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Deltek Expands Its Project Planning Acumen

Written By: Predrag Jakovljevic
Published On: July 18 2013

Deltek, the leading provider of enterprise software and information solutions for professional services firms and government contractors, made its first acquisition under its new owner, Thoma Bravo, and new CEO Mike Corkery. The vendor has acquired Acumen, a Texas-based provider of project management solutions and services for project-oriented businesses. The acquired company delivers project planning, analytics, and risk management solutions that help companies develop profitably achievable project schedules, ensuring projects are on the right track from start to finish.



Acumen, founded by recognized project management experts with decades of experience, was built with the idea that a good plan makes a great project. Companies that use Acumen’s solutions, including many of the world’s largest aerospace and defense (A&D), energy, construction, and engineering firms, are consistently able to deliver complex, multimillion dollar projects and programs on time and on budget. Acumen complements Deltek’s already strong project management (including project costs), integrated program management (IPM), and resource management solutions by enhancing the critical project planning and scheduling part of Deltek’s portfolio. While Deltek will continue to sell Acumen standalone, it will also be integrating it into Deltek’s IPM and project management solutions for government contractors, professional services firms, and architecture and engineering firms.

Now What?

This is not really a competitive takeout play by Deltek as much as it is about finding an interesting solution that plugs right into Deltek, both on the govcon and professional services sides of the business. Acumen is similar to some supply chain management (SCM) technologies that feature sophisticated what-if and scenario analysis solutions. It allows project managers to play with variables when they are setting up a plan—variables like the number of resources available, potential project delivery dates, risk tolerance, and more—to find the most optimal realistic plan that meets the business goals. These solutions help project managers create a sound plan based on a true picture of their business by empowering them to properly account for all of the variables and inevitable risks that can send projects off course.

Too often projects have been started without a good plan or schedule, and things can go off track quickly. Again, Acumen should enhance the planning and scheduling part of what Deltek does across all of its apps—Deltek IPM (formerly Deltek EPM, standing for “enterprise project management”), and the project capabilities of Deltek Vision and Maconomy. The acquisition is also a way for Deltek to get into some other project-related verticals such as energy, oil and gas, mining, and others. From a competitive standpoint, Acumen interfaces with Deltek Open Plan, Oracle Primavera, and Microsoft Project. So, it can’t help but make Deltek better against these competitors.
 
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