Purchase | Myriad | @Risk for Project | RiskAmp

If your goal is to bring your project in on time and on budget, then ‘Myriad’ is the Project Delivery Solution you should consider.

Myriad supports the public entity and owner, contractor and engineer & designer with project delivery; portfolio & program management; project management and project controls with:

• Estimating and Design-to-Cost (DTC) approach
• Budget Collapse
• Cost Controls; Change and Variance Controls; Trending and Forecasting
• Commitment Controls
• Risk Management & Monte Carlo Simulations
• Integration with Scheduling tools such as: Microsoft Project and Primavera Project Planner (P3)
• Automatic Creation of Schedules from Estimates
• Automatic Resource and Cost loading of Schedules
• Progress & Status Reporting

Myriad comes with “RiskAMP” which is a full-featured Monte Carlo Simulation Engine for Microsoft Excel®. You can add Risk Analysis to your spreadsheet models quickly and easily to evaluate probabilistic outcomes for:

• Estimated Cost
• Budgets and Projected Cost (forecasting)
• Determining Contingencies and Management Reserves

Myriad is a database that is simple to use and very relevant to Project Controls Engineers, Construction Managers and Project & Program Managers. It is agile enough to be used for small or large projects. The project controls system uses templates to individually control the scope, cost and schedule for each project.

The intention with Myriad is to facilitate our approach to project delivery like:

• Apply “best practices” for effective and credible
  solutions and results
• Create visibility of project status
• Be flexible in the design of solutions
• Provide the tools to do the job

Myriad is developed in Microsoft Access software and is installed as a runtime version. Myriad can operate on a SQL server or MySQL. Myriad is integrated to work directly with automatic migration of date to external tools such as: MS Excel, MS Project and Primavera Planner (P3).

Myriad creates a database of information that can create reports and controls at a programmatic level that
provides visibility and credibility to the project delivery process. The system does comparative analysis across financials, schedules and throughout work breakdown structures. It provides a common base so that all members can work from the same page.

This is valuable at a number of levels … For instance, in a short period of time, you can look at the reports and know where your project stands relative to its schedule and budget. It also gives you the ability to report up the line quickly on how your project is doing. Myriad will raise the confidence that management and outside stakeholders have in your project and in your ability to complete the project on time and on budget.