Costing

Introduction, cost estimation process and its categories (pre-estimation, feasibility study, final estimation, costing), estimation accuracy, indirect costs, direct costs, personnel costs, out-sourcing costs, depreciation costs.

Costing methodologies and models

Wolverton model, Walston and Felix model, Bailey and Basili model, COCOMO, Machine Learning methods, Function Point Analysis (FPA).

Financial Feasibility Techniques: Business value, the context

Val IT principles, processes of Val IT, case study, internship. Cost benefit analysis (CBA), Time value for money, Net presence value (NPV) & Internal Rate of Return (IRR), Break Even Analysis, Return on investment (ROI), Payback period (PP).

Pre-award procurement phase

Call for Tender (Preparation, Publication, Notification), Tendering process, European Single Procurement Document (ESPD) and Virtual Company Dossier (VCD) for evidences, e-CERTIS mapping of qualification criteria for cross-border procurement.

Post-award procurement phase

eOrdering, eCatalogues, eInvoicing, new eInvoicing Directive.

Requirement Analysis

Identification of Business Processes, identification of key business processes and their correlation with business drivers, separation between strategic and cost requirements, costing of current processes, identification of key stakeholders and their influence on the priorities set, production of a requirements analysis document and its translation into solicitation document (RFP).

Contents of a notice issue

Organization description, system requirements, desired outcomes, measuring successful implementation, procurement requirements, schematic representations, architectures and definition of facility requirements, definition of desired technology, definition of processes selected to be automated, call for submission of the appropriate software and functionality (matching the requirements, which are covered by standardized software and those to be covered by software, which should be developed specifically for the specific organization/business), implementation, transfer of know-how and training of users, available resources from the suppliers to the project and resources available from the company to the suppliers, schedule – implementation plan, selection criteria and grading, contractual and legal requirements, payment plan, acceptance procedures, transfer of project operation responsibility to the company and completion of the contract, additional services . Hardware costs, operating environment – installation requirements, software, supply options, maintenance contract requirements, SLAs and desired level of support, implementation within the project, additional costs outside the project budget, what services/facilities/facilities the organization/business will make available to suppliers.

Costing model

Procurement/purchasing conditions, Definition of an internal procurement strategy based either on the Commitment to Competitive pricing policy or in contrast to a procurement strategy based on long-term collaborations (frame agreements), Cost of differentiation, Basic Principles, Determination of Cost Factors, Productivity and cost – Man-Day Cost, Materials, Development vs. purchasing an off-the-shelf solution, Cost of administration, Design of specialized IT manufacturing and costing models, Total cost of ownership, Simple vs. Complex costing models, Defining criteria and cost segmentation, Internal cost of Ownership, Cost of Ownership with availability of resources from suppliers, Availability of resources on demand, Construction of cost tables at the level of process or product, Definition of minimum conditions and increase of costs according to the desired result, Triangulation of data with the aim of improving costing models.

Supplier selection

Sources of potential suppliers, evaluation and rating of suppliers, supplier selection, suppliers with long-term cooperation relationships, Due Diligence, key points of a contract and related issues, legal issues and issues related to international transactions/collaborations.