the digital twin of your project landscape provides overview, agility and decision support.

The digital twin of your project landscape

VISBO connects project data from various applications to create an integrated view users can access via web-browser. We call this integrated view of project-, portfolio- and organizational-data the digital twin of the project landscape.

And if you don’t have all this data in digital form already? You can use standardized VISBO Excel forms to easily describe your missing data.

The digital twin is automatically created via “import robots”. These robots access the data users are working with in their daily work: for example budget and time records from ERP, forecast- planning data from project-management tools and information about internal / external capacities and skills from HR systems. This means for you: you are completely relieved from time-consuming, cumbersome, repetitive and error-prone work to put data from various systems into meaningful reports. And beyond that: the VISBO cloud solution perfectly scales up and integrates with other tools, so your people are free to do their detail work with the tools best suited for their needs.

 

The Benefits

Connection of various applications via robots automatically creates an integrated view for schedules, cost, deliverables and provides companies with an unprecedented level of transparency and decision support in their project landscape,

 

Automation of project management activities such as best-practice project creation, what-if resource allocation and creation of reports and analyses brings considerable time and cost benefits.

 

With each new project and project version, the digital twin is “learning”, thus enabling a continously improving efficieny in your project management organization.

 

Examples

 

Multiproject-Views und Roadmaps

Multiproject-View of an portfolio scenario consisting of currently active projects and potentially coming projects from the sales- and innovation pipeline. Easy filtering by name, business-units, strategic KPI and risk KPI.

 

Key Performance Metric of an project

Each project-version is compared in criterias cost, schedules and deliverables with its last baseline. This comparison defines the KeyMetric of a project. Users can easily drill-down on each criteria to get detailed information. For example the monthly cost comparison with regard to overall cost or to selected roles and resources. Or for a detailed comparison with regard to schedules within the project.

 

 

Portfolio Performance with regard to schedules, cost and deliverables.

Performance Matrix. The position of a project within that performance matrix is defined by the comparison between current project plan and baseline project plan. A project which is shown exactly in the center of the performance matrix , is perfectly “on Target” with regard to the criterias shown on X- resp. Y-axes. The greater the distance of a project from the center, the greater the deviation of the project with regard to the baseline. The digital twin never forgets: former planning versions plus comparison with regard to baseline are stored and builds over time an extremely valuable knowledge pool of project trends, ideally suited fo machine learning algorithms and KI.

 

Utilization and resource-bottleneck analyses in the whole portfolio

The chart shows the monthly resource needs from all projects of the given Portfolio for “Entwickler” during the selected timeframe. Columns in “grey” represent the Actual Data coming from “time recording systems, columns in “blue” show the forecasted monthly resource needs coming from project management tools. Resource needs may be compared against total capacity or the sum of project baselines of the portfolio. When compared against total capacity the chart shows how much of the capacity stems from intern, how much from extern capacities.

 

 

 

Interested?  Then please contact us via the form below. We are happy to tell you more.

 

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What makes VISBO different?

  • 1.Linking of various applications.

    The digital twin provides an integrated view of schedules, cost and deliverables of current and potentially coming projects, independent of the data source. Beyond that the digital twin contains information about internal and external resource capacities.

  • 2.Visualization and easy Drill-Down.

    Users may visualize and drill down data they are entitled to via web-browser.

  • 3.Automation

    VISBO continously works on further automation of project management processes such as knowledge based project creation, automated creation of reports and cockpits and the automation of imports via import software robots.

  • 4.What-if Simulations

    A digital twin may be copied and modified in selected entities such as number of projects in a portfolio, budgets, schedules, resource needs and setup of internal and external capacities. In what-if simulations several variations in portfolio, projects and organisation may be compared with each other in order to find the best possible approach with regard to utilization or profitability in the project landscape.  Companies are now able to rapidly test several approaches in the digital world before bringing the most promising approach into execution.

  • 5.Machine Learning and KI 

    The digital twin does not forget – and is always learning.  All project versions with data regarding budget, schedules, resource needs, deliverables are stored. And with each new project version the digital twin is machine learning about the dependencies between schedules, cost and deliverables. In summer 2021 VISBO launched on this basis the first predictive analysis modul: the prediction of total costs of a currently active project.

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We'd love to tell you more!

Contact us to learn more. Or check out our events. We're happy to meet you!