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PS Hack 7 - Challenge 11 - Progress Theory v Reality

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SPS - Subsea Production Systems - delivers EPC Projects (Engineering, Procurement, Construction) for Oil Majors, National Oil Companies and Independent O&G Operators. These projects are managed through Primavera P6 and are made of multiple schedules, each with hundreds of activities.

Actual Progress in our many types of Project Schedule activities is accrued according to varying profiles, which deviate a lot from the assumed template profiles we use in our baseline schedules. We need a comprehensive template vs actual comparison and suggestions as to what kind of clustering / refinement we need to put in place to make them more accurate. We project the % Progress to be accrued over the lifetime of each Activity based on Curve profiles that represent when we expect to comply with each of the steps towards activity completion, i.e., when rules of credit are fulfilled.

You should compare how our theoretical Activity Progress curves compare with the Actual Activity Progress from 14 Projects. You will need to develop a measurement of the quality of the fit. We would like to know which of the theoretical curves fit better than others. We would also like you to provide advice on changes to our theoretical curves to better fit reality.
CHALLENGE 11.pptx Demo Data.xlsx Demo Solution.txt

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About PS Hack 7 - Challenge 11 - Progress Theory v Reality

SPS - Subsea Production Systems - delivers EPC Projects (Engineering, Procurement, Construction) for Oil Majors, National Oil Companies and Independent O&G Operators. These projects are managed through Primavera P6 and are made of multiple schedules, each with hundreds of activities.

Actual Progress in our many types of Project Schedule activities is accrued according to varying profiles, which deviate a lot from the assumed template profiles we use in our baseline schedules. We need a comprehensive template vs actual comparison and suggestions as to what kind of clustering / refinement we need to put in place to make them more accurate. We project the % Progress to be accrued over the lifetime of each Activity based on Curve profiles that represent when we expect to comply with each of the steps towards activity completion, i.e., when rules of credit are fulfilled.

You should compare how our theoretical Activity Progress curves compare with the Actual Activity Progress from 14 Projects. You will need to develop a measurement of the quality of the fit. We would like to know which of the theoretical curves fit better than others. We would also like you to provide advice on changes to our theoretical curves to better fit reality.

CHALLENGE 11.pptx Demo Data.xlsx Demo Solution.txt

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