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Overview

I-Cost is the first project cost system available for corporate intranets. It combines powerful features with a simple web interface, resulting in the best project cost measurement system available. Information in I-Cost is global - files can be used for specific projects or for enterprise-wide purposes.

1. Structure Files: Hierarchical files are used to summarize costs (like a WBS). I-Cost supports an unlimited number of structures that can be attached to the Control Account, tasks or resource levels.

2. Code Files: User-defined fields that are used for filtering. I-Cost supports an unlimited number of codes that can be attached to the Control Account, tasks or resource levels.

3. Rate Files: Rate files can contain an unlimited number of rates that can be escalated over any period of time.

4. Flexible Resource Tool: Using I-Cost’s Resource Tool, you can build your own calculations for budgeting and/or pricing. Each line item can be added, multiplied, divided or subtracted from another line item. With this flexibility, I-Cost can match any company’s cost structure.

Budgeting: I-Cost’s budgeting interface is intuitive and easy to use. It uses a tree structure for navigating through control accounts and work packages. Budgeting is conducted in a spreadsheet environment, making it easy to build and edit cost calculations. The budgeting interface can be customized to suit specific users’ needs. Unique algorithms allow any line item in the budget spreadsheets to be back calculated. In other words, enter dollars and ‘back calculate’ hours or vice versa. Forecasts and actual costs can be viewed from the same budgeting interface. Cost information can be accessed anytime, anywhere.

ANSI EVMS Standards: I-Cost supports all standard, earned value techniques. This ensures objective performance measurements that suit any situation. Milestones are automatically weighted to match the resource spread.

Forecasting: I-Cost supports all of the standard calculated forecasts. It also allows for manual forecasting. As needed, forecasts can be respread and/or frozen. I-Cost is so flexible it can support any processes and procedures with no need for change in a companies standard operating procedures.

Schedule Integration: With I-Cost, you can integrate project schedules for automated statusing, resource loads and reporting. It is easy to discover what is driving schedule variances using I-Cost’s integrated reports.

Easy Month-End Process: The month-end process for statusing is presented in the order in which events happen during month end.

Flexible Reporting: I-Cost reports can drill down to any degree of detail. Unlimited levels of information can be examined. Subtotals can be color coded for quick reference. All reports can be saved in HTML or Excel format. I-Cost’s reports make it easier for companies to comply with the ANSI- EVMS standard.

Virtual Manager’s Notebooks: Virtual notebooks provide managers with easy access to key reports. I-Cost reports can be automatically e-mailed to managers, providing immediate access to critical information.

Cost Classes And Reporting Sets: With I-Cost, it is easy to create “what-if” scenarios. You can attach rate files and budget changes and create reports using company-specific syntax.

Web Centers - Using I-Cost, users and/or teams can create project Web pages. Drag-and-drop document sharing and links to projects and processes make it easy to share project information.

Automatically Track Corrective Actions: Track project action items and corrective measures using an action item database with automated e-mail.

I-Cost manages critical information for projects and organizations, regardless of size, platform or legacy system. It is Java-based, platform independent and built to take full advantage of Internet technology. With its goal-seeking features that provide top-down factoring, global replanning and global recalculation, project costs can be managed better than ever before.

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