Dan Galorath is founder and CEO of Galorath, a leader in cost estimation, actionable data and expertise for informed decision-making. Cost engineering has always been pivotal in balancing project ...

The goal of engineering analysis is to use models of the real world to simulate and predict the performance of a design with confidence, explore design modifications, and inform downstream ...

The ability to consistently get accurate cost estimates for new products and parts is elusive. Cost estimates are inherently imprecise, and the underlying drivers can change daily based on the price ...

Cost-efficiency analysis estimates the ratio of program costs to outputs created, allowing you to compare cost-per-output for programs which all produced the same output. Such analysis is useful when ...