Considering that achieving project objectives will occur over time and that differing conditions will be exposed, including detrimental variability from various sources, a process to continuously improve performance must be put in place. To achieve this, SPS|PM provides access to a variety of Reports, Decision-Support Mechanisms and Analytics that, if effectively used, will contribute to expose performance improvement opportunities based on actual project production data. Effective use of these Reports, Decision-Support Mechanisms and Analytics enables project teams to improve process designs, identify and address sources of variability, reduce cycle times and work-in-process and achieve optimal throughput and capacity utilization.
This section provides a detailed description of SPS|PM Reports, Decision-Support Mechanisms, and Analytics including why they are important, how they work, how to interpret the data and what to do to access them.
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Analytics
In contrast with project controls indicators that focus on reporting and forecasting progress, Production Analytics are designed to expose opportunities...
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Decision-Support Mechanisms
Decision-Support Mechanisms are not a type of Performance Indicator, but rather tools in SPS|PM that enable teams to make better...
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Reports
SPS|PM provides access to the following reports: