Acumen®
Training Courses

Deltek Acumen Fuse® & Acumen 360™

What Is Acumen Fuse?

Most large Capital Expenditure (CAPEX) projects incur cost and schedule overruns because they are overly aggressive and unrealistic in nature.

Course Outline

This two-day training course introduces the basic features and functions of Acumen Fuse® and includes an optional lesson on Acumen 360™ project acceleration.

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Who Should Attend

 

This course target is for Project Portfolio Managers, Program Managers, Project Managers, Enterprise and Project Risk Managers, Project Control Managers, Project Control Engineers, Engineers and Planners, Information Technology Managers.

 

In What Industries

 

Government, Real Estate Development, Aerospace, Defense, Engineering and Construction, Manufacturing and Industrial, Oil, Gas and Petrochemical, Power and Water Utility Plants, Education and Training, Retail, Financial Services, Information Technology, Telecommunication, Media Production, E-Business Enablers, Marketing and Sales, Pharmaceuticals, Environmental Management, Hospitality Management, Shipbuilding and Repair Yards

Chapter 1: Acumen Fuse

 

Day One:

 

· Introduction and overview of Acumen Fuse

· Linking to and importing project data

· Fuse schedule critique

· Assessing cost forecast accuracy

· Tracking execution performance

· Driving logic analysis

· Performing a project forensic analysis

· Report generation

· Schedule Cleanser™

 

Day Two:

 

· Metric building and editing

· Standardizing metrics company-wide

· Analyzing risk model realism

· Schedule acceleration overview

· Writing acceleration scripts

· Evaluating scenarios

 

Chapter 2: Acumen 360

 

· Introduction and overview of Acumen 360

· Schedule acceleration overview

· Writing acceleration scripts

· “What-If…” analysis

· Evaluating scenarios

Certificate

A certificate of completion will be issued to those who attend and complete the program

Deltek Acumen Risk™

What Is Acumen Risk?

So what is Acumen Risk exactly? Acumen Risk is an integrated cost and schedule risk analysis tool that integrates a project team’s existing risk register into a highly accurate risk-adjusted forecast. Need to run a quick schedule risk analysis? Need to build a fully integrated cost/schedule risk model incorporating risk events and mitigation plans? No problem. Acumen Risk is designed to accommodate both ends of the spectrum.

On one hand, Acumen Risk is incredibly powerful, analyzing thousands of activities in seconds while accounting for scope uncertainty, work complexity, risk events and opportunities. On the other hand, it is user friendly eliminating the statistical and logical complexities of building risk models against large project schedules.

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Usability

Acumen Risk simplifies traditional complex statistical inputs and uses native schedule without the need for a manually created summary schedule. Acumen Risk uses parallel processing significantly reducing analysis time and geared towards collaborative risk workshops. It uses industry standard templates for risk loading.

 

Analysis

Acumen Risk provides risk readiness assessments including schedule checking and improvement. Acumen Risk provides integrated cost/schedule risk analysis without the need for a cost/resource loaded schedule. It differentiates between uncertainty and risk events. Apart from that Acumen Risk provides weather modeling and prorates risk event impact across multiple activities and automatically overcomes Central Limit Theorem (benefiting large,

hierarchical schedules).

 

Integration

Acumen Risk integrates with Primavera P6 (XER, XML, direct integration to P6 R8), Microsoft Project & Project Server, Excel and Deltek Risk +.

 

Reporting

Acumen Risk provides real-time insight into team's buy-in to the cost/schedule during risk loading. It provides single click annotation of P-values & contingency. It differentiates between required contingency and excessive float/buffer. Acumen Risk reports risk drivers in true duration/cost context rather than % based. Acumen Risk offers scenario comparison in a single view e.g., pre- and post-mitigated.

 

Who Should Attend

This course target is for Project Portfolio Managers, Program Managers, Project Managers, Enterprise and Project Risk Managers, Project Control Managers, Project Control Engineers, Engineers and Planners, Information Technology Managers.

 

In What Industries

Government, Real Estate Development, Aerospace, Defense, Engineering and Construction, Manufacturing and Industrial, Oil, Gas and Petrochemical, Power and Water Utility Plants, Education and Training, Retail, Financial Services, Information Technology, Telecommunication, Media Production, E-Business Enablers, Marketing and Sales, Pharmaceuticals, Environmental Management, Hospitality Management, Shipbuilding and Repair Yards

Course Outline

This one-day training course introduces risk management best practices and provides advanced training on the functions and features of Acumen Risk™.

· Introduction to Acumen Risk™

· Uncertainty loading and reporting

· Tracking risk events

· Mapping risk events to schedule

· Running a risk analysis

· Evaluating risk scenarios

· Reporting results

Certificate

A certificate of completion will be issued to those who attend and complete the program