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Acumen Risk and 360: Project Risk Management
Reduce risk, mitigate impacts and improve project success by leveraging risk modeling, analysis, reporting, acceleration and optimisation.
Overview
Accurate, Reliable Risk Modeling and Acceleration
Improving schedule quality and risk management helps deliver projects on schedule and on budget. Monte Carlo simulation can identify and help mitigate schedule and cost risk and improve outcomes. With Acumen Risk, you can risk adjust schedules to model impacts, collaboratively reduce exposure and improve completion confidence. Acumen 360 helps generate reliable schedule scenarios to identify acceleration opportunities and help select the best path to optimise project completion.
Benefits
Understand Project Risk
Acumen Risk helps determine the impact of schedule delays on project cost estimates by modeling schedule and cost risk linkages.
Identify And Mitigate Risks
Acumen Risk uses qualitative risk analysis to identify risks and help evaluate mitigation plans to determine the ROI of each step.
Accelerate Projects
Acumen 360 identifies acceleration opportunities within a project to help make smart decisions on the best path forward.
Features
Acumen Risk, Built For Project Risk Analysis
- Supports qualitative risk analysis with uncertainty, risks, mitigations or any combination so you can compare results
- Acumen Risk easily links schedule risk to cost risk to determine the impact of schedule delays on project cost estimates
- Leverage project risk management to create risk adjusted schedule scenarios to export back to your scheduling tool
Acumen Risk Has A Full Range Of Risk Reports
- Includes actionable information in easy-to-understand reports that can be run at any level of the project
- Examples: Risk Exposure, Risk Drivers, Probabilistic Critical Path, Risk Sensitivity (JCL) and Executive Briefing
- Integrated cost/schedule risk drivers show cost uncertainty, risk impacts and schedule impacts
Acumen Risk Models Mitigation Plans
- Mitigations can be simple or include multiple steps in a mitigation plan
- Mitigation analysis looks at each step in the plan and identifies the impact savings by step for better decisions
- Use Risk Drivers to identify which risks to mitigate and mitigation analysis to decide which steps have real impacts
Acumen 360 Provides Optimisation Modeling
- Leverage a powerful acceleration engine to generate scenarios and compare results and keep projects moving forward
- Calibrate duration by interactively accelerating activities, groups of activities or the entire project schedule, in real time
- Complete customisation, including acceleration rates and compression order
Acumen 360 Improves Project Execution
- Automation makes the task of accelerating a schedule less difficult and time consuming
- Create multiple versions of schedules to weigh different options and choose the best one
Risk and 360 Support The Project Lifecycle
- As the project progresses, load the latest update and retain your risk mappings and risk register
- At any time export a risk adjusted and/or accelerated schedule back to your scheduling tool
- The only tool made for schedulers that has analytics, risk and acceleration in one place