Project Management

factors


Tool Specs

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Use factors to determine the most probable outcome of already ongoing projects in your portfolio, and use it to simulate costs and benefits in proposed investments.

Simply enter the relevant factors and your initial estimates, and let factors generate multiple scenarios. Since each scenario is just as likely as any other, based on the same estimates, you need to analyse the whole set. factors shows you all scenarios in graphs, and let you select the subsets you are interested in.

Furthermore, factors calculates which estimates contribute the most to the uncertainty. Use this information to prioritise which measurements to make in order to increase the precision of your estimates and reduce uncertainty.

Not only will you save hours by not having to enter mile-long complex formulas into a spreadsheet - and manually set up the graphs afterwards - you will also find it much easier to revisit your initial simulation throughout the project, and recalculate the probable outcome as conditions change.

You will also discover that your  risk analysis makes much more sense as you use new or mitigated risks to adjust the simulation model in factors, and update the results.

factors is a stand-alone tool, not an add-in to Excel. And it is free!

Categories

Agile
Application Lifecycle Management
Budgeting and Forecasting
Change Management (Version Control)
Collaboration
Document Management
Enterprise Portfolio Management
Expense Tracking
File Sharing
Issue Tracking
Metrics Tracking
Process Management
Professional Services Automation
Program Management
Project Accounting
Project Management
Project Portfolio Management
Reporting
Requirements Management
Resource Management
Risk Management
Scheduling
Service Management
Time Keeping
Workflow Management
Workforce Management

Features

Action Item Tracking
Approval/Workflow Management
Archiving Processes
Archiving Templates
Assignment Tracking
Benefits Documentation and Tracking
Best Practices Management
Billing & Chargeback Tracking
Budgeting & Forecasting
Change/Version Management
Collaboration
Custom User Interface
Customizable Fields
Customizable Functionality
Customizable Reporting
Data Import/Export to MS Excel
Data Import/Export to MS Project
Document Management
Email Integration
Estimating
Executive Dashboarding
Expense Tracking
Fault Management
File Sharing
Gantt Charting
Issue Management
Knowledge Management
Legacy System Integration
Methodology/Process Management
Metrics Management
Milestone Tracking
Mobile Access
Multi-Currency
Multi-Language
Percent-Complete Tracking
Pert Charting
Portfolio Management
Progress Tracking
Project Accounting
Project Estimating
Project Template Customization
Project Template Integration
Project Workflow
Quality Management
Records Management
Reporting (Financial)
Reporting (Progress)
Requirements Management
Resource Management
Risk Management
Scheduling
Software Development Kit
Task Management
Template Customization Support
Time Tracking
Total Cost Tracking
Workforce Management

Platforms

Linux/Unix
Mac
Open Source
Other
Software as a Service
Windows

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