//Does Better Scheduling Drive Execution Success?                         Dr. Dan Patterson PMP// CEO Acumen              ...
// Acumen                                           Realistic Scheduling     Proven Project Analytics                     ...
// Presentation Overview   A Case Study      S1//S5 Schedule Maturity Model           Developing sound schedules          ...
// Schedule Maturity Framework                                 Acumen S1//S5                             6	               ...
// Schedule Quality Measurement   Metric Analysis   ◦    Legacy         ◦    duration, constraints, excessive lags,       ...
// Acumen Schedule Metrics Advanced Project Insight    Finish	              Insufficient	               Logic	              ...
// Logic Density™  Planning Consistency ◦    Determine Logic Hotspots™ in schedule ◦    Indication of sufficient logic ◦  ...
// Advanced Logic Analysis  Sound Basis of Schedule  ◦    Use of FS, FF, SS, FS links  ◦    Lags & Leads        ◦    Lags ...
// Measuring Schedule Quality   Fuse Schedule Index™ May 10, 2012   //   9
// Baseline Compliance Index™     Examines	  how	       many	  ac>vi>es	       fell	  within	  the	          expected	    ...
// Baseline Compliance™            Performance Analysis            ◦    More than date comparison            ◦    Measures...
// Acumen Fuse Platform Enterprise Project Analysis                                            Metric	                    ...
// Metric Analysis      Slice & Dice    Benefit:"     Pinpoint shortcomings"     Project characteristics"     Slice and di...
// Metrics to fit: Criteria, Thresholds  Fuse Metric Editor         //
// Fuse Schedule Cleanser™ Actionable Insight        //
// Project Forensics  Insight into Schedule Cleanse         // May 10, 2012
// Claims Analysis     Insight into project variances◦    Advanced forensics◦    Fuse gives meaning to the     impact of c...
Case Study// Acumen Fuse® Software Demonstration        //
// Case Study Owner/contractor Alignment •    Houston-based oil/gas owner •    Objective:      •    More on-time completio...
// Quality Planning Truly Drives Success                                     100%	   Probability of On-Time Completion    ...
// Q&A     //
More information:     White papers: www.projectacumen.com     Software Trial: www.projectacumen.com/trial//   Twitter: @pr...
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Does Better Scheduling Drive Execution Success?

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Delivered at PMI SCoP's 9th Annual Scheduling Conference, this presentation discusses the results from a recently conducted research project showing the correlation between the quality of a plan and overall project success, as well as a means of assessing schedule quality and forecasting accuracy using metric analysis.

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Does Better Scheduling Drive Execution Success?

  1. 1. //Does Better Scheduling Drive Execution Success? Dr. Dan Patterson PMP// CEO Acumen May 9 2012 //
  2. 2. // Acumen Realistic Scheduling Proven Project Analytics // S1 The Base // S2 Critiqued◦  Project Management Software // S3 Risk-Adjusted◦  Oracle Primavera partner // S4 Optimized◦  Insight into challenges & use of // S5 Team-Aligned analytics to overcome them Product Offerings◦  Core Concepts: 1.  Project success requires a sound plan Acumen Fuse® 2.  Forecast accuracy requires risk Risk Workshops consideration Software Training May 10, 2012 // 2
  3. 3. // Presentation Overview A Case Study S1//S5 Schedule Maturity Model Developing sound schedules Schedule Index™ Baseline Compliance™ Acumen Fuse analysis Case Study/software demo Questions & Answers May 10, 2012 // 3
  4. 4. // Schedule Maturity Framework Acumen S1//S5 6   •  Schedule  Basis    S1   •  Owner/contractor  schedule   5   •  Cri/qued  Schedule   S2   •  Ensure  structural  integrity   4  Chance  of  Sucess   •  Risk-­‐Adjusted  Schedule   3   S3   •  Account  for  risk/uncertainty   2   •  Op/mized  Target  Scenarios   S4   •  Schedule  accelera>on   1   •  Team  Validated  Scenario   0   0   1   2   3   4   5   6   S5   •  Buy-­‐in  on  op>miza>on   Maturity  Level   Measure quality through the Fuse Schedule Index™ May 10, 2012 // 4
  5. 5. // Schedule Quality Measurement Metric Analysis ◦  Legacy ◦  duration, constraints, excessive lags, negative float ◦  Industry Standards ◦  DCMA 14 Point Assessment ◦  NDIA GASP/ GAO ◦  Acumen Metrics ◦  Logic Density™ ◦  Insufficient Detail™ May 10, 2012 // 5
  6. 6. // Acumen Schedule Metrics Advanced Project Insight Finish   Insufficient   Logic   Logic   Compliance™   Detail™   Density™   Hotspot™   • Accurate   • Ac>vity  V   • Measure  of   • Timely  start?   measure  of   project  dura>on   complexity/ performance   completeness   Milestone   Broad  Risk   Float  Ra>o™   Redundancy   Ra>o™   Range   • Degree  of   Index™   • Detail  V   • Check  for   flexibility  per   • Non-­‐needed   repor>ng   erroneous  risk   day  of  work   logic   input   //
  7. 7. // Logic Density™ Planning Consistency ◦  Determine Logic Hotspots™ in schedule ◦  Indication of sufficient logic ◦  Excellent means of trending detail level More  defini>on   needed   May 10, 2012 // 7
  8. 8. // Advanced Logic Analysis Sound Basis of Schedule ◦  Use of FS, FF, SS, FS links ◦  Lags & Leads ◦  Lags hide schedule detail redundant ◦  Leads cause reverse dates A ◦  Circular logic between projects ◦  Out-of-Sequence updates B ◦  Open ends/missing logic C ◦  Open start/finish (hidden open ends) ◦  Logic Density ◦  Logic Hotspot ◦  Redundancy Index //
  9. 9. // Measuring Schedule Quality Fuse Schedule Index™ May 10, 2012 // 9
  10. 10. // Baseline Compliance Index™ Examines  how   many  ac>vi>es   fell  within  the   expected   repor>ng  period   //
  11. 11. // Baseline Compliance™ Performance Analysis ◦  More than date comparison ◦  Measures period-compliance ◦  Included in Fuse® library100%   50%   0%   May 10, 2012 // 11
  12. 12. // Acumen Fuse Platform Enterprise Project Analysis Metric   Analyzer   ◦  Fuse: analytics platform Logic   ◦  Improves schedule quality Analyzer   ◦  Insight into performance Forensic   Analyzer   ◦  Fuse 360: goal-based acceleration Schedule   Cleanser   ◦  Schedule Acceleration Schedule   ◦  Decision-support Accelerator   // May 10, 2012
  13. 13. // Metric Analysis Slice & Dice Benefit:" Pinpoint shortcomings" Project characteristics" Slice and dice Schedule   Cost   Performance   Characteris>cs   Earned  Value   Risk  • Logic   • Overrun   • Status   • Level  of  detail   • CPI/SPI   • Exposure  • Float   • Capacity   • Completed   • Constrained   • Trending   • Hot  spots  • Dura>on   • Burn  rates   • Delayed   • Riding  Data   • Earned   • Hidden  paths   Date   schedule   // May 10, 2012
  14. 14. // Metrics to fit: Criteria, Thresholds Fuse Metric Editor //
  15. 15. // Fuse Schedule Cleanser™ Actionable Insight //
  16. 16. // Project Forensics Insight into Schedule Cleanse // May 10, 2012
  17. 17. // Claims Analysis Insight into project variances◦  Advanced forensics◦  Fuse gives meaning to the impact of changes◦  Pinpoints changes to critical/ driving path◦  Every single project attribute can be checked◦  Calendar definition changes // May 10, 2012
  18. 18. Case Study// Acumen Fuse® Software Demonstration //
  19. 19. // Case Study Owner/contractor Alignment •  Houston-based oil/gas owner •  Objective: •  More on-time completion for projects over $250MM •  Encourage more mature contractor schedules •  Overcome “brain drain” in scheduling •  How achieved: •  Mandated contractor Fuse Schedule Index of 75+ •  Gave contractor opportunity to self-assess //
  20. 20. // Quality Planning Truly Drives Success 100%   Probability of On-Time Completion 90%   80%   70%   60%   50%   40%   30%   20%   10%   0%   0%   10%   20%   30%   40%   50%   60%   70%   80%   90%   100%   Fuse Schedule Index™ May 10, 2012 // 20
  21. 21. // Q&A //
  22. 22. More information: White papers: www.projectacumen.com Software Trial: www.projectacumen.com/trial// Twitter: @projectacumen Email: info@projectacumen.com //

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