Need to check project quality?
Project Pilots are expert in using and deploying Acumen Fuse and can deliver this analysis.
Techniques for quantitative tracking of project execution performance are reasonably well established within the project management profession. Accepted approaches such as performance tracking, earned value, earned schedule and progress relative to a baseline are all commonplace. Similar analysis can be applied to determine the quality of planning.
Acumen Fuse is becoming an established standard within the scheduling community across multiple industries. This analysis can be applied to determine the quality of planning. Through the use of metric analysis (looking at the likes of quality of logic; consistency of detail; appropriate use of activity constraints; use of leads/lags and the resultant impact on float), we can quantify the quality of a project schedule.
Using this approach, individual metrics are combined into a “Schedule Index.” This index is a combination of the listed metrics weighted based on their contribution to the structural integrity of a sound project plan. The Schedule Index is based on a 1 to 100% scale with 1% being the lowest quality and 100% being a perfect quality score. Acumen Fuse consider that a pass mark is 75% and a schedule demonstrating a high-standard of technical compliance with best practice and schedule quality will score 85% or over.
The metrics library is well established standard schedule check metric library and includes:
|Open-ended logic||Total number of activities that are missing a predecessor, a successor or both. This number should not exceed 5%|
|Logic density||Average number of logic links per activity|
|Critical||Number of critical activities|
|Soft Constraints||Number of activities with soft or one-way constraints|
|Hard Constraints||Number of activities with hard or two-way constraints|
|High Float||Number of activities with Total Float exceeding 2 months. The number should not exceed 5%|
|Negative Float||Number of activities with total finish float, less than 0 working days.|
|Number of Lags||Total number of activities that have lags in their predecessors. This number should not exceed 5%|
|Redundancy Index||The amount of redundant or unnecessary logic in a schedule.|