About PRICE Systems
Increasing the Quality of Strategic Decision Making through Fast, Accurate, and Credible Estimating
What Does PRICE Systems Do?
PRICE Systems provides unbiased, cost estimating software solutions and services that automate the estimating process and deliver high-quality, accurate estimates of costs, benefits, schedule, effort and risk that take less time and money to produce.
TruePlanning by PRICE Systems gives decision makers a rock solid foundation for making a host of strategic decisions. TruePlanning strengthens buying power, increases productivity, restores affordability and allows organizations to win more buinsess using less time and resources.
What Makes TruePlanning Different?
- A single framework that estimates and calculates integration costs of diverse systems: Software, Hardware, IT, and Systems of Systems (SoS)
- Combines historical data from 11,000+ actual projects, the latest industry benchmarks, extensive cost research (30+ years), and mathematical algorithms to ensure fast and accurate estimates of complex systems
- Calibration with organizational data allows models to learn and refines accuracy
- PRICE's expert analysts have over 300 years of combined industry experience to mentor, train and implement TruePlanning
Organizations have embedded PRICE models as decision engines to key business processes such as:
Planning & Budgeting
Design Studies
Bid & Proposals
Source Selection
Program Management
Affordability Management
Cost Management
Screen Shots and Details
Estimating Software
Estimating Hardware (Electronic & Mechanical)
Estimating IT Infrastructure
Estimating System of Systems Configurations
Estimating Benefits (financial and non-financial)
What Do Our Customers Say?
Our customer base consists of more than 350 of the world’s leading government agencies, aerospace and defense contractors and manufacturers, and commercial organizations. PRICE Systems’ customers consistently praise us for our powerful functionality, excellent customer support, and the quick return on their investment.
But don’t just take our word for it, click here to see what customers are saying about us and to see our list of customer success stories.
When was PRICE Systems Founded?
PRICE Systems’ cost estimating software was developed in 1971. Originally developed as a division of RCA and later as a strategic business unit of Lockheed Martin Marrietta. PRICE Systems is the pioneer in the science of parametric modeling and became an independent, privately held company in 1998.
How Can I Get Started?
To get started contact a sales representative today!
More Information
TruePlanning® Cost Estimating Software
Comprehensive cost estimating software and analysis, and knowledge management tools
TruePlanning® Professional Services
Mentored application of TruePlanning® tools on a select set of your projects, side-by-side with your people
TruePlanning® Training
Hands-on, case study based classroom instruction led by PRICE Consultants utilizing TruePlanning® tools
Solutions are Powered by PRICE Research™, a global network of cost experts actively engaged in data collection and analysis, and the industry's most-effective independent cost research organization.
