The 2025 Industry Report on Cost, Schedule, and Risk

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Galorath Blog

Latest trends, insights, and thought leadership

Why Most ROI Models Miss the Real Value of Estimation

Executives rely on return-on-investment models to make decisions, but when it comes to cost estimation, most ROI frameworks miss the point. They measure tools instead of outcomes. They focus on software cost, licensing, or…

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10-Step Estimation Process Checklist Estimating Total Cost of Ownership (TCO) Should Cost Analysis ROM Estimate: The First Step Towards a Detailed Project Plan Software Maintenance Cost
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THE CEO’S CORNER

Artificial Intelligence: The Final Frontier. September 2024

I have been working with AI since the ‘90s, case-based reasoning since 2010, and generative AI for the past year.  I have seen it go from a wonder in the eyes of the more…

Dan Galorath

Dan Galorath,
CEO at Galorath

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THE CEO’S CORNER

Large language models struggle with arithmetic

About 3 calendar months ago ( about 16 dog years), I needed to do a Monte Carlo analysis. I thought it would be interesting to use AI. So I asked chatGPT, “Can you do…

Dan Galorath

Dan Galorath,
CEO at Galorath

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THE CEO’S CORNER

AI’s Got a Secret: How ChatGPT Knew About My Wife’s Blue Eyes

The other day I was testing out chatGPT with Canvas. When thinking of what do to test I entered a prompt “write a love letter to my wife Judy.” Weird, I know, but still…

Dan Galorath

Dan Galorath,
CEO at Galorath

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