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VirtECS® Comet
VirtECS® COMET (Combinatorial Optimization Managing Emerging Therapeutics) is a novel software package
designed for project and function managers to improve the difficult processes of candidate project selection and
resource allocation and scheduling. VirtECS® COMET begins by pulling together data from disparate sources
on milestones, deliverables, resource supply and demand, and project priorities. Reports and interactive graphs
allow the user to identify resource bottlenecks and to visualize opportunities for selecting new candidates to
enter the portfolio. Resources are tracked on both a probabilized and unprobabilized basis - since new product
development is an inherently uncertain process. VirtECS® COMET has a number of features designed to allow
the user to consider a variety of scenarios, consider their resource usage patterns, and compare different
options. The greatest benefits are available, however, when the system is teamed up with VirtECS® PlanIt
and/or VirtECS® Scheduler. These supplemental modules provide advanced analytical capability for portfolio
optimization, site selection, optimization of outsource and in-license options, scheduling of projects and
deliverables, and acceleration and deceleration of designated projects. To provide as much support for the
decision making process as possible, VirtECS® COMET also integrates smoothly with Microsoft Office
products, and can export a wide variety of tables and graphs to Microsoft Excel, or create summary reports in
Microsoft Word and/or Power Point. If getting the most out of your new product development process is important
to you, be sure to consider the benefits that VirtECS® COMET provides.
How can VirtECS® COMET improve your project pipeline?
Bridge Strategic to Tactical Planning
VirtECS® COMET is the latest addition to the
VirtECS® Pharmaceutical Suite, and was
designed to bridge the gap between highlevel
strategic planning at the portfolio
level (VirtECS® PlanIt) and detailed tactical
planning at the activity level (VirtECS® STAR).
COMET imports data from STAR and/or
ERP systems (e.g. SAP) in the form of project
milestones and deliverables along
with their resource demands and available
supply. COMET has both analytical
and reporting capabilities to support
project level decision-making. Results
can then be exported up to the portfolio
level or back down to VirtECS® STAR.
Identify Resource Bottlenecks
The interface in VirtECS® COMET was
designed to provide summary results
quickly in a dashboard format, with drilldown
capabilities and ad hoc reports to
quickly identify resource bottlenecks.
With the timeline information however,
you can see not only what resources are
constraining, but which projects are most
impacted by these bottleneck resources.
The user may adjust project or deliverable
dates via Gantt charts or tables.
Evaluate Candidate Projects
A key benefit of VirtECS® COMET is the
ability to consider current projects alongside
upcoming /candidate projects and inlicense
opportunities. Scenario analysis
tools allow creation and comparison of
multiple “what-if” options to maximize
project throughput as well as make
efficient use of available resources.
Transform Data to Actions
The volume of data in ERP systems can
make it difficult to see the big picture and
identify the best options for project timing.
VirtECS® COMET not only has the visualization
& analytical tools needed for this,
but it also offers automatic export of
worksheets to Microsoft Excel or Office.
Go Further with VirtECS® Scheduler
VirtECS® Scheduler integrates with VirtECS®
COMET to provide even more powerful analytical
tools – automatically scheduling
project deliverables and timing of new
candidate projects according to strategic
options chosen by the user. In addition,
the Scheduling module can be used to
guide site selection to optimize project
throughput, when activities can be done
with different resources or locations
VirtECS® COMET provides unique capability for improving both project group management and resource planning for new product development and the pharmaceutical pipeline. For more information or to arrange for a demonstration to learn how VirtECS® COMET can be applied to your business, contact us at: info@combination.com or 765-497-9969.
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