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© 2024 N. Dean Meyer and Associates Inc.
Excerpt from www.NDMA.COM, © 2024 N. Dean Meyer and Associates Inc.

The "Blitz": FullCost Tool and Method

work with your project team to quickly set up the initial model, using your existing data

Once you've licensed FullCost, the ultimate cost-modeling tool, we'll train your staff in both the tool and the method.

Additionally, in the spirit of "the best way to learn is to do," we'll coach your team through each step in the process of setting up your cost model, gathering the needed data and quickly setting up a new cost model that produces your rates and your budget.

Benefits

  • Your project team learns the concepts, data flows, and the software, enabling them to set up your model and repeat the process in future years.

  • We configure the model and the software with you.

  • We help you set up a partial model, with a clear understanding of how to finish it.

  • We generate examples and patterns you can use to complete the model.

  • Your project team learns the meaning of the data, and can better explain results.

  • There's less risks of mistakes (wasting time on dead ends).

  • Just-in-time training for your project team results in a deeper understanding and better retention.

  • Your executive and project team spend less time and effort studying and leading the process.

  • We review much of the data, producing a higher quality (more defensible) result.

  • We contribute to your existing data, stimulating new thinking (e.g., developing a service catalog beyond what you have already).

  • We identify areas where your data is missing or needs improvement in the future.

  • Our working alongside your project team reduces the risk of project delays.

  • Your executive and project team spend less time and effort combing the data for errors.

Cost

Elapsed time: 8-9 months

Consulting days: 40

Approximate cost: $200,000 - $260,000 (plus license, materials, travel)

Level of effort: Project teams typically spend full time throughout the process. Leaders can expect to invest time after the model is set up -- to understand it, to correct it, and to add to it.

Detailed project plan, workshop agendas, tasks....

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