predictive analytics case study

Predictive Analytics

Smarter Project Management

in Supply Chains

business need

The organization needed a proactive, AI-driven approach to analyse project data, identify risks early, and improve project success rates. The goal was to reduce cost overruns, increase on-time delivery, and enhance portfolio visibility at the executive level.

Traditional project management methodologies were insufficient in delivering projects on time and within budget. Key challenges included:

  • Budget Overruns: 33% of projects exceeded budget by an average of 74%.
  • Schedule Delays: 62% of projects experienced an average 63% delay.
  • Data Quality Issues: Only 22% of projects maintained consistent, high-quality data.

solution

greyfly.ai deployed the Intelligent Project Prediction (IPP) platform to:

  • Analyze historical project data and extract key risk indicators.
  • Predict project outcomes with high accuracy early in the project lifecycle.
  • Enable executive decision-making by identifying at-risk projects before issues escalate.
  • Prioritize project interventions based on data-driven insights.

result

“6.4% Portfolio Cost Savings: Optimized cost control, identifying major areas for efficiency gains.”.

  • 90% Accuracy: Achieved an unprecedented prediction accuracy rate, revolutionizing planning and risk management.
  • 22% → 91% Data Maturity Increase: Improved project data quality, enabling smarter decision-making.
  • Operational Efficiency Gains: Reduced delays and improved executive oversight, contributing to overall business performance and project outcomes.
  • Sustainability Impact: Reduced project failures and resource wastage, aligning with environmental objectives.
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IPP Case Study 3.14 MB 1282 downloads

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