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  • Predictive Analytics for Improved Cost Management  

PRICE Systems Improves Workforce Productivity with the Release of TruePlanning 2008

New Release Assures More Accurate and Faster Processing, Enabling Confidence in a Project's Success

MT. LAUREL, NJ / June 24, 2008 / The latest release of TruePlanning by PRICE Systems (www.pricesystems.com) called TruePlanning 2008 was announced today. TruePlanning 2008 provides new upgrades to usability, significant enhancements to the Common Estimating Framework, and overall improvements to the Systems, Software, IT, Hardware and COCOMO estimation capabilities.

TruePlanning 2008 is a complete and robust suite of integrated cost models and benchmarks, along with powerful, fast knowledge management. It enables the cost, schedule, and risk management estimation and analysis of both product and IT system lifecycles. PRICE Systems, whose clients include the Fortune 1000, Federal, State, and International Governments, and major Aerospace and Defense companies, is the world leader in estimating and analysis solutions.

"In TruePlanning 2008, we focused on features that improve our customers' productivity," said PRICE Systems President and Managing Partner Anthony DeMarco. "We added powerful scheduling features that instill estimating confidence and we made all aspects of analysis faster.  Initial customer response has been exceptional, igniting excitement throughout our industry."

The key features of the TruePlanning 2008 release are:

Speed—With several critical architectural changes, the performance of TruePlanning 2008 is now, at minimum, 10 times faster in all facets of processing and computations.

Planning and Managing Project Schedules:

  • Gantt View—The analysis and display of integrated schedules can now be made in a graphical format.
  • Milestones—This new feature enables customers to anchor their hardware project schedules based on the expected delivery of their first production or prototype unit.
  • Schedule Constraints Capabilities—Impact determination on the amount of work required for projects and cost estimates can now be made with scheduling adjustments.
  • Tabular View Schedule—As a newly advanced feature, it is now easier to compress or stretch any project schedule, according to organizational needs, and adjust it by setting activity start and end dates.

Productivity:

  • Productivity Enhancement through Integration—With this release, customers can import Bill of Materials from a MRP System, import directly from an ERP system, and import requirements data.
  • Integration with Microsoft Excel—Quick and seamless automatic importing of activity, resource, and cost information and escalation data is now enabled with this release. Customized reports can now be created as well.
  • Integration with Microsoft Project—With this new connection, project data and cost estimation can be performed on a bi-directional basis. Scheduling information can be customized throughout the lifecycle of a project.

In addition, considerable upgrades, improvements, and new development capabilities affecting Systems, Software, IT, and Hardware estimation are now available in the TruePlanning 2008 release.