Public-sector programs large and small are susceptible to cost overruns. Herren is a catalyst, helping executives make the right decisions in the dynamic market. Our disciplined approach takes into account budgetary challenges, new technologies, and changing program requirements. Our long history of well-defined processes resulted in over one billion dollars of federal cost savings in the last five years alone.
Small cost differences can have a significant impact over the life of a program – contributing to cost overruns, benefit shortfalls, and schedule delays. Our data-driven framework helps organizations accurately evaluate risks, forecast costs, and quantify program benefits.
“The measure of success is not whether you have a tough problem to deal with, but whether it’s the same problem you had last year”
-John Foster Dulles, former Secretary of State
Cost Estimation
Herren’s team views cost estimation as a multistep, strategic process. Our certified cost estimators identify cost baselines throughout the program lifecycle, using industry standard cost estimating techniques backed by decades of experience in cost estimation for public-sector programs.
With our proven analysis and modeling methodologies, Herren delivers an accurate, defensible cost estimate that helps decision makers quantify risks, meet objectives, and accelerate success.
Economic Analysis
Executives need access to accurate, relevant, and timely analysis of the economic landscape to make data-driven decisions. Herren’s team brings nearly 30 years of disciplined, forward-thinking experience to optimizing resource allocation, investing in large-scale capital projects, and developing forecasts using advanced statistical software.
Herren draws together the economic research and data to create actionable insights that empower public-sector leaders to make informed choices.
Cost Research
With limited resources, public-sector decision makers can’t afford to be wrong. That’s why future-focused leaders rely on Herren to provide the cost research expertise that underpins smart decision-making.
Our seasoned cost analysts use innovative analytics and modeling techniques to analyze costs, quantify risk, and identify alternative options. We not only know the numbers – we know what’s behind the numbers, and we’ll help you use these insights to advance your mission.