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Discover how the Project Portfolio Digital Twin (PPDT) can help you and your team
Leverage the Project Portfolio Digital Twin (PPDT) to enhance project performance, anticipate potential delays, and make data-driven decisions that transform your project outcomes.
Reliable Commitments & Optimal Decisions
Boost your confidence in making operational and financial commitments, and ensure you use the best strategies and tactics for your organization.
Best Practices Comparison
Access and compare project management methodologies including the Waterfall method, Critical Path, Critical Chain Project Management, and Agile.
Quick Impact Assessments & Response
Quickly determine the impact of unplanned events and identify the most effective response to minimize disruptions.
Self-Configurable, Flexible Deployment & Fast Execution
Import data seamlessly into the PPDT. Deploy it as a Java App on any computer/OS or opt for a Private Cloud server. Run and analyze hundreds of simulations in minutes.
The Project Portfolio Digital Twin (PPDT)
guides users through 5 simple steps to gain insights
STEP 1 - LOAD DATA
Create a digital twin in SECONDS from your project data with the PPDT
- PPDT allows users to instantly create a digital twin of a single project or even of a whole portfolio of projects directly from your project data.
- It used to take 3 to 24 months to build Digital Twins of Project Management systems. The PPDT achieves this in 3 to 24 seconds!
- You can upload your project data using the data template embedded in the PPDT, or our team can assist in building direct interfaces to your Project Management Software to automate the data-uploading process.
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Click the image to expand it, and zoom in to see it more clearly.
The screenshot is showing data from the demo example in the PPDT
STEP 2 - PRE-RUN DATA ANALYSIS
The PPDT provides a summary from 4 perspectives from the data that was uploaded.
For the project plan and resource plan, you can “look inside” to view more detailes and gain more insights.
If data is wrong/ missing, it will be flagged in this step
- Get detailed overviews of the Project Portfolio, Financial Targets, Project Plan, and Resource Plan
- Identify potential bottlenecks and areas for improvement before running simulations
- Analyze critical paths and Gantt charts by resource type to spot potential bottlenecks.
The screenshot is showing data from the demo example in the PPDT
STEP 3 - SCENARIO SETUP
With the PPDT, you can easily create multiple scenarios to compare different planning and execution rules, changes to resourcing, or the addition of unplanned events.
This allows you to explore different what-if scenarios, and see the best course of action for your projects.
- Create scenarios with different execution settings and see which scenario performs the best
- Create scenarios with varying task-switching frequency, prioritization, and start options to see what works best for your project(s)
- See the impact of enabling extra resources to understand the real effect and identify areas for improvement
The screenshot is showing the simulated results from the demo example in the PPDT
STEP 4 - RUN mODEL
Watch the simulation while it's running with dashboards to see the results for both PERFECT World (No Variability) and REAL World (Random Variability In task Durations And Resource Availability) Conditions
- Track financial metrics, portfolio status, and resource utilization for in-depth understanding of your project's health
- Analyze project delays, constraints, and variability to pinpoint areas of concern and make proactive adjustments
- Gain valuable insights from both perfect world and real-world scenarios, factoring in variability in task durations and resource availability
The screenshot is showing the simulated results from the demo example in the PPDT
STEP 5 - REVIEW & IMPROVE
The PPDT Gives You Insights And Recommendations On How To Improve Project Time And Cost Performance.
- Analyze simulation results to identify opportunities for improving project time and cost performance
- Benefit from actionable insights and recommendations provided by the PPDT to fine-tune your project strategies
- Iterate on your project settings and rules, re-run the simulation, and compare results to continually optimize performance
The screenshot is showing recommendations from the demo example in the PPDT
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Project Portfolio Digital Twin, a product developed by Goldratt Research Labs
All Rights Reserved © 2024
Have a question or want to learn how the Project Portfolio Digital Twin can help your company?
Send Us An Email
marketing@goldrattresearchlabs.com
Project Portfolio Digital Twin, a product developed by Goldratt Research Labs
All Rights Reserved © 2023
Have a question or want to learn how the Project Portfolio Digital Twin can help your company?
Send Us An Email
marketing@goldrattresearchlabs.com