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FABRIKAM
Page 1
CEO & Founder
25 yrs Prog Mgt
FABRIKAM
Page 2
The Solution - Intelligent Project Prediction (IPP)
High confident predictions and rationale for project outcomes
1. Supports executives to identify where
best to focus attention and resources
2. Provides assurances of which projects
at greatest risk / opportunity
3. Enhances decision making at the
beginning and throughout a project
4. Identifies how to improve chances of
success across the portfolio
FABRIKAM
Page 3
Motivations
Do I have
robust data?
Can I course
correct?
Can we do
better in the
future?
Are my
suppliers
efficient?
Will new
projects
succeed?
Improved
Project
Delivery
Improved
Project
Forecasting
Improved
Supplier
Profiled
Improved
Strategic
Foresight
Better
Data
Reduced
Cost
FABRIKAM
Page 4
The Prediction Multiplier
Prediction accuracy and quality data unlocks up to 18% savings
Improvement Toolkit
• Data Health check
• Automated pipelines
• System agnostic
• Top down data set
• Common Data Model
Future
Savings
Data
Quality
Prediction
Accuracy
Case study based evidence
• Dynamic AI predictions
• 1st and average prediction
compared to actual
• Finance 96% accurate
• Schedule within 95% accurate
Enhanced decision making
• Assured remedial priorities
• Feature transformation
• Improved delivery planning
• Project selection and approval
• Resource allocation
Budget
Actual
Predicted
TIME
Finished
Started
Actual vs
Budget
+19%
Predicted
Overspend
accuracy 96%
Potential
Savings 18%
FABRIKAM
Page 5
Case Study - FMCG
Greater certainty over delivery outcomes to increase project success and provide Exec knowledge where to
focus their limited time. Portfolio of c250 Projects, significant % failing to deliver to time and cost
STEP 1 STEP 2 STEP 3 STEP 4
Undertake regular data quality
health checks and update data
insights and trends
SUPPORT
Communicate and train use of systems and how to
identify the insights. Implement project controls
transformation.
HANDOVER
Identify project data sources ii) create
customer data model iii) benchmark data
quality iv) provide recommendations to
transform project controls
DATA DISCOVERY
Bespoke dashboards based
on current data model
CONFIGURE
Lessons Learned and roadmap
agreed
REVIEW
STEP 5 STEP 6
Develop underlying system
INFRASTRUCTURE BUILD
Challenge
Provision of an up to
date, dynamic Intelligent
Project Prediction tool
that predicts individual
project outcomes and
compares to what is
being reported, and
identifies core drivers for
project success / failure
Solution
FABRIKAM
Page 6
Case Study – Customer Outcomes
• Level of
exposure
• Savings
opportunities
• Accurate AI
driven
predictions
• Informed
decision
making
Improved
Data
Quality
Assured
Project
Outcomes
Projects at
risk
Sub-
features
driving
risk
Conclusions:
• Prediction can be trusted
• Unlocks savings
opportunties
• Requires process and
people support
• High quality data extends
opportunities
Now:
• Automating within pre-
projects workflow
• Integrating with other.
Lessons learned
FABRIKAM
Page 7
Contact us
/company/greyfly/
@greyflythinking
www.greyfly.ai
advice@greyfly.ai
FABRIKAM
Page 8
How does it work?
Prediction accuracy unlocks savings
Dashboards & Insights
User friendly intuitive
visualisations
Statistical and ML
models
Customer
Data
Model
Pipelines
Fast &
repeatable
processes
Top-down data
Current & Historical
Project Data
Example source systems
Analytics
Engine

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Lloyd Skinner - The Impact of AI on Project Professionals – Introducing a future with AI at your side

  • 1. FABRIKAM Page 1 CEO & Founder 25 yrs Prog Mgt
  • 2. FABRIKAM Page 2 The Solution - Intelligent Project Prediction (IPP) High confident predictions and rationale for project outcomes 1. Supports executives to identify where best to focus attention and resources 2. Provides assurances of which projects at greatest risk / opportunity 3. Enhances decision making at the beginning and throughout a project 4. Identifies how to improve chances of success across the portfolio
  • 3. FABRIKAM Page 3 Motivations Do I have robust data? Can I course correct? Can we do better in the future? Are my suppliers efficient? Will new projects succeed? Improved Project Delivery Improved Project Forecasting Improved Supplier Profiled Improved Strategic Foresight Better Data Reduced Cost
  • 4. FABRIKAM Page 4 The Prediction Multiplier Prediction accuracy and quality data unlocks up to 18% savings Improvement Toolkit • Data Health check • Automated pipelines • System agnostic • Top down data set • Common Data Model Future Savings Data Quality Prediction Accuracy Case study based evidence • Dynamic AI predictions • 1st and average prediction compared to actual • Finance 96% accurate • Schedule within 95% accurate Enhanced decision making • Assured remedial priorities • Feature transformation • Improved delivery planning • Project selection and approval • Resource allocation Budget Actual Predicted TIME Finished Started Actual vs Budget +19% Predicted Overspend accuracy 96% Potential Savings 18%
  • 5. FABRIKAM Page 5 Case Study - FMCG Greater certainty over delivery outcomes to increase project success and provide Exec knowledge where to focus their limited time. Portfolio of c250 Projects, significant % failing to deliver to time and cost STEP 1 STEP 2 STEP 3 STEP 4 Undertake regular data quality health checks and update data insights and trends SUPPORT Communicate and train use of systems and how to identify the insights. Implement project controls transformation. HANDOVER Identify project data sources ii) create customer data model iii) benchmark data quality iv) provide recommendations to transform project controls DATA DISCOVERY Bespoke dashboards based on current data model CONFIGURE Lessons Learned and roadmap agreed REVIEW STEP 5 STEP 6 Develop underlying system INFRASTRUCTURE BUILD Challenge Provision of an up to date, dynamic Intelligent Project Prediction tool that predicts individual project outcomes and compares to what is being reported, and identifies core drivers for project success / failure Solution
  • 6. FABRIKAM Page 6 Case Study – Customer Outcomes • Level of exposure • Savings opportunities • Accurate AI driven predictions • Informed decision making Improved Data Quality Assured Project Outcomes Projects at risk Sub- features driving risk Conclusions: • Prediction can be trusted • Unlocks savings opportunties • Requires process and people support • High quality data extends opportunities Now: • Automating within pre- projects workflow • Integrating with other. Lessons learned
  • 8. FABRIKAM Page 8 How does it work? Prediction accuracy unlocks savings Dashboards & Insights User friendly intuitive visualisations Statistical and ML models Customer Data Model Pipelines Fast & repeatable processes Top-down data Current & Historical Project Data Example source systems Analytics Engine