US Federal Government agency leverages QSM Consulting and SLIM tool to evaluate vendor bid for mission critical project.
ChallengesU.S. Federal Government Agency with over 8,000 employees had a mission critical project to redevelop an automated loan examination review tool. They were concerned the bid from their in-house vendor was too high.
SolutionQSM used function point analysis and SLIM® to perform an independent bid assessment. QSM compared the vendor bid with a sample of similar projects from the QSM benchmark database.
OutcomesQSM analysis revealed that the vendor proposed cost, effort and schedule duration were about one standard deviation worse than average. QSM proposed an alternative plan to client that reduced costs by $600K.