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Advanced Project Analysis: An Introduction to Fuse 3.0
 

Advanced Project Analysis: An Introduction to Fuse 3.0

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An overview of Fuse 3.0. This one-hour webinar presentation focused on providing insight into the advanced project planning quality and execution performance assessment provided by Fuse.

An overview of Fuse 3.0. This one-hour webinar presentation focused on providing insight into the advanced project planning quality and execution performance assessment provided by Fuse.

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    Advanced Project Analysis: An Introduction to Fuse 3.0 Advanced Project Analysis: An Introduction to Fuse 3.0 Presentation Transcript

    • Advanced Project Analysis enterprise project analysis Dr. Dan Patterson PMP | CEO & Founder Acumen
    • 2Agenda� Introductions� Why sound planning equals success� Using metrics for project analysis� Case Study using Fuse 3.0� Q&A November 17, 2011
    • Acumen: Proven Project Analytics� Project Management Software Company� Improving CPM scheduling & analysis� Thought leader in Analytics� Schedule maturity framework S1 > S5™ Framework Acumen Core Offerings S5: Acumen Fuse® Validate S4: Optimize S3: Risk- S2: Adjust Risk Assessment Workshops Critique S1: Build Software Training
    • The Importance of a 4Sound Basis of Schedule   Schedule Basis� Schedule is a forecast S1   Reflects latest scope/contractor updates   Critiqued Schedule�   Structurally sound, no contingency, S2 sound logic� Used as a benchmark   Risk-Adjusted Schedule Measure performance   Estimate uncertainty, risk events� S3� Communicating the S4   Optimized Target Scenarios   Reduced hot spots, higher confidence plan to stakeholders   Team Validated Scenario   Buy-in on mitigation plans S5 November 17, 2011
    • Quality Equals Success? 100% R² = 0.603 90% 80% 70%Finish Compliance Index™ 60% 50% 40% 30% 20% 10% 0% 0% 10% 20% 30% 40% 50% 60% 70% 80% Fuse Quality Index™
    • 6The Problem with Gantt Charts…� Highly vertical in nature � A row per activity required � Humans like timelines!� Logic adds complexity �� Detail lost in summaries � Just shows earliest/latest� Activity-centric � Doesn’t show by resource November 17, 2011
    • 7Fuse: Enterprise Project Analysis� Fuse: analytics platform � Improves schedule quality � Insight into performance� Fuse 360: goal-based acceleration � Schedule Acceleration � Decision-support November 17, 2011
    • 8Analysis Three Analysis ModulesMetric Analysis What are metrics?Measurable, actionable criteria Metric� Schedule Analysis� Cost� Performance & EV� Risk November 17, 2011
    • 9Analysis Three Analysis ModulesMetric Analysis Bene t:� Pinpoint shortcomings Metric� Slice and dice Analysis About:� 250+ metrics� Industry Standard� Unique-to-Fuse metrics� Customizable November 17, 2011
    • 10Analysis Three Analysis ModulesLogic Analysis Bene t:� Metric� Simplify complexities Analysis About:� Recognizes multi-project relationships Logic Analysis November 17, 2011
    • 11Analysis Three Analysis ModulesForensic AnalysisBene t:� Schedule comparison Forensic Metric � Calculate variances Analysis Analysis � Identify changes About:�� Any number of schedules Logic Analysis November 17, 2011
    • 12Analysis Three Analysis Modules …leading to Forensic Metric Analysis Analysis Better planning & execution Logic Analysis November 17, 2011
    • 13Industry Standards� Government agency (compliance) � Government-wide � Department of Defense (DoD) � NDIA Generally Accepted Scheduling Principles (GASP)� best practice) � Project Management Institute (PMI) � AACE International � Thought leaders e.g. Acumen � November 17, 2011
    • 14Reporting Publish Analysis Results Exec API &   Interactive   Summary of   To do list charts & � graphs� analysis   Automation results of existing reports� November 17, 2011
    • 15Integration Schedule, Cost, Risk, EV Asta Cobra Open Prism Plan G2 P3/P6 PRA MS Excel/ Project XML November 17, 2011
    • Demo 16� Schedule validation� Bid analysis� Contractor performance review� Regulatory compliance/scrutiny� Claims analysis November 17, 2011
    • Fuse SummaryEnterprise project analysisImproved planning & executionSchedule comparison & forensicsMulti-platform integrationBetter plan the work = Better work the plan
    • More information:White papers: www.projectacumen.comSoftware Trial: www.projectacumen.com/trialTwitter: @projectacumenEmail: info@projectacumen.comPMI PMP PDU: 1!