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2022 August Luncheon
August 29, 2022 @ 12:00 pm - 1:00 pmFree
Please join the Washington ICEAA Chapter for 2022 August Luncheon
Sustainment Analysis Methodology for Cost Models and Business Cases with Cobec’s George Bayer and Austin Lutterbach
August 29th | 12:00 to 1:00pm eastern
via Microsoft Teams | RSVP online
Government legacy infrastructure systems often require detailed sustainability analyses – historical parts failures analysis, parts’ procurement, end-of-life, and economic analyses – to
- forecast the optimum date for an acquisition to replace aging infrastructure with a New Investment or Tech Refresh,
- conduct a cost-benefit analysis to justify further F&E investment, and
- provide a standard sustainment cost estimate (procurement, corrective and preventative maintenance) for government acquisitions.
Program offices utilize sustainment data and analyses to justify future investments. Second level engineering uses sustainment analysis to evaluate strategic sustainment options. And, F&E budget offices evaluate investment urgency based on legacy system, end-of-life cost estimates.
Understanding factors, process methodologies, and sustainment analyses drivers can help cost estimators make data-driven decisions and demonstrate the criticality of infrastructure replacement projects. Using a proven approach of research, parametrics, and software algorithms, the team demonstrates an optimum process and approach for sustainment analysis.
George Bayer and Austin Lutterbach will review the models and methodology they have developed to support the FAA’s decision making and infrastructure sustainment that help keep US airports and flights running smoothly.
George Bayer, a Senior Director at Cobec Consulting with over 20 years of Finance experience, manages cost and benefits estimating teams, directs investment analysis and infrastructure sustainment efforts, and provides program management support for the Federal Aviation Administration (FAA). Prior to the FAA, Mr. Bayer led economic analyses and DCF valuations for Power Generation and E&P at BP and ConocoPhillips and financial management at Disney. Mr. Bayerhas a PMP certification from the Project Management Institute (PMI), a BSBA in Finance and English from the University of Florida, and an MBA from the University of Texas at Austin in Corporate Finance.
Austin Lutterbach, an analyst and data scientist at Cobec Consulting, conducts data and sustainment analyses for major Federal Aviation Administration (FAA) acquisitions. He has a BS in Mathematics and Statistics from Purdue University and a MS in Operations Research from Cornell University. In various academic research projects, he has designed statistical software and utilized linear programming, machine learning, and R to develop optimization models.
- This event is free for both ICEAA member and perspective members
- Location: Microsoft Teams
- Please RSVP on or before August 26th.
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