Leveling Up Your Cost Analysis with Data Science Tools

Leveling Up Your Cost Analysis with Data Science Tools

Data is more abundant now than ever before. However, the majority of analysts in the cost community still use traditional methods and are not leveraging the power of modern data science tools. Many are overwhelmed by the different data sources, platforms and tools available and unsure where to invest their time and resources. How can we leverage the full power of data science and utilize analytic techniques such as automation, machine learning, interactive dashboards and more? How can we transform our Excel (or Excel-like) based processes in order to streamline results and make our analysts significantly more efficient?

It’s easier than you might think. This presentation will examine some practical steps that we can take in order to vastly improve our current processes and start to shift the cost community into the modern data science era. The authors will demonstrate the innovative ways that Air Force Cost Analysis Agency (AFCAA) is utilizing a cloud-based platform and various data science tools to transform our entire process from data ingestion/storage to end products and even end-to-end cost modeling with very little or no programming required!

Speakers:

Sarah Green is an Operations Research Analyst at the Air Force Cost Analysis Agency, currently leading AFCAA’s efforts to integrate data science tools and methods with more traditional cost estimating processes and techniques. She has worked in the cost estimating field for over 15 years, supporting a variety of agencies including the Air Force, Space Force, Navy and NATO. Sarah has a Masters in Systems Engineering and a Bachelors in Mathematics.

Capt Dakotah W. Hogan, CCEA® is an active duty Air Force officer assigned to the Air Force Cost Analysis Agency. His professional experience includes development and production cost estimating and analysis on the KC-46, F-35, and F-22 programs. Capt Hogan holds a Master of Science in Cost Analysis and a Data Analytics certificate from the Air Force Institute of Technology as well as a Bachelor of Science in Economics from the U.S. Air Force Academy.

Jacob Share is an Operations Research Analyst at the Air Force Cost Analysis Agency where he builds life-cycle cost estimates for UAV programs. While in government, he has developed Python models to streamline cost estimating and data analysis processes. Jacob has a bachelor’s degree from Tufts University.

RSVP online: https://us02web.zoom.us/meeting/register/tZ0tc-qgrzItGNZSpDv-TXTphOzly6iaq0Gt