SmartPM™ -  Technical White Paper
 

 

“The price of light is less than the cost of darkness.” ~ Arthur Nielsen

 

SmartPM™  Technical White Paper

 

“The price of light is less than the cost of darkness.”

~ Arthur Nielsen

 

A Proven Methodology for Schedule-Based Project Analytics

According to a recent study by FMI, global construction waste amounts to a financial loss of $1.4 Trillion. Similar industry studies demonstrate that approximately 60% of this loss is caused by project delays, which is why it is critical to understand the root causes of delays and cost overruns. But to do so requires a deep understanding of how project stakeholders, activities, and logic all interact and impact project completion dates and cost overruns.  According to SmartPM’s CEO, Michael Pink and VP of Customer Success, John Tuskowski, the project schedule is the best data source stakeholders have at their disposal for truly understanding these connections. In this whitepaper, they lay out a proven methodology for effectively analyzing project schedules across five key areas, including:

  • Schedule Quality
  • Schedule Compression and Recovery
  • Critical Path Delays
  • Feasibility,
  • Predictive Analytics

Enjoy the reading!