EPM 302: Advanced Reports for Performance Analysisusing wInsight

Mitch Mueller

Lockheed Martin

May 2011

April 18, 20232

Abstract

©2011 Lockheed Martin Corp. All Rights Reserved

This session will demonstrate how PMs, CAMs, and Analysts can improve performance analysis and data validation with wInsight reports.

Join this session to see the latest in wInsight reports for automated contract performance evaluation, control account performance analysis, variance root cause analysis, control account resource plan evaluation (fact, fiction, or fantasy), and process compliance.

April 18, 20233

Agenda

©2011 Lockheed Martin Corp. All Rights Reserved

•Introduction

•Program Management Basis for Action – Actionable Data

•Management by Exception – Filtering

•Data Quality – Data Integrity Issues, Omissions, and Negligence

•Program Performance – Fact, Fiction, or Fantasy

•EAC Realism – Optimism, Delusions, or more Fantasies

•Program Performance Variance Root Cause Analysis - Mitigation

April 18, 20234

Introduction

©2011 Lockheed Martin Corp. All Rights Reserved

wInsight Experience:

•wInsight Admin and Desktop for over 15 years

•Citrix access for users from multiple remote locations

•wInsight Web, Web portal (wInsight Web Services) for over 8 years

•Over 200 contracts with +800 users accessing 8 SQL Databases

•Integrated VAR Narrative with workflow approval, timestamp and status

•Integrated VAR Corrective Actions and Program Action Items

•Integrated DD1921 Summary, 1921-1, 1921-2 Reporting

•Integrated Schedule with IMP & EV ID, Date Constraints, Subprojects

•Interfaces for PM data warehouse, CAM Analytics

April 18, 20235

Performance Management

©2011 Lockheed Martin Corp. All Rights Reserved

Performance Management 101:

•Is your data valid?

•Is your program in variance from your plan?

•Is your EAC realistic?

•Is your VAR Narrative a competent summary of:

•The nature of the problem(s)?•The impact to the program?•The mitigating corrective actions?

You are responsible. Get the answers before the Customer asks!

April 18, 20236

Actionable Data

©2011 Lockheed Martin Corp. All Rights Reserved

Program Management Basis for Action – Actionable Data

•WBS, OBS

•Contract Level 1, CPR Elements, Control Accounts, Work Packages

•ProjOff (The real Owner and POC for each element)

•BCWS(Plan), ACWP(Actuals), BCWP(Earned), BAC, EAC, ETC

•For Discrete and LOE elements

•ElemType (Control Accounts, Work Packages)

•EVM (LOE, Discrete, Cobra PMT values, other)

•VAR User Narratives and VAR Format 5 Narratives as applicable

•Schedule Data Integrated by WBS and Owner

April 18, 20237 ©2011 Lockheed Martin Corp. All Rights Reserved

Actionable Data- Demo

April 18, 20238

Management by Exception

©2011 Lockheed Martin Corp. All Rights Reserved

Management by Exception – Filtering

•Fmt5Var <> ‘’, Fmt5Var Like ‘%S%’ , Fmt5Var Like ‘%C%’, Like ‘%V%’

•CpiToLre < -0.05

•CvClrCum = ‘R’, SvClrCum = ‘R’, VacClr = ‘R’

•CvDirCum = ‘D’, SvDirCum = ‘D’, VacDir = ‘D’, CpiToLreDir = ‘D’

•ProjOff Like '(Name)%‘, WbsNum Like '(WBS or OBS ID)%’

•ElemType Like ‘C’ AND Fmt5Var <> ‘’

•ElemType Like ‘W’ AND EVM Like ‘LOE’

Also see “Aggregate Bull’s-eye” Chart when sorted by ProjOff

April 18, 20239 ©2011 Lockheed Martin Corp. All Rights Reserved

Filtering- Demo

April 18, 202310

Data Quality

©2011 Lockheed Martin Corp. All Rights Reserved

Data Quality – Data Integrity Issues, Omissions, and Negligence

•Contract Quick Scan Report

•Recalc Options Report

•CPR Validation Report (The Validator by Eleanor Haupt)

•Validation Report (By Deltek)

•Validation of Selected Elements Report

April 18, 202311 ©2011 Lockheed Martin Corp. All Rights Reserved

Data Validation- Demo

April 18, 202312

Program Performance

©2011 Lockheed Martin Corp. All Rights Reserved

Program Performance – Fact, Fiction, or Fantasy

•Views with CvTrCum, SvTrCum, VacTr, CpiToEacTr

•Cum Element Performance Chart

•Cumulative Variance Chart

•Cum Time Phase Analysis Chart

•Resource Plan Evaluation Report (aka 30/60/90 Outlook)

•VAR Historical Analysis Report

•VAR Analysis of Selected Elements Report

•VAR Analysis of Tiering Elements Report

•Earned Value Margin of Error Report, CV Margin of Error Report

April 18, 202313 ©2011 Lockheed Martin Corp. All Rights Reserved

Program Performance Analysis - Demo

April 18, 202314

EAC Realism

©2011 Lockheed Martin Corp. All Rights Reserved

EAC Realism – Optimism, Delusions, or more Fantasies

•Estimates at Completion (EAC) Chart

•Completion Forecasts with Plan vs Actuals vs Earned & ETC vs BCWR

•EAC Realism Report (by Eleanor Haupt)

April 18, 202315 ©2011 Lockheed Martin Corp. All Rights Reserved

EAC Realism- Demo

April 18, 202316

Variance Root Cause Analysis

©2011 Lockheed Martin Corp. All Rights Reserved

Program Performance Variance Root Cause Analysis

For Mitigation or Litigation

•Variance Root Cause Analysis ReportDependent upon data from Cost Tool for wInsight Units:

•Dollars, Hours, EQP•Labor Dollars, Material, ODC•Overhead, G&A, COM•Factory Cost, Total Cost

April 18, 202317 ©2011 Lockheed Martin Corp. All Rights Reserved

Variance Root Cause Analysis- Demo

April 18, 202318 ©2011 Lockheed Martin Corp. All Rights Reserved

Questions?

April 18, 202319

Collaborate

©2011 Lockheed Martin Corp. All Rights Reserved

•Send me an email (starting with “Deltek Insight” in the subject please)Mitch.Mueller@LMCo.Com

•Join the wInsight Industry Group (WIG) for quarterly telecon meetingsTimothy.Gaughan@PW.UTC.Com http://www.deltek.com/communities/usergroups/wInsight.asp

•Join the Deltek wInsight Web Communityhttp://govwin.com/ (Contact Tim Gaughan for Group access)

•Visit the Deltek wInsight Forumhttp://forums.deltek.com/ (Customer Account Userid required)

April 18, 202320 ©2011 Lockheed Martin Corp. All Rights Reserved

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