Simplifiying cost and schedule risk analysis with acumen risk
•
3 recomendaciones•1,900 vistas
Schedule risk analysis doesn’t have to be complicated. In this webinar learn how Acumen Risk™ uses a more intuitive approach to evaluating risk to achieve truly integrated cost and schedule risk analysis.
Recomendados
Recomendados
Más contenido relacionado
La actualidad más candente
La actualidad más candente (20)
Similar a Simplifiying cost and schedule risk analysis with acumen risk
Similar a Simplifiying cost and schedule risk analysis with acumen risk (20)
Más de Acumen
Más de Acumen (18)
Último
Último (20)
Simplifiying cost and schedule risk analysis with acumen risk
- 1. Dr. Dan Patterson PMP, Acumen CEO Simplifying Risk Analysis with Acumen Risk
- 2. Anadarko // Acumen CH2M Hill Chevron Proven Project Analytics ConocoPhillips Constellation Energy DCMA DTE Energy ! Project Management Software Duke Energy ◦ Providing insight into project challenges Enbridge ◦ Improving planning accuracy & reliability Fluor General Dynamics ! Core Concepts: Hess ◦ Project success requires a sound plan Hill International ◦ Forecast accuracy requires risk consideration Jacobs ! Recognition: KBR Marathon ◦ Planning Innovation of the Year 2012 NASA ◦ Inc. 500 Fastest Growing Company Newmont Mining ! Legacy Repsol ◦ 25 years of thought-leadership SAIC Shaw ◦ Trusted by Fortune 500 & Industry Leaders Shell October 11, 2012 // 2 URS
- 3. // Acumen Software Summary Acumen Fuse S1 // Build Schedule Basis Schedule Basis Diagnostics ! Improved Schedule Quality S2 // Acumen Fuse®: Project Diagnostics Acumen 360 Critiqued Scenario Generation ! Acceleration/Deceleration S3 // Acumen Risk™: Risk Analysis & Register Risk-Adjusted Acumen Risk Risk Analysis S4 // Acumen 360™: Project Optimization ! Simplified Cost/Schedule Optimized S5 // Team Validation and Buy In Team Approved October 11, 2012 // 3
- 4. // Why Perform Risk Analysis? ! Scheduling ◦ Science behind forecasting project completion ◦ Doesn’t account for scope uncertainty, unknowns ! Risk Analysis ◦ Gain true insight into schedule achievability ◦ Pinpoints risk hotspots that will cause delay ◦ Structured approach to reducing risk exposure October 11, 2012 // 4
- 5. // Legacy Risk Tools Shortcomings ! Manual summary schedule ! Complex data loading ! Abstract & highly statistical ! Error-prone/misleading reporting Requires a statistician October 11, 2012 // 5
- 6. // The Acumen Risk™ Approach Risk Reengineered… ! Graphical data loading ! Uses native schedule ! Meaningful context ! Very fast analysis ! Intuitive reporting ! Insightful metrics Designed for collaborative project risk workshops October 11, 2012 // 6
- 7. // Schedule Impact on Cost Risk Cost Risk Distribution Schedule Risk Distribution P100 360d (120%) Deterministic: 300d $90K $100K $130K P0 280d (93%) Uncertainty Schedule Impact on Cost Risk Distribution $84K $90K $100K $130K $156K Uncertainty
- 8. // Project Risk Register Tracking Risk Events ! Create new or Import ! Cost & Schedule Risks ! Pre & Post Mitigated ! Custom Templates ◦ Auto-Calibrate matrix ◦ Absolute/relative impacts ! Map to Schedule ◦ Activity-based mapping October 11, 2012 // 8
- 9. // Risk Exposure Histogram P- Dates ! P-Dates ◦ “I’m 50% confident I will finish on…” Contingency ! Contingency ◦ “How much more/less time do I need to finish by…?” Deterministic ! Deterministic Confidence Level ◦ “How realistic is my planned finish date?” October 11, 2012 // 9
- 10. // Risk Drivers Tornados Total Contribution ! Risk Drivers: ◦ High-risk activities ◦ Most impactful events Uncertainty/Logic/ Risk Event Contribution ! Contribution Factor™ ◦ Uncertainty contribution ◦ Logic contribution ◦ Risk Event contribution Differentiate Between Risk Events October 11, 2012 // 10
- 11. // Risk Comparison Distribution Curves ! Compare scenarios in a single workbook: ◦ Turn on or off risks Benefit of Mitigation ◦ Benefit of mitigation ◦ Uncertainty vs. Risk Events ◦ Schedule A vs. Schedule B ◦ Impact of schedule delay on cost risk October 11, 2012 // 11
- 13. // Acumen Forecast Accuracy Top of bar: Sanctioned 5 – May -12 Target Completion Date Vertical Line: Forecasted 23–Dec-11 Date Range Diamond: Actual/Final 6-Jun-11 Completion Date 18-Nov-10 2-May-10 14-Oct-09 28-Mar-09 October 11, 2012 // 13
- 14. // Additional Information Integration ! Primavera: Licensing: ◦ P6 (XER, XML, Web Services/P6 R8) ! Stand alone / Named user ◦ P3 ◦ Risk Analysis ! Concurrent / Multi user ! Microsoft: ! Citrix based ◦ Project ◦ Project Server ◦ Excel Training ! Risk 101 & Acumen Risk ! Online and Private on-site October 11, 2012 // 14
- 15. More information: White papers: www.projectacumen.com Software Trial: www.projectacumen.com/trial Twitter: @projectacumen Email: info@projectacumen.com