Is your project scheduled during a period of time that may cause delay? Deltek Acumen Risk windows can model this risk event as a risk window. Let’s take a closer look at this. Project risk identifies the potential impact of duration and cost uncertainty and unforeseen events, which may have a negative or positive impact […]
Deltek Insight 2019
Deltek is holding its annual Deltek Insight 2019 conference on Nov 18-21. Deltek Insight 2019 will be a four-day celebration of Deltek’s products and solutions and attracts over 4,000 delegates from multiple industries; ranging from construction, oil & gas to health care and IT. With over 70 tracks aimed at project & program management, Deltek […]
Viewing Tabulated Activity Risk Events in Deltek Acumen
A recent question from a reader wanted to view a tabulated list of risk events associated with a respective activity in Deltek Acumen. The good news is Deltek Acumen does provide a way to list all risk events associated with an activity. Let’s take a look at this. In Deltek Acumen, schedulers can define risk […]
Deltek Release Acumen 8.5
On Friday, June 27th, Deltek launched a substantial point release of the Acumen Fuse, Risk, 360 tool suite bringing this up to Acumen 8.5. And, by the looks of things, this is way more than a simple maintenance release. This new release includes over 20 functional improvements in 8 different areas of the product. In […]
Deltek Releases Acumen 8.4
Deltek has just released Acumen 8.4. While this may look like only a ‘point release’, Deltek always offers much more than that and this software release is no different. Deltek Acumen 8.4 has some rather useful new capabilities along with a bunch of bug fixes and real performance improvements. Here’s a look at what’s in […]
Deltek Acumen Risk and Tornado Charts
Great! Your Deltek Acumen risk exposure histogram graph displays the probability of completing the project by a specific date. But which activities then should be risk mitigated to shorten the schedule? For this information look to the tornado plot. Schedule risk analysis first and foremost is communicated in a histogram risk exposure graph. This graph […]
Deltek Acumen Schedule: Cost Uncertainty and Cost Risk
Just as duration uncertainty may have a significant effect on schedule risk, cost uncertainty may have a material effect on cost risk. And the cost uncertainty affects the cost probability distribution more as the length of the schedule increases. Deltek Acumen uses the Monte Carlo analysis to compute a probability distribution of the expected completion […]
Generating Schedule Tornado Plots In Acumen Risk
Generating Schedule Tornado Plots in Acumen Risk Dr. Dan Patterson, founder of the Acumen Company subsequently bought by Deltek, says “risk models do not need to be complicated to be meaningful.” This is the intent of tornado plots, so here we take a look at them. When it comes to risk reporting, the mantra keep […]
Deltek Acumen – Setting Duration Uncertainty for Groups
A student recently asked if there is a way to set Deltek Acumen’s S3//Risk duration uncertainty for groups. Deltek Acumen has a very efficient way for updating duration uncertainty for individual activities or duration uncertainty for groups i.e. all activities below a Work Breakdown Structure (WBS) element. The duration uncertainty setting allows you to change […]
Making Deltek Acumen Fuse Metrics Available to New Workbooks
Many folks want to create and save Deltek Acumen Fuse Metrics and make it available to new Acumen Fuse workbooks. Deltek Acumen Fuse software provides a plethora of metrics for inspecting the quality of your respective schedule. It also organizes these metrics into metric groups. This includes the Schedule Quality group that Acumen provides as […]