Blog
Counting Trillions: Meet the Federal Budgeteers
Budgeteering: Not Your Average Bean Counting Let’s talk about a group of folks who’ve mastered federal budgeting—the budgeteers. These aren’t your garden-variety number crunchers. Budgeteers stand front and center, managing a colossal annual discretionary budget of nearly two trillion dollars, a figure that makes even the toughest calculators blink. When you consider the emergency supplementals […]
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What is Parametric Cost Estimation?
Parametric cost estimating is a statistical method that requires quantitative input. It’s a disciplined, objective approach that’s relatively quick to use and whose results are sensitive to changes in the value of the selected parameters. This approach is useful when available information is not very detailed, as this method considers past data and trends and […]
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Top 5 Mistakes When Integrating Systems with a CLM
Integrating Contract Lifecycle Management (CLM) systems with other essential business platforms—such as ERP and financial systems—has left teams with some battle scars in government contracting. Despite the clarity of the objective—to create a seamless operational framework—achieving this integration often proves to be a frustrating and time-consuming task. Here are five common pitfalls GovCons encounter when […]
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Unraveling the Digital Thread: A Tale of Transformation and Metrics
The Revolutionary Thread A data concept has recently emerged in modern business: the digital thread initiative. This isn’t just a run-of-the-mill technological development. It’s a revolutionary approach to reshaping how organizations conceive, create, and maintain their products and systems. A digital thread is a lifeline of data, weaving through the structure of an organization, linking […]
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The Economics of Defense: Navigating Through Pentagon Procurements
Strategic Withdrawal Defense contractors are turning down business from their largest and most reliable client, the Pentagon. This growing trend, publicized in a recent article by the Wall Street Journal, isn’t just a fluctuation in the defense industry’s business practices; it’s a stark indication of the deep-seated challenges now facing those who operate within this […]
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