Description:
Public acquisition processes demand a careful balance between cost, quality, and risk. Traditional methods often overemphasize price, exposing contracting agencies to hidden costs and long-term risks.
In this webinar, Christer Fröling will present a comprehensive acquisition benchmarking tool that builds on the Constructive Systems Engineering Cost Model (COSYSMO 2.0). By combining COSYSMO with Technology Readiness Levels (TRL), the Capability Maturity Model Integration (CMMI), ANSI/EIA 632, and a Total Cost of Ownership (TCO) perspective, the model delivers a structured, transparent, and evidence-based approach to decision-making in public procurement.
This methodology enables contracting agencies to:
- Improve cost estimation accuracy through evidence-based data calibration.
- Evaluate supplier maturity and technical readiness using CMMI and TRL frameworks.
- Assess lifecycle risks by applying TCO analysis to acquisition decisions.
- Classify and evaluate requirements quality with INCOSE’s Guide to Writing Requirements (GtWR), segmenting requirements into easy, nominal, and hard categories.
By integrating requirement quality analysis (correctness, completeness, and consistency) with lifecycle cost perspectives, the model ensures that procurement officials can make fair, transparent, and well-informed decisions.
Ultimately, this approach helps agencies answer the critical question:
Who is the best supplier from a technical, economic, and project perspective, and what risks are involved?
Key takeaways
- Understand how COSYSMO 2.0 supports evidence-based cost estimations in acquisitions.
- Learn how TRL and CMMI contribute to structured risk and capability assessments.
- Gain insights into building a Total Cost of Ownership (TCO) perspective for long-term planning.
- Explore how requirement quality analysis (GtWR) strengthens procurement decisions.
Date:
Thursday, October 30, 2025, 5:00 PM CEST (Madrid)/ 8:00 AM PDT (Los Angeles)/ 11:00 AM EDT (Detroit)
Friday, October 31, 2025, 9:00 AM CEST (Madrid)/ 4:00 PM JST (Tokyo)/ 5:00 PM AEST (Sydney)
Registration:
Thursday, October 30
Friday, October 31
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