Level 4 Ventures is a leader in business analytics, with support for cost model development, cost estimating, budget support, project oversight, complex acquisition support, and special financial studies.
Level 4 Ventures, Inc. applies computer models, industry benchmark data, and extensive experience to helping Senior Management, Project Management Offices, and Project Managers optimize their decision making and ensure success.
Level 4’s ExcelerPlan is the most flexible and powerful estimation tool available today, supporting estimation related requirement capture, estimation of all project costs, and earned value management based project status tracking.
Learn standardized, process, and benchmark driven approaches to ensuring successful IT projects.
Level 4 ‘s IT Project Success Training is an instructor led, virtual training program offering up-to 36 PDUs in total.
Level 4 supports complex government planning, programming, budgeting and monitoring (PPBE) activities for programs Commercially Hosted Infrared Payload (CHIRP), Hosted Payload Office, Space Environmental NanoSat Experiment (SENSE); and Conventional Strike Missile (CSM). Level 4’s support for the planning, programming, budgeting and monitoring (PPBE) cycle includes:
Planning: Identifying and tailoring required deliverables; development of integrated project master work breakdown structures and schedules; and development of project management supporting plans (e.g., Risk Management Plan).
Programming: Supporting the process of optimally selecting and scheduling of projects within a resource constrained environment, and forecasting the impact of various possible scenarios for project execution.
Budgeting: Budget formulation, justification, and execution. Part of this work involves working within organization specific review, approval, and oversight structures for projects.
Monitoring: Monitoring project and portfolio performance using a combination of fiduciary oversight (e.g., expenditure reconciliation) and techniques such as earned value management (EVM). ExcelerPlan implements an extension to traditional EVM with support for monitoring project health across the dimensions of schedule, cost, effort, quality, and risk.
Level 4 has prepared more than 500 independent cost estimates covering projects with a combined value over $7B, with a combined accuracy to date better than +/-5%.
Independent cost estimates are used by government agencies as part of the feasibility/budgeting process; used to support vendor negotiations; and used to verify cost reasonableness in situations where less than three vendor bids are available as required by the Federal Acquisition Regulations. For large procurements, independent cost proposals may be requested by a bidder to support their cost proposal development, or to perform a competitive pricing analysis.
A formal independent cost estimation process integrated in the change management process is particularly critical for large, long-term projects. These projects will normally have a significant number of change requests over the life of the project, and by their nature these change requests will be non-competitive. Without a previously agreed to estimation oversight function, there are few if any constraints on the vendor when pricing each change request.
Business Requirements: Capture business requirements at a level of detail sufficient for estimation purposes
Requirement Traceability: Trace requirements to specific estimation components, and track project progress in terms of completed business functionality
Cost/Effort/Schedule Estimation: Full support for estimation of cost, effort, schedule, engineering artifacts such as test cases, quality metrics including defects, breakdowns by role, and generation of populated work breakdown structures.
Project Status/Dashboard:Track project health across all dimensions, including schedule, effort, cost, quality, and risk.
Earned Value Management: Simple, easy to apply earned value management calculates a schedule performance index, effort performance index, cost performance index, quality performance index; forecasts of schedule, effort, and cost to complete based on performance to date; and forecasts on completion for schedule, effort, and cost based on performance to date.
Resource Planning: Model supported allocation of effort across specific organizations, organizational units, or down to individuals.
Founded on December 31st, 1993—Level 4 Ventures, Inc. (Level 4) is a leader in business analytics, with support for cost model development, cost estimating, budget support, project oversight, complex acquisition support, and special financial studies. We have developed benchmark databases, models, and tools to support infrastructure cost modeling; acquisition cost and schedule modeling; and benefit forecasts. We have extensive experience in the area of financial management and budget support for space-related research, development, production, and lifecycle acquisition activities.
Prime Contract Vehicles: GSA MOBIS (GS-10F-0008X), GSA Schedule 70 (GS-35F-040AA), SeaportE, multiple service agreements with California, Texas, Washington, and Florida.
Primary NAICS code: 541611 | Cage Code: 0WVF4 | DUNS: 620069398 |
GSA SINS: 874-1 Consulting Support, 874-6 Acquisition Support, 874-7 Project and Program Management,
132-51 Information Technology Professional Services.
Level 4 is a small, service disabled Veteran owned business.
"Level 4 is committed to challenging the software paradigm of widespread over budget development by providing the market with tools and services that utilize the industry's best practices."
Bank of America, Executive Vice President Doug Sawyer
“Able to quickly adapt when the scope and priorities shifted. Very cost conscious.”
Ronald S., U.S. Department of Energy
"Cost Xpert is a comprehensive solution to software cost estimating. It supports the best estimation methodologies in practice today. Overall, we are very happy with this product."
Hans Mumm, SPAWAR
“Focused, analytic and articulate… our net savings in the Internet space was well in excess of $1 million a year…”
John O, Wells Fargo Bank
“On-time, high quality, clear, complete. Truly outstanding work.”
Joan H., Accenture
“Level 4 met or exceeded all milestones and delivered a completely satisfactory report ahead of schedule and under budget.”
Kyle D., California Public Utility Commission
“The Standish Group spoke to several government contracted software development and maintenance organizations that used [Level 4’s] Cost Xpert to calculate development project costs and to track their project effort. These organizations expressed high regard for Level 4 as a company and lauded the positive results they obtained in using the Cost Xpert product.”
The Standish Group
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