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Convergence
India 2005
March
11, 2005
PRICE launches suite of cost estimating,
knowledge management tools
UNITED
STATES -- PRICE Systems recently announced the availability
of TruePlanning 2005, its suite of cost-estimating and
analysis models and knowledge management tools. PRICE's
TruePlanning will help project planners improve estimating,
forecasting and management of complex software, IT and
weapon system projects, thus ensuring program affordability.
It includes PRICE cost models, industry-specific, standard
parametric cost models and benchmarks for software and
IT.
Features
have been improved and added throughout the suite, including
improved usability, powerful reporting tools and embedded
uncertainty analysis capability. In this release, special
attention has been placed on addressing the critical
need to improve cost planning and management of commercial-off-the-shelf
(COTS) projects. The TruePlanning 2005 provides a methodology
and visibility into risk areas for selection, control
and delivery of COTS projects.
Tony
DeMarco, president and CEO, PRICE Systems, said: "Federal
organisations are relying more on commercial applications
to supplement, enhance or replace proprietary systems.
We have embedded methodology into our product to ensure
successful implementations of COTS components. Our COTS
methodology white paper, which has won numerous awards
at the International Society of Parametric Analysts
and Society of Cost Estimating and Analysis Conferences,
serves as the foundation for this feature and proved
to be a viable solution in the cost estimating community."
Contact:
PRICE Systems
Tel: +1-856-813-2757
vincent.ferrara@pricesystems.com
www.pricesystems.com
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