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We invite our customers, partners and interested parties to "Cost Smarter - The Conference for Enterprise Product Costing". The top event for costing experts will take place on December 2, 2021.
The most important facts at a glance:
Date: December 2, 2021 (add to calendar)
Event location: tbd
Price: free for our customers and partners
Effective and Efficient Cost Estimating and Quoting can mean the difference between profit and loss based upon very slim margins in the motor vehicle industry. Most companies try to manage this with sophisticated spreadsheets that can be a nightmare to track with the myriad of changes in quotes and after SOP.
FACTON has been helping global companies turn cost estimating and quoting into a competitive advantage for our customers. Spend an hour with FACTON’s costing experts to learn how they do it.
Parametric modeling is an estimating method that uses project technical and programmatic characteristics to estimate project cost and/or schedule. It is a key technique for developing objective, consistent, repeatable, and accurate estimates. In this webinar you will learn the fundamentals of parametric modeling, including a hands-on worked example. Topics covered include practical considerations for real-world usefulness, techniques for avoiding overfitting, the role of machine learning in parametric modeling, incorporating uncertainty, and whether you should develop your own parametric models or use commercially available ones.