Booz Allen Polaris

Understand Your Project Controls

Projects can be exceedingly complex; they are comprised of many different functions including budgeting, estimating, scheduling, and risk management. Booz Allen Polaris takes all of these pieces and integrates them into a single picture finding inconsistencies, risks, and drivers of cost and schedule growth, allowing your projects to be more efficient and streamlined.
 

Working with What's in Place

Shifting Project Controls Platforms is time consuming and expensive. Rather than requiring the creation of new artifacts, Booz Allen Polaris leverages existing project management data. Booz Allen Polaris is fully compatible with industry tools including Oracle^® Primavera P6, Microsoft^® Project and Microsoft^®Excel, allowing the team to continue using their existing infrastructure, streamlining all project data into one manageable space.
 

Many Functions. One Team.

Nothing is more critical to a project than the team. Cost Estimators, Schedulers, Risk Managers, and Project Managers all play integral roles in the completion of the project; each team member uses their skills to deliver the best possible results. Unfortunately, with so many moving parts, communicating to all team members can be tough. Through Booz Allen Polaris’ seamless merging of artifacts, teams can use one file, enabling real-time analysis, seeing the immediate effects each function area has upon the others.

Nothing Left to the Imagination

When driving down a dark road, it’s always a good idea to turn on the headlights. The same is true when managing a project. No one can predict the future, but with Booz Allen Polaris project managers now have the ability to see the entire range of possible outcomes both before and during project execution. Booz Allen Polaris is built on Booz Allen’s RealTime Analytics technology^TM empowering thousands of Monte Carlo Simulations to run in mere seconds. These thousands of simulations provide a guiding light for managers to see variations of potential cost and schedule outcomes.

Guessing vs. Knowing

Take out the guessing game when making decisions. Don’t settle for qualitative information when Polaris uses quantitative data to predict potential outcomes. Polaris simulates a myriad of potential sources of risk and uncertainty thousands of times, accurately forecasting future cost and schedule growth. By comparing forecasts against the planned schedule and available budget, managers can better arm themselves against risks before they arise and pose a threat.

Integrated Cost and Schedule Risk Analysis (ICSRA)

The fundamental idea of ICSRA is that costs, schedules, and risks are uncertain events describable as probability distributions. By determining the combined effects of those distributions we can predict future cost and schedule growth and analyze its sources.

Schedule Risk Analysis (SRA)

For projects just starting to use quantitative analysis, Booz Allen Polaris can quickly perform SRA without incorporating budgets. Equipped with a variety of views, Booz Allen Polaris gives analysts the ability to scale their analysis for their organization’s maturity and their project’s needs.

Down to the Lowest Level

Booz Allen Polaris, using RealTime Analytics technology^TM, stores the outcomes of every single input (uncertainty and risk) and every single output (cost, schedule, and resources) for the entire model, for all iterations of the simulation run. This allows analysts to perform unparalleled root cause analysis to uncover sources of cost and schedule growth at all levels of the project.

Complex Analysis Made Accessible

Analysis is only as valuable as it is understandable. This is why Booz Allen Polaris’ analyses are presented using evocative visuals, built into an easy-to-use interface allowing decision makers to quickly understand the results while fostering communication across the project controls disciplines.

The Right Decisions at the Right Time

Analysis is only valuable if it enables better decision making. The most revolutionary feature of Booz Allen Polaris is giving all users, from analysts to decision makers, the ability to test mitigative actions and to see their impact on reducing cost and schedule growth. With RealTime Analytics technology, it is not only possible to take action but also to see the impacts of those decisions immediately, while still in the meeting. Hour long simulation run times are a thing of the past. With Booz Allen Polaris, it is possible to streamline team communications, analyze challenges, simulate every risk that lies ahead and discover the best possible project path.