Capital Planning
Capital Planning
Manage all types of projects with detailed cost control using separate cost control processes to track every dimension of project financials. View graphical cash flows. The Cost Sheet Dashboard provides rolled-up information from all project financials with drill-down into details. View and manage multi-year forecasts at the CSI division level or any other multi-level cost structure. Manage all contracts and change orders in detail. Ensure payment integrity. Leverage Transaction Visual Analysis to see all related cost transactions at a glance. Manage Project Schedule and Resources effectively and efficiently.
Advanced project cost management in primavera P6
Oracle’s Primavera P6 Enterprise Project Portfolio Management is the most powerful, robust and easy-to-use solution for globally prioritizing, planning, managing and executing projects, programs and portfolios. Primavera P6 Enterprise Project Portfolio Management is an integrated project portfolio management (PPM) solution comprising role-specific functionality to satisfy each team member’s needs, responsibilities and skills. It provides a single solution for managing projects of any size and adapts to various levels of complexity within a project. In addition, it intelligently scales to meet the needs of various roles, functions or skill levels in an organization and on a project team. This course builds on the student’s current knowledge, skills and application of project cost management using Primavera P6.
Learning Outcomes
Ability to implement global change – modify projects using advanced functionality.
Manage project cost effectively
Apply advanced scheduling techniques.
Implement earned value analysis.
Use top-down budgeting.
Assign codes.
Benefits
Assist project managers, cost control managers and cot controllers to use Primavera for integrate the cost with project schedule.
Apply the cost control techniques using Primavera including EVM.
Calculate percent complete. Importing and exporting project data.
Understand effective top-down/bottoms-up budgeting calculations.
Topics
Import and export data.
Update baselines.
Use Claim Digger.
Apply duration types.
Calculate percent complete.
Use earned value analysis.
Use top-down budgeting.
Apply tracking layouts.
Auto compute layouts.
Use top-down estimating.
View reflection projects.
Manage issues and risks.
Create a project with Project Architect.
Assign codes.
Use global change.
Advanced scheduling.
Prerequisites
Participants should be working in a project management environment and understand how projects are planned and controlled, including knowledge of the following subjects:
P102 Project Management in Primavera using P6 V8.3.
Project management processes.
Experience in the use of PCs and an understanding of the operating system.
Audience
This course is targeted at those who are seeking to develop their skills and knowledge in project budget and cost management.
Project manager (generic)
Project manager (industry specific)
Cost Control Managers
Project planners and schedulers
Project control managers
Project control engineers
Project team members
Project team leaders
Cost Control Engineers
Project coordinators
Planning and scheduling engineers
Quantity surveyors
Format
Our program design and delivery is based on adult learning principles and experiential learning techniques:
This blog covers the essentials of SAAS and it’s need for hosting. Software as a service covers a vast span of software management. SAAS gives you a platform that turns great concepts into software as a service. SAAS hosting delivers the infrastructure and piece of mind that your applications and customers deserve. When it comes to software as a service websites and applications the main keys are the hosting architecture and the support behind it. They play an important role in how your applications perform online. Performance alone can differentiate your app from the existing apps , because your customer online experience determine greatly your product’s success. Whether you are a seasoned SAAS provider or an independent software vendor (ISV) making an important move towards the internet distribution model, down time, latency and non responsive technical support are non- negotiable. They are SAAS killers.
Because some of our largest customers started as small SAAS ventures, we have focused on understanding the architecture and support needs of the industry we work for. Focusing on finding smarter, more reliable and faster method for delivering apps.
But when talking about SAAS hosting by PSGINC, we provide, supply and setup the hardware. You load and configure your speciality, your application. A typical hosted SAAS solution consists of dedicated or virtual servers running your custom application which users access via the web.
Some SAAS solutions are websites and some of them are desktop applications. 240
The features and benefits include:
Our fast fibre network: our fully owned 6 data centres, which are fully equipped and 19 points of presence are connected by our 10 gbps network which is monitored relentlessly by experts in out network operations centre. It’s not only smart but it’s fast as well. The most important thing it do is proactively re routing traffic to avoid the latencies, slow loading of pages required and most importantly down time that will eventually plague your competitors application.
Smooth performance scaling: the most important factors are the ability to scale a SAAS environment, which is a key requirement for any SAAS provider. And therefore affecting it’s hosting partner. Our hosting offers a full suite of performance services to make scaling easy and as painless plus unobtrusive as possible form any CAST DNS to global load balancing.
Flexible storage options: with the success of SAAS comes growth, which calls for more complex storage strategies and solutions. We offer various on site, off site and even mixed options. So that you just have to determine your recovery point, recovery time and criticality of your existing data storage and strategy solutions.
Data centre SAAS hosting benefits:
The benefits of hosting SAAS at your data centres has been discussed in this blog, now we will gave a quick review on them.
1. Low start-up costs since we provide the hardware
2. 100 % uptime for Internet connectivity via multiple blended Internet providers
3. Expandable bandwidth, which can be increased as needed.
4. Backup UPS clusters with backup generators for 100 % power guarantee
5. Root access via RDP for windows along with KVM over IP for dedicated environments.
6. On site staff which is available 24-7 , unlike most offices . Someone is always available to touch the server.
In any organisation or while working for a project a very important thing to be kept in mind is taking care of the factors that might affect the outcomes or results or the gaining of profit as a whole. The factor that is helpful in taking care of the factors is known as risk management or risk analysis. At PSGINCS the thing that is kept in mind is following the rules, regulations and processes of primavera P6. When we are coming towards primavera the most important thing to be kept in mind is that the structured setup that is used by primavera P6. Primavera risk analysis is a full lifecycle of risk analysis which gives analytics solution about integrating cost and schedule risk management primavera risk analysis provides a very comprehensive and detailed means of determining the confidence levels which are included in determining the success, which also involves quick and easy techniques for determining contingency and provision for the upcoming events. And make sure to make the best and quick risk response plans.
You will be able to get an objective view of required contingency or provision to account for cost and schedule any uncertainty that you might face at any point during the whole process of carrying out the project. It also involves analyzing the cost effectiveness of risk response plans. When these combined gives us the firm basis of “risk adjusted schedule”. Which is becoming a norm or a very common thing within the planning and scheduling process.
A thing that should be kept in mind is every project contains risks. It’s natural; the organizations that plan for the risks and take into account the provisions succeed the most. Anticipating, mitigating and providing response and contingency plans for negative events that may or may not occur. Oracle’s primavera risk analysis software at hand provides the tools for handling all the risk related stuff. Enabling the organizations and companies to model risks and analyze the cost while scheduling impacts of mitigating them. During that process, taking much of the uncertainty out of project and portfolio management. Primavera risk analysis helps project driven organizations ensure the mission critical projects come in on any time. It also makes sure that it is inside the budget.
The main features are:
The benefits that are gained from this are listed as:
PSGINCS provides certified project management consulting, training and scheduling jobs for better output in delivering and optimising tasks. It also plays an important role in implementation while delivering the best implementation services. As our tagline tells what we intend to deliver “accelerating time to value”, the words explains it all. We provide consulting and customer engagement services, because the fact that the involvement of the customer results in more accurate and precise performance delivery is a thing that should always be believed and valued. As an Oracle specialised primavera partner, maximising our delivery to performance is our first priority. As an oracle specialised Primavera P6 partner, PSGINC supports the entire primavera oracle application suite of product ,in addition to providing professional services. We have a team of industry veterans which comprises of consultants, implementation specialists ,solution architects project managers and schedulers which are thought to be recognised leaders in portfolio and project management industry.
Here the question arises, why PSGINC? The answer to this is adding value to your project and how this can be made possible. PSGINC chooses the best practices whether they project fits in any of the domains, ranging from IT to construction, the PSGINC make sure to use the best practices at hand.
The services thus delivered are beyond expectations, our main aim to deliver success to our clients. PSGINC understands the importance of selecting the compatible partner for the success of your project. the success depends highly on the frequency on which your partner thinks as well as the benefits he need to gain from the project, need to be same as yours. PSGINC supports the entire business and technology life cycle. From strategic planning to PMO development, quality assurance , implementation and post production support. when it comes to commitment to success, our commitment to success maximises the client’s existing skills and automatically lowers your cost of ownership of Oracle’s primavera P6.
The modern enterprises face tough competitions as well as complex enterprise and management systems thus requiring the efficient delivery and maintenance of resources.
Therefore on one hand they must obtain real time data about project operation, and on the other gain insight into their own competitive advantages.
Know with confidence that you are making informed business decisions that will be a positive blow to your business strategic and productive development. Response time and efficient services are critical to every situation , and they all should go hand in hand for best performance deliveries. Providing timely and effective delivery of PMO. Planning and co ordination of resources are all the basis on which the success of a project stands.
Alignment between company strategy, execution and results is highly essential to maintain the work flow of project. By serving all vertical markets we tend to assure the best delivery of services and deployment of tools at their best.
Our success is predicated to the integrity of solutions we deliver. We first assess the current situation of your organisation and what you desire to make it in future.
Primavera p6 has always promised its customers to deliver the best. Solutions that is tangible to the problem as well delivering the value to your business. Primavera P6 has introduced latest features for its customers. The version is 15.1. This version enhances the skills to bring out the best from your project.
The important features in the content are:
New usability feature include:
1. Import and export baselines of projects in XML format
2. Enterprise features when connected to an EPPM database
3. Separate module excess for P6 professional and visualizer
Import and export baseline of project in XML format:
The ability to include baselines when importing or exporting a project in primavera XML format has been added to the new version 1.1. Previously you needed to restore a baseline to a project in order to import or export it. In P6 professional 15.1 baseline information is included in the XML file.
A new field, exists, is included in the baselines to import dialogue box. The purpose is to notify you if an imported baseline already exists in the project being updated.
To access this feature:
On the file menu, click import or export.
Enterprise features when connected to an EPPM database:
Several features have been re enabled in P6 professional version 15.1 when connected to an EPPM database. In previous versions, these features were disabled with the expectation that they would be administered in the p6 application.
The following features have been re enabled in P6 professional when connected to an EPPM database
These features continue to be available for P6 professional instances that are connected to professional databases or installed in standalone mode.
Separate module access for P6 professional and visualizer:
A new module, visualizer, has been added to the module access section of the user access page in this new version 15.1. The difference is that in previous versions, access to visualizer was included with the P6 professional module access. This new features enables project managers to allow separate access to both the applications. This is useful if for example , a user tasked with creating Gantt chart or time scaled logic diagram reports in visualizer might not require access to P6 professional. Conversely some users may be given p6 professional access but not the privilege to work in visualizer.
To access this feature:
Open p6 professional or visualizer. Access will vary depending upon the module privileges granted in p6 web.
UN/CEFACT IMPROVEMENTS:
This new version of p6 provides additional support for UN/CEFACT XML format 6, which defines and contains integrated master schedule (IMS) data. The existing UN/CEFACT XML support has been enhanced to support all the fields in the D09b version of the XML schema.
Organizations worldwide always want to reach their customers and employs on time. It is the need of the hour that the stakeholders and the people working on the project should be in contact if they want to get the best of the results. Smart phones help organizations help interact with the customers instantly. which not only help build an friendly environment but give the ease of interaction between the two parties . Custom mobile applications boost the functions and performances of the smart phones. In today’s era of rapidly changing technological needs one must opt the technology best for its business success. Prescient solutions group inc provide customer centric mobile applications that are developed under the expertise of the employees at PSGCINC.
The mobile applications are for all or various platforms. our applications are widely used in GPS , social networking , group sites , aggregator , mapping , gaming applications , payment gateway and project collaboration, etc.
PSGINC team has sound experience and expertise in developing highly interactive mobile applications. These interactive applications are developed by skilled developers using the latest operation systems which are highly user friendly.
The other important factor of these operating systems is that they are functional. that means their functionality allow the developer to build the best application required . We create value added mobile applications as per the need of the time and the customer .
Providing mobile application softwares for the following platforms :
We also give services for developing applications like business applications for asset tracking, air ticket booking , GPRS road map, vendor applications, 3D game applications , social applications etc. our experienced and dedicated team will surely meet your needs with fast turn around time in a cost effective manner. psginc mobile application developers are well versed in all kinds of technologies , latest and ever changing, they know how to deal with the constantly changing needs of the technology market.
By making your web applications accessible on different leading platforms, you can attract and retain more customers thus increasing and maximizing your profit. we are field expert in developing the cross platform mobile applications that will suit to different platforms . usage of cross platforms reduces the technical barriers with less time to develop the application.
We provide application development across all the industry verticals . we take extreme care to design the applications with best user interface that allows the user to access the content intuitively . you will find our application development highly inventive and creative with best logics and design.
Our games can make you addictive whether they are 3D or not. You would love it whether you are a game freak or not. and people would surely title you with ” nigga be a game freak”. Our mobile application development will be worth while for your investment providing the maximum ROI. Maximum profit can be gained.
There is no limit in the range or variety of applications that we can provide. Our developers will employee unique features and capabilities . You will find prescient solutions group experienced team employs organized processes as well as proven methodologies .
Oracle Primavera P6 EPPM for new product development:
In this era, the understood fact is that the key to gain profit and increase profitability is innovation. to bring about revolution in everything you do. to introduce the latest in your industry and be the leading innovators in what you manufacture. those companies which are considered to be successful and are believed to be the innovators gain 43 % of the profit from the products launched from the past five years. an amazing ratio of 65 % of these products meet sales objective and over 67 % meet their profit objective. but the most important fact is that top innovators see their new products sell at 2.5 % times more and they achieve new and greater product investments on their products.
We believe that don’t waste valuable resources on things that don’t matter.
Drive down the operations costs : save time, standardize and focus on resources. According to the sector’s necessities , we promote a manufacturing solution that was produced in light of it’s numerous particularities and which permits the viable planning and control of the whole protection and production cycle , integrating production , organization and logistics. fields and advertising the flow of data between the distinctive parts of the organization. get the best benefit from the prescient solutions group’s experience and relentless attention to delivering solution that meet the demands facing your organization’s needs. don’t struggle with slow decision making due to lack of information . let PSGinc let you serve as your go to technology partner , constantly anticipating and researching the trends to ensure your business and technology needs would be met.
PSGinc would work their best to eliminate the challenges and risks your business face and helps your receive the tangible return on what and how you invest.
The manufacturing sector is a constantly changing sector that needs a full support of a strong administration system which not only make it conceivable to optimize quality standards and costs thus fulfilling business responsibilities but also the one which will support in characterizing the industrial strategy plus management control.
Here the important factors which should be kept in mind while focusing on what separates high performance innovators from the rest ?
1. A strong commitment to delivering innovation and clear alignment of business plus innovation strategy.
2. A customer focused idea to launch process with rigorous go/kill decision gates.
3. Systematic portfolio management , with portfolios that contain high value believing projects.
4. Excellent project execution and highly efficient allocation of resources across all stages of the product from ideas to launch.
Our manufacturing solutions permits the organizations to manage the different phases of production process ( from the factory floor until the client takes delivery ) and likewise assist the whole management process by making accessible fundamental input to the decision making methods.
The solution offer various useful functions that structure the exact core of the production process , for example , the technical details about each item , traceability of articles , factory routines , daily work log , calculation requirements and the management of tools and molds around others.
IPM global has currently signed PSGINC as their newest partner in the region of North America. On 6th February 2013. IPM global is very pleased to announce the signing of prescient solutions Group Company, as it’s newest channel partner in the region of North America. The new signing allows PSG to provide AEC firms in the United States with the access to and support for IPM Global’s project management software. In this regard the principal controlling post bearer Lance Drossman at IPM said: IPM has been at the forefront of developing technology targeted at the needs of professionals related to construction for years. Nowadays project managers, owners; stakeholders of the project are mainly tasked with managing the ever-changing needs of capital projects. PSGINC is delighted as well as excited about our relationship with IPM and the new journey we are about to start with a hope that it would prove to be great success and an example of a success story for the years to come. We also feel the product offers easy to use functionality that will give assistance our customers project management, collaboration and document management needs through IPM’S intuitive and very familiar software interface embedded in Microsoft outlook for windows. In this era, the need for technology and the rapidly changing environment. More then ever, projects have become increasingly and rapidly more complex, continually straining and placing burden on an organization’s time and resources. As a partner and reseller for leading and innovative technology. The companies like IPM, oracle, citizen, IBM and INMAGE, is able to meet our client’s most important and prestigious needs and requirements. Which specialise in project management, application consulting systems integration, application development and the support for infrastructure.
The basic purpose of this project management system is to ensure the provision of needs to the project managers and fulfilling their needs and requirements, with the project managers, the construction staff as well, the main purpose is to operate how they already think. The main key features are as follows:
1. Centralised project visibility
2. High adoption rate due to the extension of Microsoft outlook
3. Customisable and flexible, which can meet the customer’s
4. Seamless integration to back end financials.
PSGINC is a next generation project management software suite that provides scalable solution with all the functionality needed to meet the requirements of today’s busy project managers.
Presented through Microsoft outlook and seamlessly integrating mail and calendar services with day-to-day delivery of services and operations. IPM by joining hands with PSGINC in the region of North America puts project management squarely where project staff spends more off their time for beneficial outputs.
The most important thing we learned about this was, IPM global supports integration with outlook; it gives us a way to track email and store them in the project management system. Microsoft outlook has been used for most of the communications purposes these days and the emails are now automatically tracked. “Nothing has to be done, everything is automatically done.”
Oracle has released the 2015 Upgrade for its Primavera P6 Applications. With this upgrade comes a new standardization for it’s version numbering and point releases…. Starting with “Primavera P6 15.1”
This latest release addresses user request from both the P6 Professional & Primavera P6 Enterprise communities.
New features include:
• Resource bucket planning.
• Import and export baselines for projects in XML format.
• Cut, copy, and paste multiple projects.
• Improved Gateway integration settings.
• Improved Unifier integration capabilities.
• Team Member task detail preferences.
• Timesheets capabilities in P6 Mobile.
• Separate modules for P6 Professional and Visualizer.
We will be updating the blog and conducting a webinar soon to discuss these new capabilities.
