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Ventana Project Models
Ventana® Project Models focus on the real drivers of output quality, schedule, and cost. They provide a top-down view of major project components, tracking 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.
Example
> Contractor performance
Contractor
performance
The Electronic Systems Division (ESD) of the United States Air Force
hired Ventana to create a model for contract management and control.
The objective was to make accurate forecasts of project outcomes
using only the limited contract data provided to the Government
by private contractors. In its first application, the Ventana model
accurately predicted that an important development project would
be completed on schedule and only slightly over budget, an unusual
outcome for an innovative defense project. Key to Ventana's success
was normal monthly program reports to infer the amount of rework
that the contractor would later discover.
ESD verified the model's effectiveness by successfully applying
it to additional projects. In one case, Ventana's forecast of a
critical program's schedule was markedly different from the program
plan and from all other expert forecasts. The Ventana forecasts
proved highly accurate. This success prompted a visit from the contractor's
headquarters to find out how Ventana, using only data released to
the Government, had managed to beat the in-house forecasts that
used full information. Most importantly, the Ventana model also
revealed, for each project, how adjustments to deadlines and budgets
could save both time and money.
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