EPM Live Announces Launch of CostEngine Cost Management for Microsoft Project Server

CARLSBAD, Calif., Nov. 24, 2010 /PRNewswire/ -- EPM Live, a global leader in Enterprise SharePoint Project and Work Management applications, announced today its launch of CostEngine, a Project Web App add in that seamlessly extends the Microsoft Project Server solution to enable full cost management controls such as cost categorization, scenario modeling, cost rollups, cost analytics and forecasting.  CostEngine for Microsoft Project Server includes the following capabilities:

• Full integration with Microsoft Project Server ribbon controls- view
• Cost visibility across multiple portfolios- view
• Cost planner with flexible cost category structure- view
• Cost impact analyzer- view
• What-if modeler- view

CostEngine combines the power of Microsoft Project Server and its leading project and portfolio management capabilities with the comprehensive financial best practices of a leading cost management technology provider.  CostEngine gives organizations the tools they need to track ROI by giving them the visibility into both project and portfolio expenditure.  With CostEngine's flexible cost category structure, all cost items can be categorized and accounted for to result in more accurate cost plans and cost forecasts.   These cost plans can then be tracked throughout execution to provide valuable insight into cost comparisons including planned costs, forecasts and project actuals.  CostEngine aids organizations in greater cost transparency, project control and overall portfolio health.

As with all WorkEngine products, CostEngine leverages a simple, easy-to-use user interface including spreadsheet-like web grids and a complete integration with Microsoft's PWA ribbon controls.  

CostEngine promotes better decision making as organizations today are faced with rapidly changing environments; their response to these changes is crucial.  It is critical for management to understand comparisons of quantity and cost value totals for selected projects against targets as well as the effects of cancelling a project or work effort, delaying or advancing it, or the effect of stretching out its duration (thus decreasing the rate of spend).

EPM Live will continue to provide cutting-edge, cost effective project and work management solutions leveraging the Microsoft technologies organizations already own to increase the value of their current IT investments.  EPM Live's applications support the entire work and project management lifecycle and provide the necessary efficiencies and indicators for companies to improve their ROI, streamline their business processes and make critical business decisions.  EPM Live offers its clients solutions that possess the flexibility and scalability to meet specific industry and methodology needs.  These innovative solutions include capabilities such as Portfolio Management, Project Management, Cost Management, Time Management, Resource Management, Service Management, Agile Management, Business Intelligence and Collaboration.  These capabilities are all designed to work together or separately to meet any business specific need.

To learn more about CostEngine:

• Visit the Website
• Attend an Upcoming or On Demand Webinar (PDUs available)
• Access a Free CostEngine Trial
• Follow Us on Twitter

About EPM Live

EPM Live is a global leader in Microsoft SharePoint Project and Work Management Solutions. EPM Live's products and services are cutting-edge, revolutionizing the way organizations manage their work. CostEngine for Project Server can be consumed online or onsite.

For additional information: Please contact Heather Champoux at 760-603-9990 or [email protected].

Product or service names mentioned herein may be the trademarks of their respective owners.

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SOURCE EPM Live