♦ Despite decades of experience, Stevens struggled to accurately understand the potential impacts different delays would have on its projects.
Evaluation processes were very manual and gaining buy-in on required changes from key project stakeholders remained challenging.
♦ The company’s homegrown system successfully tied together its various database-driven estimating systems, ERP systems and progressing systems; however, project leaders realized that the company could benefit from the ability to perform deeper, more detailed analysis on its projects.
♦ With the schedule operating as the centerpiece of each project, Stevens was looking for a complementary tool that would enhance its overall processes, while still being easy to use.
♦ After evaluating several other tools on the market, Stevens purchased the full Acumen Suite and is leveraging:
»» Acumen Fuse: To check all project schedules for missing logic, redundancies, common errors and compliance with DCMA’s 14-point assessment and earned value requirements
»» Acumen Risk: To run anywhere from 500 to 5,000 Monte Carlo simulations in a matter of seconds and pinpoint high risk, high impact activities that could lead to project delays
»» Acumen 360: To quickly identify acceleration cases, hypothesize best and worst-case scenarios and see impacts to the overall project through“what-if” analysis
♦ The Acumen Suite has taken the company’s analytics and reporting capabilities to the next level.
With Acumen, Stevens is:
»» Enhancing the overall quality of its schedules
»» Diving deep into schedule data to make more informed decisions at every stage of the project
»» Getting a real-time view into how potential setbacks will impact project finish dates
»» Quickly pinpointing problem areas to accurately allocate additional resources and/or time
»» Performing comprehensive and consistent risk analysis across its project portfolio
»» Creating sophisticated, detailed reports for upper management