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  • Predictive Analytics for Improved Cost Management  

PRICE Systems to Provide Cost Estimating and Project Control Services to Largest Bank in France; Enters into Commercial Marketplace

PARIS, France / August 20, 2005 / PRICE Systems, the world leader in Project Affordability Management solutions, today announced a major win for its Cost Estimating and Project Control services with Crédit Agricole, France's largest bank.

"PRICE Systems is dedicated to large commercial enterprises implement consistent, credible and successful cost management practices," said Anthony DeMarco, president of PRICE Systems. "We are pleased to be able to help these organizations gain a true view of the cost and effort of their complex IT projects and therefore control and deliver them more effectively."

Crédit Agricole selected PRICE Systems because of their Cost Engineering expertise, associating TrueMethods' Best Practices and TruePlanning as a supporting tool framework. PRICE Systems is now engaged in a Proof of Concept, which will improve the Budget Planning process through credible cost estimates for all of their IT projects.

The new win launches PRICE Systems into the Commercial marketplace. With the addition of Crédit Agricole to its client list, PRICE Systems has increased its global portfolio and extends their Program Affordability Management solutions into new market segments.