Intaver and SNA Software Deliver New Program Management Risk Solution
New Capabilities include use of Industry JSON Schema
November 29, 2022. Intaver Institute of Calgary Canada, the makers of RiskyProject, and SNA Software LLC of Orlando, Florida, makers of Proteus and Envision, announced a new set of integration enhancements between their products in order to facilitate the delivery of a complete program and project management risk solution for use within the GovCon and Aerospace & Defense industries. The announcement parallels the release into production of the new capabilities to their major customers.
The new integration utilizes an extension to the neutral industry and government IPMDAR JSON schema. Applying this approach optimizes project management scheduling data, allowing its access and analysis regardless of originating scheduling application. This enhancement provides a standardized and consistent approach to risk analysis that is accessible to both general project and specialized risk practitioners across industry, government, and project management customers and strategic partners.
Matt Pitstick, Chief Technology Officer for SNA Software, stated: “We have been working with our industry and agency customers for the last year to ensure that we apply an automation and open systems solution in supporting the processes of risk analysis applied to all of the subsystems in project management: earned value, schedule, technical performance, and financial. The combination of RiskyProject and Proteus Envision delivers, most significantly, rapid and repeatable processes in support of schedule risk analysis (SRA) and Joint Confidence Level (JCL) Analysis.”
With the significant power and scaling of the Proteus BI platform and the extensive COTS functionality delivered through Envision repositories, historical schedules are maintained with the ability to compare results across status dates, or to run new simulations on revised status dates. Cost simulations integrated with schedule provide powerful early warning analysis of project performance.
“Proteus Envision is one of the only applications on the market today fully utilizing the IPMDAR standard schema,” said Nicholas Pisano, CEO of SNA Software.
“Our COTS data capture and transformation application EnvisionData has significantly eliminated the bespoke nature of that effort, capturing large project management datasets in a matter of seconds or minutes, depending on size, where in the past a team of data specialists and much direct labor with Excel workbooks would have been necessary over a period of days or weeks. The software captures both the Contract Performance Dataset (CPD) and the Schedule Performance Dataset (SPD), at any level of detail, and place these in a neutral and open database for complete data democratization. This then provides the basis for the top-tier RiskyProject application to apply its comprehensive qualitative and quantitative risk analysis capabilities to that data.”
RiskyProject provides the engine that delivers the goods, applying its powerful risk analysis engines against any size dataset to deliver its results back to Proteus Envision using common data tables that allows project and program stakeholders the ability to receive timely intelligence based on the best automated analysis available.
Michael Trumper, Director of Business Development at Intaver Institute summarized the process. “Once the contract period data is loaded into Proteus, we can pull the cost and schedule data with uncertainties into RiskyProject. Once the cost and schedule data are loaded, program risks from the integrated risk register are linked to the cost and schedule data. RiskyProject then runs a complete integrated cost and schedule simulation on the data generating forecasts for cost, schedule, JCL (joint confidence levels), sensitivity, risk scores and priority, and additional risk metrics. The results of the risk analysis can then be pulled back into Proteus and presented in the Program Management reports and dashboards.”