advanced project analysis: an introduction to fuse 3.0

18
Advanced Project Analysis Dr. Dan Patterson PMP | CEO & Founder Acumen enterprise project analysis

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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.

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Page 1: Advanced Project Analysis: An Introduction to Fuse 3.0

Advanced Project Analysis

Dr. Dan Patterson PMP | CEO & Founder Acumen

enterprise project analysis

Page 2: Advanced Project Analysis: An Introduction to Fuse 3.0

� Introductions

� Why sound planning equals success

� Using metrics for project analysis

� Case Study using Fuse 3.0

� Q&A

November 17, 2011

2

Agenda

Page 3: Advanced Project Analysis: An Introduction to Fuse 3.0

S1: Build

S2: Critique

S3: Risk-Adjust

S4: Optimize

S5: Validate

� Project Management Software Company � Improving CPM scheduling & analysis � Thought leader in Analytics � Schedule maturity framework

Acumen: Proven Project Analytics

S1 > S5™ Framework Acumen Core Offerings

Risk Assessment Workshops

Acumen Fuse®

Software Training

Page 4: Advanced Project Analysis: An Introduction to Fuse 3.0

The Importance of a Sound Basis of Schedule

S1

  Schedule Basis  Reflects latest scope/contractor updates

S2

 Critiqued Schedule   Structurally sound, no contingency, sound logic

S3  Risk-Adjusted Schedule   Estimate uncertainty, risk events

S4  Optimized Target Scenarios  Reduced hot spots, higher confidence

S5   Team Validated Scenario  Buy-in on mitigation plans

November 17, 2011

4

� Schedule is a forecast

� Used as a benchmark

� Measure performance

� Communicating the plan to stakeholders

Page 5: Advanced Project Analysis: An Introduction to Fuse 3.0

0%

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Fini

sh C

ompli

ance

Ind

ex™

Fuse Quality Index™

R² = 0.603

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Quality Equals Success?

Page 6: Advanced Project Analysis: An Introduction to Fuse 3.0

The Problem with Gantt Charts…

November 17, 2011

6

� 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

Page 7: Advanced Project Analysis: An Introduction to Fuse 3.0

� FFuussee:: analytics platform � Improves schedule quality

� Insight into performance

� FFuussee 336600:: goal-based acceleration � Schedule Acceleration � Decision-support

November 17, 2011

7

Fuse: Enterprise Project Analysis

Page 8: Advanced Project Analysis: An Introduction to Fuse 3.0

MMeettrriicc AAnnaallyyssiiss WWhhaatt aarree mmeettrriiccss?? Measurable, actionable criteria

� Schedule

� Cost

� Performance & EV

� Risk

Metric Analysis

Analysis Three Analysis Modules

November 17, 2011

8

Page 9: Advanced Project Analysis: An Introduction to Fuse 3.0

Metric Analysis

Analysis Three Analysis Modules

November 17, 2011

9

MMeettrriicc AAnnaallyyssiiss BBeennee tt:: � Pinpoint shortcomings � Slice and dice AAbboouutt:: � 250+ metrics � Industry Standard � Unique-to-Fuse metrics � Customizable

Page 10: Advanced Project Analysis: An Introduction to Fuse 3.0

LLooggiicc AAnnaallyyssiiss BBeennee tt:: �

� Simplify complexities

AAbboouutt:: � Recognizes multi-project

relationships

Metric Analysis

Logic Analysis

Analysis Three Analysis Modules

November 17, 2011

10

Page 11: Advanced Project Analysis: An Introduction to Fuse 3.0

FFoorreennssiicc AAnnaallyyssiiss BBeennee tt::

� Schedule comparison � Calculate variances

� Identify changes

AAbboouutt:: �

� Any number of schedules

Metric Analysis

Logic Analysis

Forensic Analysis

Analysis Three Analysis Modules

November 17, 2011

11

Page 12: Advanced Project Analysis: An Introduction to Fuse 3.0

……lleeaaddiinngg ttoo

BBeetttteerr ppllaannnniinngg && eexxeeccuuttiioonn

Analysis Three Analysis Modules

November 17, 2011

12

Metric Analysis

Logic Analysis

Forensic Analysis

Page 13: Advanced Project Analysis: An Introduction to Fuse 3.0

� 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

13

Industry Standards

Page 14: Advanced Project Analysis: An Introduction to Fuse 3.0

Reporting Publish Analysis Results

November 17, 2011

14

Exec

  Summary of analysis results

  To do list  Interactive charts & graphs�

API &

�  Automation of existing reports�

Page 15: Advanced Project Analysis: An Introduction to Fuse 3.0

November 17, 2011

15

Integration Schedule, Cost, Risk, EV

MS Project

P3/P6

Open Plan

Asta Cobra

Prism G2

PRA

Excel/XML

Page 16: Advanced Project Analysis: An Introduction to Fuse 3.0

� Schedule validation � Bid analysis � Contractor performance review � Regulatory compliance/scrutiny � Claims analysis

November 17, 2011

16

Demo

Page 17: Advanced Project Analysis: An Introduction to Fuse 3.0

FFuussee SSuummmmaarryy Enterprise project analysis

Improved planning & execution

Schedule comparison & forensics

Multi-platform integration

Better plan the work = Better work the plan

Page 18: Advanced Project Analysis: An Introduction to Fuse 3.0

More information: White papers: www.projectacumen.com Software Trial: www.projectacumen.com/trial Twitter: @projectacumen

Email: [email protected] PMI PMP PDU: 1!