SPPM Clinical 7 Best Practices In Forecasting & Planning
Acumen Fuse Feb2010
1. 1 An Introduction toAcumen Fuse™ Dr Dan Patterson PMP, CEO AcumenFebruary 2010
2. Project analytics thought leader Headquartered in Austin, TX North America presence, global reseller network Privately held, strong legacy within PPM space Specialists in project analytics Risk workshops: world leader Project assessments, schedule analysis Oracle OPN, MS Partner Oracle accredited trainer Project analytics tool: Acumen Fuse™ Acumen Introduction
3. What is Acumen Fuse™? Metric analysis & visualization tool Cost, schedule, quality, risk, performance & EV Patent pending ribbonsfor visualization Solutions for resolution Improves scheduling maturity Provides insight & confidence Provides control during execution
4. The Need for Acumen Fuse™ Project failure is not being overcome “Brain drain” in scheduling More scrutiny in project investments Government compliance increasing (e.g. DCMA) Ensuring Project Success with Fuse™ Provides “planning intelligence” Self-critique for planners/schedulers Performance review & audit mechanism Integrates disparate cost, schedule, risk, EV etc Gives project alignment with strategic objectives
5. Analysis Ribbons Means of flatteningdata, retaining sequence Grouping activities into higher level entities Enables metric analysisbeyond project level Great visual aid forsimplifying data Project Ribbon Activity Ribbon (e.g. Critical/ non critical) Path Ribbon
6. Path Ribbons Determines all paths between any two activities Gives insight into upcoming complexity, cost, effort Powerful simplification technique Great for figuring out which paths to accelerate
8. Metric Scorecards Activity-based report Combined metric scores into total score Customizable weightings Auto generate Scorecards from Metric Libraries
11. DCMA 14 Point Assessment Supported within Acumen Fuse™ True compliance with “Total Task” definition Additional schedule metrics included e.g. Logic density Merge with other schedule, cost, risk metrics Includes tripwire metrics Full support for UN/CEFACT XML Schema
22. Detailed Schedule Development Scope further defined, schedule developed Risk Assessment workshop Validate risk inputs & review outputs/exposure Create sound Risk-adjusted baseline for execution Results Engineering has highest # of aggressive activities Aggressive activities fall early on Average risk range peaks in 2011 with construction Construction carrying major schedule risk drivers
23. Execution Track schedule performance Track cost spend Track by location More non-critical work completed than critical,New Orleans – behind schedule Calgary – significant cost overrun, cost overrun in early 2009
25. Other Example Use Cases Schedule Critique Review quality of planning Ongoing Project Surveillance Review monthly performance, changes to plan IBR reviews, DCMA compliance Portfolio Analysis Compare performance of projects within a portfolio Determine overall strategic value of projects Contractor Performance Tracking Track against agreed upon baseline Early warning indicators for project delay/overruns Risk Exposure Reduction Identify & eliminate risk hot spots through targeted risk response
34. Find Out More! Sign up for trial version fuse@projectacumen.com Receive notification of updates through Twitter @projectacumen Web www.projectacumen.com