10/27/20 11:20 AM
Summit Consulting has partnered with Virginia Polytechnic Institute and State University (Virginia Tech) to conduct data analysis and policy investigations for our clients. Our partnership with Virginia Tech is multifaceted and includes teaming up with expert staff for proposals, providing curricula direction, and driving student recruitment.
Topics: Summit Blog, recruiting, statistical applications, Virginia Tech, curriculum guidance
10/23/20 10:33 AM
Back in March, I posted about how Summit is approaching our forecasts for the U.S. economy during the COVID-19 pandemic and how we are creating reactive and flexible models that overweight new or recent data compared to traditional models. In the six and a half months since then, the volatility in many economic measures proven remarkably persistent. Or, to put it more bluntly: the economy is still a wild ride. As such, I am sharing a few notes on the key factors that are driving the current state of the economy, as well as the indicators that I am watching closely to understand what might come next.
Topics: Summit Blog
10/21/20 1:33 PM
Estimating costs is a fundamental step in conducting successful federal projects. Poorly conducted cost estimations can lead to project delays, wasted money, and lost trust.
To avoid the pitfalls of poor estimations, some federal projects will benefit from using an Independent Government Cost Estimate (IGCE). The risks of ad-hoc analysis and the benefits of a robust IGCE are contrasted in the below graphic from Summit Consulting's "Applying Cost Estimation to Federal IT Modernization" white paper.
IGCE Process Comparison: Robust IGCE vs Ad-Hoc Analysis
COVID-19 has injected uncertainty into the mortgage industry. Reflecting on previous crises can provide guidance on the trajectory of the industry.
Topics: data analytics, Complexity Simplified (podcasts), COVID-19, Summit Blog, models and valuation techniques
The COVID-19 outbreak reminds us that low-probability, high-risk events are inevitable. Therefore, responsible organizations must be prepared for any event, even if their form is hard to predict.
Topics: data analytics, white paper, COVID-19, Summit Blog, unforeseen risks
Topics: data analytics, Complexity Simplified (podcasts), COVID-19, Summit Blog, WIFIA
8/27/20 9:19 AM
In our most recent episode of Complexity Simplified, Founder Dr. Albert Lee sits down with Dr. Simon Wu, Chief Economist at Municipal Securities Rulemaking Board to discuss the impact COVID-19 has had on the municipal bond market.
Topics: data analytics, Complexity Simplified (podcasts), COVID-19, Summit Blog, municipal bond market
8/20/20 7:45 AM
In our most recent episode of Complexity Simplified, Partner Anthony Curcio sat down with John Ryan of InRecap to discuss WIFIA, the EPA's water infrastructure loan program. How does WIFIA work, and what has been the key to its success? How much value has it provided for taxpayers?
Topics: Complexity Simplified (podcasts), infrastructure, Summit Blog, WIFIA
8/11/20 1:13 PM
Each summer, Summit Consulting accepts a group of 10-15 talented and motivated Summer Associates (Interns).
Topics: summer interns, Summit Blog
7/30/20 10:38 AM
In this podcast, Summit Consulting Manager Kellen MacBeth talks with Agile Coach and Summit Senior Consultant Derek Hills sharing his experience transitioning USDA’s Business Modernization Office from traditional project management practices to Scrum, and also reveals how – after some initial struggles and skepticism – his group embraced the change and quickly improved its focus, productivity, quality, and teamwork.
Topics: Complexity Simplified (podcasts), Scrum, Summit Blog, project management