Project Management Paradise8 Nov 2024

Episode 168: "Navigating Project Pricing & Project Estimation Challenges" with Richard Minney

In this episode, we sit down with Richard Minney, a seasoned expert with over 20 years in the Aerospace & Defense (A&D) and business software industries. Richard is the founder of Twenty5, a company that delivers specialized SAP software solutions tailored for large manufacturers and government contractors. With a strong focus on program management, costing, and pricing, Twenty5 effectively addresses critical gaps within SAP's ERP suite. Richard shares his journey from a career in business software to founding his own company, driven by a passion for helping organizations manage complex project pricing and estimation. Tune in as Richard dives into the fundamentals of project pricing and estimation, shedding light on the differences between these two concepts and the keys to getting them right. He shares common pitfalls that organizations face, insights into why projects often exceed budgets, and what might surprise listeners about project estimation. Richard also explains how Twenty5's innovative solutions empower businesses to overcome these challenges and offers invaluable advice from his own career. Don't miss this episode for expert insights on mastering project pricing and achieving cost efficiency in large-scale projects!

Connect with Richard on LinkedIn

Learn more about Twenty5 here

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