

  1. Examination: 2-4 days with you to gather data (with more time required the more you've done to date); we'll talk about what you've done, working through a detailed list of questions, including the structure of your cost model, your process, your tools, and your documentation.

  2. Analysis: analysis and writing (back in our offices) result in a report of our findings — strengths and weaknesses.

  3. Presentation: 1-2 days with you to present the findings and discuss recommended next steps.


More on the theory of cost modeling....

Qualifications....


Next steps.... Other services.... Contact us....