Every company’s survival and progress depend based on proper estimation of its costs and estimation of product or service pricing. Every cost-conscious executive, specific project manager, cost estimator, planner or organization needs to improve their cost estimation success. 

This seminar endeavors to illustrate and explain how to develop costs and how they can be used not only to estimate the product cost, but also how to use them to determine a competitor’s likely bid price. It explores the estimating methods typically used to estimate costs and explains the advantages and disadvantages of each, demonstrate several estimating methods, and includes a cost estimating methodology that participants can tailor to their own organizational needs.