How project managers can set up the perfect risk dashboard for project assurance

Project management professionals are time-constrained, so getting a quick pulse on major construction projects is vital. However, dashboarding tools like PowerBI and Tableau are limited and the data can be biased. The alternative is to flip through pages of information on your own. 

There is a better way: Control Room in nPlan Insights, giving PMPs an objective, bias-free project assurance dashboard that tracks progress, shows projected progress, and provides active risk management. 

Control Room: your project assurance dashboard

Control Room is part of nPlan Insights Pro and Insights Project Management Professional, and setting up your perfect risk dashboard is simple.

Start with Barry, our AI Agent, to generate a summary that curates the key information you need from your latest schedule update. You’ll see the information about the work for this week that's planned to start, finish, or continue in progress and get a clear description of what needs attention. Project completion percentage, how many milestones started on time or late, and projected delay for future works are also available in Control Room. In addition, you can see the key actions you've agreed with the team and track their progress. Risks have also been grouped in themes specially curated from your project. 

Project assurance in real-time

How does this all come together? When you or someone from the delivery team creates a new action, it gets automatically added to Control Room so you can easily access it and understand the details of each task, and see what needs to be done, by whom, and when. 

As mentioned above, risks are grouped as themes, and these themes contain auto-generated and custom-created groups of activities, including:

• Grouping activities that are semantically similar using a Natural Language Processing Model. An example of a semantic group can be considered when looking at the synonyms - learn, study, absorb... all relating to taking in knowledge. Such a group of activities might be called Knowledge Gathering. 
• Grouping of activities on the most critical paths in your project. You can use this method to manage several sub-critical paths and ensure none sneak up on you.
• Grouping of activities using the WBS, Activity Code, UDF, or a calendar in your schedule. You can use this method to find entire sections of work that are highly likely to affect the end date if delayed.

Risk themes come with recommended actions which you can easily add to your actions list. Using nPlan Insights to assess how uncertain these groups of activities are, we can calculate how sensitive the target milestone is to them and determine the potential savings that could be achieved through risk mitigation. 

Seeing all this information in a simple-to-consume dashboard, a project management professional can actively manage risk and take action on unbiased, relevant data. Feel free to reach out to us to learn more!