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18 06, 2020

Single Source of Truth, Make Way for a Single Source of Understanding

By |2020-06-18T04:47:28-08:00June 18th, 2020|Blog|0 Comments

Make way for ducklings and for a single source of understanding (apologies to Robert McCloskey)

In my last post I covered the essential attributes of an effective single source of truth—a consolidated, reliable source of project information. But simply collecting project details into a centralized vault is not enough for effective R&D decision making. Your single source of truth needs to become a single source of understanding. A single source of understanding moves beyond the (admittedly already ambitious) single source of truth to

  • Drive consensus on what you do and do not know about the cost, risk, and value of your initiatives
  • Resolve (not just surface) disagreements
  • Go beyond “what is” and highlight “what’s changed” since the last discussion
  • Support conversations around available options and their impacts

Is there really a single truth?

It is a cruel irony that you can create a single source of truth, but there is no single truth. Business is fraught with uncertainty, and no one truly knows whether an innovative product will meet engineering specs, cost constraints, customer requirements, or sales expectations. (more…)

4 03, 2018

Use Variance Analysis to Identify Key Portfolio Changes

By |2018-03-04T22:38:20-08:00March 4th, 2018|Blog|0 Comments

Variance analysis is a common tool in financial analysis, helping teams compare the cost forecasts and schedules to actual values. In portfolio management, variance analysis is used not only for cost and schedule comparison, but also to track changes in project and portfolio forecasts of value over time.

We’ve written about these features in the Enrich Analytics product suite before in an earlier blog post. Today we’re releasing a video that provides a great overview of the variance reporting features available in both Enrich Viewport and the Enrich Analytics Platform. Let us know what our next video should cover!

11 09, 2017

Scenario Analysis is Easy with Enrich Analytics

By |2018-03-04T22:34:54-08:00September 11th, 2017|Blog|0 Comments

In our latest video, we showcase how easy it is to compare projects and portfolios with Enrich Viewport and the Enrich Analytics Platform. The video covers:

  1. When scenario analysis should be used
  2. How to compare projects head-to-head
  3. How to compare portfolios head-to-head
  4. Using a waterfall diagram to summarize differences between two portfolios
  5. Tricks for selecting and deselecting subsets of a portfolio

Even longtime users of Enrich Analytics will benefit from the tips outlined in the video. We look forward to your comments!

PS: Looking for more on scenario analysis? Check out these related blog posts:

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