Anthony DeMarco
Anthony DeMarco is the President and Managing Member of PRICE Systems, a company specializing in hardware and software parametric estimating.
Biography
DeMarco was president of PRICE during its former incarnation as a division of Lockheed Martin and retained the position when it became an independent company in 1998.
DeMarco led the design and implementation of the first application-specific integrated circuit cost-estimating tool. He soon added enhancements that produced the first parametric electronic module estimating system, which is still an avionics industry standard. He holds a patent on the PRICE labor and materials cost estimating model and, for the PC market, he designed XPERT/H, a desktop version of the PRICE Hardware Model.
In 1997 DeMarco was recognized for excellence in the field of parametric cost estimation when he was presented with the Frank Freiman Award, the highest honor given by the International Society of Parametric Analysts .
In 2001 DeMarco was selected by NASA Administrator Daniel S. Goldin to serve on the International Space Station (ISS) Task Force. He helped NASA to address cost growth on the program by assessing the quality of the ISS cost estimates as well as program assumptions and requirements, and by identifying high-risk budget areas and potential risk mitigation strategies. Using PRICE modeling, DeMarco found that the program was underestimated by more than $20 billion.
Education
DeMarco received a B.S. in mathematics from Saint Joseph’s University (Philadelphia, Pennsylvania) in 1979. He later attended the New Jersey Institute of Technology where he earned a masters in computer science in 1986.
Society Memberships
National Defense Industrial Association (NDIA) (Delaware Valley (Pa.) Chapter President) , International Society of Parametric Analysts (ISPA), Society of Cost Estimating and Analysis (SCEA).