Project Business Analytics

Business Intelligence and Analytics can be defined as the set of techniques and tools for the transformation of raw data into meaningful and useful information for business and decision-making.

CPM has an active practice solely dedicated to Project Business Analytics through its sister company, Acumenian.

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CPM, in collaboration with Acumenian,  provides data analysis and visualization services, whereby key performance indicators for a specific project or program are developed, implemented, and tracked in order to enhance the effectiveness of decision-making process related to the management of such project or program.

The main objective of CPM’s Business Analytics practice is to provide reliable program or project visibility to main decision-makers and other stakeholders in order to support strategic and tactical decision-making processes. Having reliable, timely and well-presented information is critical in order to ensure an effective execution of any infrastructure project or capital improvement.

The benefits of strong Business Analytics are summarized in the diagram below:

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CPM has provided a great deal of value to client’s decision-making process in a wide range of sectors. Below is a selected list of examples where CPM’s Business Analytics have been applied:

Clients

Business Analytics Services

Results

Large Real Estate Investment Fund

Developed customized monthly metrics report template to analyze overall project status and construction activity.

Significant improvement in visibility of different construction projects in investment portfolio.

Industrial Client

Developed schedule to effectively monitor the progress of the critical path activities.

Daily visibility tool allowed to recover 35 days of delay in the project. Risks of possible legal claims were fully mitigated.

Major Infrastructure Government Agency

Developed project visibility tools including schedules, progress reports and plans.

Client experienced a production increase of 40% and greater ability to optimize funds and finalized the projects with fund surpluses.

Major Transportation/ Highway Agency

Developed of project visibility tools including schedules, progress reports and plans.

Visibility tool and metrics allowed to identify operational causes that generated delays in a series of administrative tasks, which in turn were affecting overall performance of subcontractors. Additional operational metrics were developed to ensure the problems were not repeated.

 

Project Business Analytics proactively assists clients in monitoring progress, detecting trends and improving the decision-making in large or multiple capital improvement programs. CPM successfully applies Business Analytics tools to infrastructure projects and capital improvements generating notable results for clients.

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