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Altair has announced the release of its Project Team Builder (PTB) software, which has been designed to help managers organise and optimise plans to help ensure that project tasks progress as smoothly as possible.

According to the company, the PTB is a suitable tool for developing project alternatives and testing them in a real-world dynamic environment, helping users to undertand the consequences of different decisions.

Working with the PTB, users can link the project’s objectives and requirements to the schedule, analyse different trade-offs, test the plan’s success probability and mitigate project risks.

It uses simulation technology to predict the project outcome, which is claimed to result in better decision-making, more accurate forecasts and ultimately better project results.

PTB comprises two modules: the Scenario Builder module and the Simulator module. The Scenario Builder allows users to define the problem space by creating the project model, while the Simulator module takes a predefined project and runs simulations on it.

Key features and benefits

  • In the initial phase, the PTB Analytics approach allows the user to build a project team.
  • It allows those involved to achieve a better understanding of the scope and significance of uncertain parameters in a project, such as duration, available resources and overall quality before the project begins.
  • Lets users to create a controlled environment to better execute the project by linking objectives and requirements to the schedule and analysing all available alternatives for the project’s execution.
  • Provides process tracking, which leads to better organisation and planning.

Altair Engineering

Altair Engineering is a leading global product design, consulting and commercial software Company that allows businesses to synthesize and optimize designs processes and decisions for improved business performance. Altair provide services such as product engineering, industrial design, technical staffing, Hyper Works solutions, and analytics solutions by consistently delivering a competitive advantage to its clients across industry.

Altair is focused on the development and broad application of simulation technology to synthesize and optimize designs, processes and decisions for improved business performance. Privately held with more than 2,000 employees, Altair has more than 45 offices in 24 countries throughout North America, South America, Europe and Asia/Pacific.

With a 30-year track record for product design, advanced engineering software, on-demand computing technologies and enterprise analytics solutions, Altair consistently delivers a competitive advantage to more than 5,000 corporate clients representing the automotive, aerospace, government and defence, and consumer products verticals. Altair also has a growing client presence in the life sciences, financial services and energy markets.

Altair’s design suites impact product design from the earliest conceptual design stages through product performance optimization. It has resulted in products that exhibit minimum weight and outstanding performance in industry leading timescales. Altair has pioneered simulation-driven technologies to generate innovative design solutions for our clients:

HyperWorks is a simulation platform for rapid design exploration and decision-making. As the most comprehensive, open-architecture computer-aided engineering solutions in the industry, HyperWorks allow businesses to create superior, market-leading products efficiently and cost effectively.

solidThinking is an Altair wholly owned subsidiary that creates, develops and markets technology that helps the design community bring the most desirable products to market faster. Products include Inspire, to explore structurally efficient concepts, and Evolve for modeling and rendering.

PBS Works is a suite of on-demand, cloud computing technologies that allows enterprise clients to maximize their ROI on computing infrastructure assets. PBS Works is the most widely implemented workload management environment for grid-, cluster- and on-demand computing worldwide.

Altair ProductDesign is a global product development consultancy of more than 700 designers, engineers, scientists, and creative thinkers. This organization is best known for its leadership in simulation-driven design to help clients bring innovative, profitable products to market faster.

Altair’s patented on-demand software licensing system leads all software business models in providing both value and flexibility. Our centralized unit-based licensing model means multiple users can access our software anytime from anywhere. Software customers can run multiple applications across all of our technology suites simultaneously for a flat rate, rather than paying for each license in use.

Altair employees worldwide share a tremendous pride in the entrepreneurial spirit and corporate culture based on transparency, honesty, innovation, and integrity. This brings high value solutions for clients which integrate hardware, software, user experience and services.

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