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. Continue reading Primavera Project Schedule: complete project management
Sure, you could research, buy, host and implement your own Project Management software. But why inflict that misery on yourself when LoadSpring can make it effortless with some of the best Oracle Consulting Companies?
LoadSpring has been a project management solution provider for over 14 years that can solve customers’ software purchasing and access issues, as well as their accompanying deployment and implementation challenges. LoadSpring’s SpringBoard™ Portal provides global project management teams with easy and secure access to their full suite of products as well as software through infrastructure support.
To complete the success cycle LoadSpring’s Services group further enables software adoption through its quick and simple implementation products. With a broader range of services, products, training and support, you can implement faster and get your people up to speed in record time. All while accelerating your IT project executions and boosting ROI.
Executives go through various processes to determine which projects to fund internally and which opportunities to engage in externally. For instance, a high-technology company may develop a new product or build a new facility internally, and may provide installation services externally.
Once these decisions are made, managing the execution by tracking the schedule, costs, resources, and milestones is critical to ensure project success. Many managers have the additional complexity of overseeing a supply chain to ensure that equipment, material, and resources are available on time at the point of need and use. The question is, how to integrate project management process and portfolio management process in order to manage projects profitably— and ensure business value? Managing visibility in three important areas of your portfolio and project management processes will help ensure success:
Portfolio Prioritization Model
Are you working on the most-profitable projects? Leaders of best-in-class companies can prioritize projects based on a set of predefined criteria—such as revenue, return on investment, importance to future strategic needs, alignment to core business, and risks. For external projects, that may mean ranking each by priority to help determine the proper pricing schedule for the work. For internal projects, priority ranking can determine whether it makes sense to fund the project and the appropriate resources to commit to the work. Comprehensive portfolio management tools can help prioritize and align the project portfolio to ensure that limited resources are deployed for maximum impact.