The definition of a good schedule is fluid. Every planning department has a different set of standards, thresholds, and tripwires that determine schedule quality. How can two companies—contractor and owner, for example—decide on a fair standard or make consistent project decisions? Enter Acumen Schedule Index from Deltek, an Oracle Consulting Company to help managing your Primavera Project Schedule.
What is the Acumen Fuse Schedule Index™ ? Recognizing the need for a standard measure of schedule quality, Acumen created the award-winning Fuse Schedule Index™. The Fuse Schedule Index is made up of nine different schedule quality checks and their proven thresholds. Each of these key indicators is individually calculated and weighted before being compiled into the Index. Standard thresholds have been established to help you determine if your project makes the cut or not. Since its invention, the Index has been built into the Acumen software platform, used as the basis for cloud-based benchmarking, and offered as part of a free Web utility that all planners can access.
With the adoption of the Fuse Schedule Index among both owner and contractor organizations, an alignment of expectations and communication between the parties has been established, and the practice of creating sound, reliable schedules has been elevated. This increased demand from both owners—the people who invest capital to get projects going—and contractors, the people who invest their expertise to get project done, only demonstrates that standardization is necessary and successful. It is now generally accepted that the higher the quality of a project schedule, the higher chance the project will be executed smoothly and to agreed-upon expectations. Tied to this, being able to consistently score projects while accounting for the core building blocks of a schedule provides a repeatable and defendable means of objectively critiquing a project plan.
The Fuse Schedule Index is quickly becoming the standard in schedule quality. It has been widely adopted by organizations spanning oil and gas; engineering, procurement, and construction (EPC); government; and aerospace and defense. Acumen’s goal is to continue to provide avenues for elevating project planning quality across the board, and standardization of scheduling best practices—particularly voluntary standardization—can help solve the long-standing problem of consistent project failure across industries. Better scheduling yields better projects.
Acumen Fuse integrates with all versions of Oracle Primavera, giving you a comprehensive look at the quality of your plan and realism of your risk model, and additionally allows you to easily visualize and report on execution performance. With the addition of Acumen Risk™, you can ensure a realistic schedule by accounting for uncertainty and risk (with primavera risk analysis), and with Acumen 360™ you can generate accelerated schedules. Acumen ensures your Primavera plan leads you to project perfection.