I-Cost Shipping September, 2000.

August 5, 2000 San Diego, CA – Rational Concepts, Inc, announced that I-Cost, the company’s powerful, new cost management software system will begin shipping in September of this year. I-Cost is a pricing, budgeting and earned value tool focused on cost solutions for project management. It supports the ANSI EVMS standard. Platform-independent, I-Cost is Java-based and built to take maximum advantage of Internet technology. Dan Cornell, President Of Rational Concepts, reports that, "Feature for feature, I-Cost is the most powerful project cost management tool on the market. This latest addition to our portfolio of project management solutions was developed by earned value experts. It is a pure JAVA solution and consistent with our commitment to take full advantage of all the Internet can offer project management." 

Top Level Benefits Provided by I-Cost: Managing costs is the most fundamental factor in ensuring that projects produce profits. I-Cost combines the power of the web with unparalled cost management functionality to maximize the opportunity for producing projects within budget. The software is designed to handle the entire spectrum of project cost management – from proposal preparation through project execution. At a strategic level, I-Cost can also be used for division budgeting and forecasting.

Harness the Power of the Web: With I-Cost, all of the information relating to a project’s cost and activity is available anytime, anywhere. Customizable, virtual notebooks provide managers with easy access to all of their reports. User-defined websites invite project collaboration through project links, corporate links to processes, drag-and-drop document sharing and user-defined tables.

Cost And Schedule Integration: Reduce data entry by driving budgets and/or proposals through a resource-loaded schedule. Automatic status from any scheduling system greatly simplifies the month end process. Integrated reporting provides insight into schedule variances and the critical path.

Scenario Planning: I-Cost makes it easy to conduct unlimited "what-if" scenarios through the use of multiple budgets with different rate sets. There is no limit to the number of forecasts that can be input and tracked. 

Global Utilities and Cutting Edge Technology: I-Costs global utilities provide top-down planning to factor budgets/forecasts, global recalculation for rate adjustments and easy-to-use, automatic replanning features. Because I-Cost is written in Java, it can run on any platform. Oracle serves as the back-end database which completes I-Cost’s portability. The client can be run on any platform that supports both Netscape 4.0 or Internet Explorer 4.0 and above.

Rational Concepts, Inc. is based in San Diego and serves the project management community with software and consulting services. Companies choose RC when they face mission-critical projects and need the very best that technology can provide. Among the products RC offers are: Proj-Net’s Tools for integrating all of a projects information (cost, schedule, risk, action items) into a web-based, project office and Proposal-Net, the fastest, most comprehensive way to prepare complex proposals. For more information, call our Sales Department at (760) 632-0444 or send e-mail to sales@rationalconcepts.com.