Case Study Details

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Client:

Our client is a large construction company situated in the United States that specializes in highly complicated and long-term building projects.

The customer sought to create an analytics solution that would allow them to anticipate and oversee the success of new and continuing projects in two dimensions: budget and schedule, across various stages, such as bidding, planning, pre-construction, and construction.

 

Challenges:

  • Project success must be predicted properly and early to allow for remedial action.
  • There are over 200 attributes to evaluate in the database.
  • Data entered manually by project managers has missing values, mistakes, and inconsistencies.

Analytics Solution

  Created a portfolio risk matrix based on high/low risks across budget and schedule success using analytical models. Budget and schedule risks predicted at the project level for the current and preceding months. Created executive dashboards to investigate various risk variables, their distribution, and the project's impact. Provided drill-down functionality by combining numerous properties.