Advanced Project Analysis: An Introduction to Fuse 3.0
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This document summarizes an advanced project analysis presentation. It discusses (1) why sound planning is important for project success, (2) using metrics for project analysis, and (3) a case study demonstrating a project analysis software called Fuse 3.0. Fuse 3.0 provides enterprise project analysis through modules for metric, logic, and forensic analysis. It integrates with various scheduling and project management software to improve planning and execution through schedule validation, bid analysis, and regulatory compliance assessments.
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Advanced Project Analysis: An Introduction to Fuse 3.0
- 1. Advanced Project Analysis enterprise project analysis Dr. Dan Patterson PMP | CEO & Founder Acumen
- 2. 2 Agenda � Introductions � Why sound planning equals success � Using metrics for project analysis � Case Study using Fuse 3.0 � Q&A November 17, 2011
- 3. 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
- 4. The Importance of a 4 Sound 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
- 5. 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™
- 6. 6 The 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
- 7. 7 Fuse: Enterprise Project Analysis � Fuse: analytics platform � Improves schedule quality � Insight into performance � Fuse 360: goal-based acceleration � Schedule Acceleration � Decision-support November 17, 2011
- 8. 8 Analysis Three Analysis Modules Metric Analysis What are metrics? Measurable, actionable criteria Metric � Schedule Analysis � Cost � Performance & EV � Risk November 17, 2011
- 9. 9 Analysis Three Analysis Modules Metric Analysis Bene t: � Pinpoint shortcomings Metric � Slice and dice Analysis About: � 250+ metrics � Industry Standard � Unique-to-Fuse metrics � Customizable November 17, 2011
- 10. 10 Analysis Three Analysis Modules Logic Analysis Bene t: � Metric � Simplify complexities Analysis About: � Recognizes multi-project relationships Logic Analysis November 17, 2011
- 11. 11 Analysis Three Analysis Modules Forensic Analysis Bene t: � Schedule comparison Forensic Metric � Calculate variances Analysis Analysis � Identify changes About: � � Any number of schedules Logic Analysis November 17, 2011
- 12. 12 Analysis Three Analysis Modules …leading to Forensic Metric Analysis Analysis Better planning & execution Logic Analysis November 17, 2011
- 13. 13 Industry 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
- 14. 14 Reporting Publish Analysis Results Exec API & Interactive Summary of To do list charts & � graphs� analysis Automation results of existing reports� November 17, 2011
- 15. 15 Integration Schedule, Cost, Risk, EV Asta Cobra Open Prism Plan G2 P3/P6 PRA MS Excel/ Project XML November 17, 2011
- 16. Demo 16 � Schedule validation � Bid analysis � Contractor performance review � Regulatory compliance/scrutiny � Claims analysis November 17, 2011
- 17. Fuse Summary Enterprise project analysis Improved planning & execution Schedule comparison & forensics Multi-platform integration Better plan the work = Better work the plan
- 18. More information: White papers: www.projectacumen.com Software Trial: www.projectacumen.com/trial Twitter: @projectacumen Email: info@projectacumen.com PMI PMP PDU: 1!