pminsight
Using Data-Driven Analytics to Improve Project Outcomes
Advanced Project Planning and Scheduling topics related to translating Microsoft Project schedules into top-down work breakdown structure and network diagrams, benchmarking size, effort and duration estimates using parametric estimates, diagnosing schedule quality and logic areas of concern, benchmarking schedule quality and logic against comparable projects. Undertaking Monte Carlo Simulation risk and forecast studies to better understand likely project outcomes and what could be done to improve project chance of success and / or provide appropriate time / cost contingency. Assess a Microsoft Project schedule’s critical path and for the assigned resources optimally solve known resource constraints. During project execution undertake schedule forensics to understand update, addition and deletion changes. Finally, providing data-driven insights, dashboards and reporting.
The Bow Wave Effect is a pattern of failure where project deadlines are repeatedly missed and the project continues to drift in time.
