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  • Predictive Analytics for Improved Cost Management  

The Avascent Group Selects TruePlanning® From PRICE Systems For Integrated Estimating Capabilities

Mt. Laurel, NJ / August 4, 2010 / When the Avascent Group (avascent.com), a strategy and management consulting firm based in Washington D.C., needed a software application that could estimate software projects, IT equipment and structural systems on a single platform, they selected TruePlanning® from PRICE Systems (pricesystems.com).

"After evaluating our competitors, Avascent saw the tremendous value of an integrated estimating solution," said Brett Schultz, PRICE System's marketing manager. "They need to perform early concept estimation quickly and accurately and TruePlanning gives them that capability and much more."

Avascent provides management consulting services focused on strategic growth and value capture to firms in the defense, aerospace and government services marketplace. As part of their work, Avascent helps companies implement a strategic approach to business capture efforts, including"price-to-win" analyses, which provides a view of what competitors are likely to bid. Additionally, business development teams need to rapidly generate multiple solutions to identify a winning price. In selecting TruePlanning, Avascent was looking to obtain an efficient, rigorous, and effective estimating solution that would extend their ability to provide world-class support to their clients.

According to Avascent's president, Steve Irwin," We are always looking for tools that enable our team to provide clients with more rigorous, in-depth support to achieve their business objectives. After looking at a number of possible estimating solutions, we came to the conclusion that TruePlanning offered the best combination of analytic depth, flexibility, and accuracy. Moreover, PRICE Systems has decades of experience in our core markets, making them the obvious choice," Irwin concluded.

TruePlanning 2010 simplifies the design and management of complex projects by providing engineering perspectives that enable earlier, faster and more accurate cost and scheduling decisions. PRICE Systems, acknowledged as the developer of the first parametric cost modeling solution, has clients in the public and private sectors, including Lockheed Martin, NASA, Northrop Grumman and EADS.

About The Avascent Group

The Avascent Group (formerly DFI Corporate Services) is the leading provider of strategy consulting services to firms operating in industries at the intersection of business, technology and government policy. Avascent combines the analytic rigor and breadth of the large general management consultancies with the sector depth of a boutique firm to deliver sophisticated, fact-based and pragmatic solutions for clients.