Case in Point: Pryor Development Services

Pryor Development Services (PDS) provides software development and management services to companies in the gas and oil industries. The culture of these industries is one in which contractors traditionally work through firm fixed-price contracts, so for PDS to operate effectively (i.e., profitably), it needs the ability to schedule and cost its work accurately. PDS addresses this need in part through a three-step planning process. For step one, the company uses a technique it calls "task classification." When planning the development phase of a project, a focused PDS planning team, consisting of both managers and technical members, analyzes the requirements with the purpose of assigning them to particular ...

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