Many projects have risks that may be included in a Monte Carlo analysis. What is often needed, is a simple Schedule Risk Analysis (SRA) framework for prioritizing these risk events. Monte Carlo simulation software, including Deltek Acumen Risk, provides schedule
Deltek Acumen is a helpful tool for analyzing schedule uncertainty related to activity duration estimates. It is also possible to additionally include the effect of specific risk events. Risk events may be weather related calendar events or other threats to the schedule. Procurement delays are a
This article looks at a simple and quick way to expand all levels of a project in the S1 // Projects and S3 // Risk tabs of Deltek Acumen. Since we started offering training for the Deltek Acumen suite, we have had a number of frustrated customers who were looking for a way to expand the WBS for their project to specified levels
The following video is a live demonstration of a risk analysis process being performed in Deltek Acumen Risk. Once the analysis has been completed, you will see an explanation of the resulting Risk Exposure chart.
Deltek Acumen Risk provides an efficient way to account for activity duration uncertainty in your schedule. All projects come with some level of risk. It’s the reality that besets the art and science of scheduling. And even a schedule with very few identifiable risks still has a degree of uncertainty in
Last week, Deltek released its latest version of PM Compass bringing the version number to 8.1. There are some welcome new features, particularly for Primavera P6 users, which includes improved integration with P6. Let’s take a look at what’s in this release for you.
Deltek Acumen Fuse has a great feature allowing you to inspect the impact an individual activity delay can have on another critical activity later in the project. Procurement activities tend to have long durations. And procurement delays are not uncommon. Further, the resulting
Are you concerned your project is susceptible to project risk events? Deltek Acumen Risk has a risk register for logging anticipated project risks. Projects come with risk: part and parcel of the unique nature of a project. The Deltek Acumen risk register, however, allows you to enter specific risk
I don’t usually do opinion pieces like this, because opinions are just that – opinions – and I’m not sure in what way mine might serve you, unless in this case, you were perhaps looking for an outstanding schedule analytics system. Were it not just my opinion, I might not be compelled to air it in public, but I’ve been working with a number of clients
Deltek Acumen Fuse has many metrics to analyze schedule quality. This includes the Defense Contract Management Agency’s (DCMA) 14-Point Assessment. Deltek’s Acumen Fuse schedule quality analysis software implements a five stage project maturity framework defined as follows: S1 the base, S2 critiqued, S3 risk-adjusted, S4