Advanced Project Analysis and Project Benchmarking with Acumen Cloud™

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A presentation on project analysis, visualization and resolution including tips, tools and techniques for improved project intelligence through advanced analytics. Project benchmarking with Acumen Cloud was also introduced.

Transcript of Advanced Project Analysis and Project Benchmarking with Acumen Cloud™

// BROOKE HAILEY

International Channel Manager

An Introduction To:

& Acumen Cloud™

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Acumen

◦  Project Management Software Company

◦  Insight into challenges & use of

analytics to overcome them

◦  Core Concepts:

1.  Project success requires a sound plan

2.  Forecast accuracy requires risk

consideration

Proven Project Analytics

Product Offerings

Risk Workshops

Acumen Fuse®

Software Training

Realistic Scheduling

Critiqued

The Base

Risk-Adjusted

Optimized

Team-Aligned // S5

// S4

// S3

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Better Planning Drives Project Success

0%  

10%  

20%  

30%  

40%  

50%  

60%  

70%  

80%  

90%  

100%  

0%   10%   20%   30%   40%   50%   60%   70%   80%   90%   100%  

Prob

ability  of  O

n-­‐Time  Co

mple4

on  

Fuse  Schedule  Index™  

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Project Analysis, Visualization & Resolution

A Sound Schedule is the Key to a Successful Project

Acumen Fuse®

◦  Project Analysis:

◦  Build sound, realistically do-able schedules without a manual critique

◦  Project Reporting:

◦  Generate ready-to-use reports on where a plan isn’t working and

options for course-correction

◦  Project Improvement:

◦  Resolve scheduling flaws in seconds

With Acumen Fuse®

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Project Analysis What are metrics?

Measurable, actionable

criteria

◦  Schedule

◦  Cost

◦  Performance

◦  Earned Value

◦  Risk

Metrics

Metric Analysis

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Project Analysis Benefit:

◦  Pinpoint weakness

◦  Slice and dice

About:

◦  250+ metrics

◦  Industry Standard

◦  Unique-to-Fuse

◦  Customizable

Metrics

Metric Analysis

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Project Analysis Benefit:

◦  Identify &

remove flaws

◦  Simplification

About:

◦  Open-ends

◦  Redundancies

◦  Circular Logic

◦  Lags & Leads

◦  Danglers

◦  Out-of-Sequence

Logic

Metric Analysis

Logic Analysis

February 28, 2012 7

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Project Analysis Benefit:

◦  Calculate variances

◦  Identify changes

◦  Understand impact

About:

◦  Any attribute

◦  Any field

◦  Any number of

schedules

◦  Even calendar

changes!

Forensic

Metric Analysis

Logic Analysis

Forensic Analysis

February 28, 2012 8

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Project Analysis Planning the work:

◦  Faster

◦  Easier

◦  Realistic

Working the plan:

◦  Smoother

◦  Cheaper

◦  Successful

Metric - Logic - Forensic

Metric Analysis

Logic Analysis

Forensic Analysis

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Schedule Cleanser™ Problem Resolution

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◦  Remove schedule flaws

◦  Create clean version of the schedule

◦  Publish to Primavera or MS Project

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Acumen Fuse Reports PDF & MS Office

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Exec Briefing

• Summary of analysis results

Analyst Report

•  To do list

Dashboard

•  Interactive charts & graphs

API & Custom Reports

•  Automation of existing reports

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Integration Schedule, Cost, Risk, EV

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MS  Project  

P3/P6  

Open  Plan  

Asta   Cobra  Prism  G2  

PRA  

Excel/XML  

// Demo Acumen Fuse® Software Demonstration

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Fuse Summary ◦  Enterprise project

analysis

◦  Improved planning &

execution

◦  Schedule comparison

& forensics

◦  Simplified, cleaner,

schedules

◦  Multi-platform

integration

Better Plan the Work = Better Work the Plan

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February 28, 2012

// Fuse 360 Project Acceleration & Decision Support

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Fuse 360

◦  Add-in Module for Fuse Platform

◦  Automated:

◦  Scenario generation

◦  Acceleration

◦  Decision Support

Goal Based Acceleration

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Metric Analysis

Forensic Analysis

Logic Analysis

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Goal Based Acceleration

Accelerate schedule …

By applying criteria

… to achieve a given goal

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Acceleration

◦  Planning: Schedule Alignment to expectations

◦  Execution: Recover delays & overruns

◦  Goal:

◦  Target date

◦  % of remaining duration

◦  Best date possible

◦  Project or Activity

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Criteria Sets

◦  Reduce duration

◦  Change calendars

◦  Reduce logic lags

◦  Remove constraints

◦  Filter activities

Acceleration Drivers

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Criteria  Set  

Script  Objec4ve  “Cleanse  &  Accelerate  construcKon  acKviKes”  

Step  1  Remove  all  constraints  

Step  2  Filter  for  construcKon  acKviKes  

Step  3  Reduce  remaining  duraKon  by  20%  

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How does it work?

◦  CPM Simulation

◦  Critical path focus

◦  Incremental push

◦  Prioritize

◦  Earliest/Latest

◦  Longest durations

◦  Least resistance

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Accept or Reject Scenario

◦  Number of days accelerated?

◦  Goal achieved?

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Decision Support

◦  Scenario Insight

◦  Fuse forensics: what changed?

◦  Fuse analysis: which option?

◦  New plan:

◦  Publish back to Primavera or MS Project

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Fuse 360 Summary ◦  Goal-based acceleration

◦  Based on true CPM analysis

◦  Uses your defined criteria

◦  Alternate scenarios

◦  Publish to scheduling tool

Faster schedules through intelligent acceleration

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February 28, 2012

// Acumen Cloud™ Introducing

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Acumen Cloud™ Project Benchmarking

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Acumen Cloud™

◦  Smart comparisons provide unprecedented insight

◦  Project Percentile

◦  Where your project ranks in relation to others

◦  Project Probability of Success

◦  How likely are you to come in on-time and on-budget

◦  Fuse Index™

◦  Basis for cloud comparisons

◦  Looks at Schedule and Logic

Project Benchmarking

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Fuse Index™

Fuse Schedule Index™

◦  Missing Logic

◦  Logic Density

◦  Critical

◦  Hard Constraints

◦  Negative Float

◦  Insufficient Detail™

◦  Number of Lags

◦  Number of Leads

◦  Merge Hotspot

Fuse Logic Index™

◦  Redundancy Index

◦  Open Ends

◦  Open Starts

◦  Open Finishes

◦  Leads

◦  Lags

◦  SF Links

Schedule & Logic Quality

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Project Percentile

◦  Compare to thousands of similar

projects

◦  Rank your Fuse Schedule Index™ and/or

Fuse Logic Index™

◦  Rank individual metric results

How does your project stack up?

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Project Viability

◦  Based on Fuse Index™ & Acumen Cloud™

comparisons

◦  Likelihood of success

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Secure & Anonymous

◦  Optional participation

◦  Only Metric results and user-provided data is

uploaded to Acumen Cloud™

◦  All identifying characteristics are kept on native

Fuse license

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More information: White papers: www.projectacumen.com

Software Trial: www.projectacumen.com/trial

Twitter: @projectacumen

Email: info@projectacumen.com