Ess3ntial

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The new era of Project Management

Intelligent Management

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What is ess3ntial?

The success of every organization depends on the success of its projects. Every organization is, essentially, an ongoing collection of unfolding projects. For this reason, the focus of leadership, Boards and C-suites must be on how well and timely these projects are executed.
Projects require a pool of competencies and every person in the company brings a set of competencies at various levels. When we have a way to schedule those competencies into projects, we can truly unlock the potential of all the resources available.
We can facilitate teamwork
by removing the barriers that prevent it, orchestrating people's talents and skills in a time-sensitive and continuously evolving Network of Projects.By scheduling available competencies, we gain unprecedented flexibility and we accelerate project completion. This accelerates the achievement of the overall goal of the organization, financial or otherwise.

The Critical Chain algorithm originally developed by Dr. Eliyahu Goldratt, has long been adopted by aerospace and military for its effectiveness. Critical Chain schedules projects based on real availability, i.e. finite capacity, it accelerates project completion through realistic estimates of task duration and absorbs the variation that affects all the tasks into one Project Buffer at the end.

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Critical Chain

It works according to the finite capacity algorithm Critical Chain

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Resource and Competencies

It manages the competencies of each resource

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Multi-project platform

It is a multi-project platform

"Ess3ntial" is a software platform that enables managers to work with a network of projects at at finite capacity by scheduling competencies according to their availability. The engine of the software is the Critical Chain algorithm, appropriately modified by Intelligent Management to account for multiple projects and to manage levels of competencies. We started from the math; we wrote the algorithm, built the code and developed it into the solution you will see. Moreover, we have introduced a statistical understanding of Project Buffer variation that allows a true insight into project progress, far from the fallacies of the three-zone, spec-induced and tampering-prone management approach.

Ess3ntial enables a better future of work. It addresses the multilayered issue of how to optimize finite resources to maximize throughput. This is critical if we are to generate wealth sustainably and in a way that maximizes Quality of products and services, meaningful Involvement of people and accelerated Flow of project completion.

Ess3ntial is the fruit of 25 years of work from Intelligent Management Inc. supporting organizations in a continuous feedback cycle between sound theoretical development and on-the-field validation. Ultimately, we are Applied Scientists and our realm of operation is organizations striving for better performance at every level: we are successful if they are.At the very core of all this work there is our vision and drive to provide a meaningful contribution to the advancement of Dr. Deming and Dr. Goldratt's teachings; our goal is, to use the words of Dr. Deming, "the transformation of the prevailing style of management into one of (whole) systems optimization".

A new type of thinking is Essential if mankind is to survive and move towards higher levels.

ALBERT EINSTEIN

Technology

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  • Cloud-based multi-project platform
  • Critical Chain finite capacity scheduling
  • Schedules competencies not just resources
  • Simulates schedules until you are ready to launch
  • Imports calendars of resources
  • Simple, modern, easy to use design
  • Secure

Reports

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  • Exports Gantt of Critical Path and Critical Chain in PDF
  • Exports Gaant charts of multi-projects in one PDF
  • Provides reports by task as well as by resource
  • Real-time information on delays or ahead-of-schedule status
  • Saves completed projects in an archive

Predictive

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  • Provides realistic start date
  • Allows deeper insight into the state of the Project Buffer by using Statistical Process Control to monitor oscillation
  • Project buffer monitoring provides early warning of delays in execution
  • Daily insight into underlying statistical trend of progress
  • Provides visibility on criticality (lack) of competencies (and consequent risk associated)

Company-wide collaboration powered by competencies

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  • Gives visibility on all the available competencies throughout the organization and schedules competencies, NOT JUST resources, in this way unlocking hidden capacity from the available pool of competencies to accelerate project completion across a multitude of ongoing projects
  • Alerts to criticality of competencies that could constrain project completion
  • Facilitates investment decisions by highlighting competencies that have highest impact
  • Gives HR clear indications of where education and training should focus

The Team

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Co-Founder IM

Giovanni Siepe

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Founder IM

Domenico Lepore

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Co-Founder IM

Angela Montgomery

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Algorithm Developer

Francesco Siepe

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Software & Cloud Computing Architect

Nicola Vastola

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Front-End Developer

Francesco Giugliano

Contact

Contact us for any information

Info@ess3ntial.com

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Ess3ntial

The new era of Project Management

© 2018 INTELLIGENT MANAGEMENT INC. CANADA

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