MT. LAUREL, NJ / December 13, 2007 / PRICE Systems, L.L.C., the world leader in cost estimating and analysis solutions, today announced new features and enhancements to its TruePlanning® 2007 framework. Released in June 2007, TruePlanning 2007 is a complete suite of integrated cost models and benchmarks, along with powerful, fast knowledge management, which enables the cost, schedule, and risk management estimation and analysis of product and IT system lifecycles.
"We designed these latest enhancements for TruePlanning 2007 to empower our customers to better plan and manage their most critical projects," said PRICE Systems President Anthony DeMarco. "Armed with both the most accurate, up-to-date data available, along with greater speed, flexibility, and robust integration features, our world-wide customer base — which ranges from commercial enterprises and financial institutions to government agencies and aerospace and defense firms — can now make the crucial, enterprise-wide decisions necessary to keep their projects on time and on budget."
Enhancements to the already-robust TruePlanning 2007 framework include:
Further, TruePlanning 2007 now can more easily integrate with other tools. Its integration with Parametric Technology Corporation's (PTC) Pro/Engineer allows engineers to keep cost considerations in mind when creating a design that meets requirements. A Pro/E user with a TruePlanning license can have TruePlanning develop a complete estimate of his or her design product with a few simple clicks. This capability is provided by the Affordability Companion, a Pro/E plug-in developed by PRICE Systems. This integration further strengthens PRICE Systems' Silver Partner relationship with PTC.
In addition, TruePlanning includes new features, such as:
"Our latest upgrades to TruePlanning 2007 solidifies our intent to deliver a truly enterprise-wide, deployable tool that delivers quick, accurate project costs estimations for both IT and product lifecycles, thus mitigating risks," said DeMarco. "Further, we received economic data support from Finland, the Philippines, Thailand, and Vietnam, which we leveraged to update our resource pools to reflect new labor rates and recent escalation data."