Project Management Models
Ventana® Project Models focus on the true drivers of output quality, schedule, and cost. They provide a top-down view of major project components, estimating how completion speed and error generation are affected by the availability and quality of labor and prerequisite work. They identify program problems by technical sub-system. They help optimize schedule and budget in the face of shifting deadlines, funding, and output requirements.
Examples:
- Aerospace: Monitoring Contractor Performance - Ventana helped the US Air Force use the limited data provided by contractors to make assessments of the true state of project progress, that turned out to be more accurate than the contractors' internal assessments. More...
- Aerospace: Project Management Learning Sim - For NASA, Ventana developed the Project Manager Learning Sim: a training tool containing a simple project-dynamics model, giving users access to the model via a game-like user interface. The Sim was shown to be successful in giving less experienced project managers several fundamental insights into managing real world projects, the most fundamental of which is that progress data is critically important to managing a project successfully. More...
- Energy: Forecasting the Rate of Technical Breakthroughs - For a major energy company, Ventana consultants built a dynamic simulation model to forecast the rate of technical progress for a $100+ million/year development program. Because the device was already on a leading edge along several scientific dimensions, the program required multiple technical breakthroughs in areas such as materials science, gas dynamics and system reliability. The predictions were hauntingly accurate. More...