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Oracle Primavera Contract Management Cloud Accelerator

It is asked by several users that the ceasing of Oracle with the Contract Management of Primavera, what implement of Primavera will offer the exact functionality using the slightest alteration to the users?

Oracle Primavera Contract Management Cloud Accelerator offers similar management of document, cost of the job, and ground controls that help to retain the construction projects on agenda as well as on budget over the ample control on the project. It is preconfigured procedures of business diligently equal those used in Contract Management besides certain modifications to get the benefit from the next-generation project management podium of Oracle.  

Construction project management includes numerous people demonstrating diverse disciplines such as contract managers, project managers, and further dissection managers to engineers, architects, suppliers, subcontractors, and owners. They all are trying to team up on a mass of matters and variations though juggling compound contracts and documents. Monitoring the forecast, plan, cost, budget, and deliverables in the construction project are vigorous to your project’s success and business’s future.   

How does Oracle Primavera Contract Management Cloud Accelerator provide support? 

It permits organizations to develop further projects deprived of compromising quality or advancement. Its profession inclusive change management, cost management, and influential reporting enable the organization to respond rapidly meantime providing an accurate history of events contingent consequent a privilege should arise. It’s a platform that is collaborative and makes it smooth to answer queries, questions, and routine dealings. Team members of the project have prompt and smooth access to the recent, utmost precise information of the project comprising RFIs, drawings, and appropriate modifications. 

The convention of Primavera Unifier as a platform, the Oracle Primavera Contract Management Cloud Accelerator such as the term of indicates delivers today’s consumers thru innumerable enhancements in productivity.

What are the features of Oracle Primavera Contract Management Cloud Accelerator?

The Oracle Primavera Contract Management Cloud Accelerator reins the contracts, prediction, budget cost, and deliverables of the construction project. It helps to manage the alternation from proposed to modify the order, demands for information through appropriate analysis and consent cycles. It also concerns the invoices, payment requisitions, and purchase orders. 

It tracks documents of contract and project comprising issues and submittals. Oracle Primavera Contract Management Cloud Accelerator cooperates among the contract managers, project managers, subcontractors, engineers, architects, administration, dealers, and vendors while tracking the routine files, minutes of meetings, and delivered materials in contrast to the purchase orders.  

What are the benefits of Oracle Primavera Contract Management Cloud Accelerator?

The Oracle Primavera Contract Management Cloud Accelerator delivers reflectivity into the performance of the contractor. It permits appropriate payment for accomplished work toward evading entitlements by facilitating the team association of project so there are no astonishments. 

It streamlines communication of field and files of administration. The Oracle Primavera Contract Management Cloud Accelerator instantly access to the up-to-date information of the project to retain the project stirring onward. Moreover, it examines proportional cause & effect and trends between the project to capitalize on the competence whereas diminishing the budgets of projects, hazard, and safety concerns. 

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Primavera P6 EPPM Software

With timeliness traversing for years and having resources in billions, energy and utility projects face various challenges which include managing the control and workforce and timely execution of a project. In this state, there is an absolute need for a software-based solution, and this is where Oracle’s Primavera enterprise project and portfolio management (EPPM) plays its part.
Oracle’s Primavera EPPM is a professional program which is the most effective, reliable, and easy-to-use tool in energy-intensive sectors to prioritize, plan, manage, and execute operations, programs, and duties worldwide. Primavera EEPM solutions help to identify complex energy sector challenges, which includes

• Navigating interconnected risks and benefits environment: Many issues confront energy and utility projects. They face numbers of problems as it is a complex utility environment; thus, utility company need precise, timely data, and this is where Primavera EPPM comes in use.

• Ensuring the investor’s benefits: Primavera EEPM provides powerful analytics which allows energy firms to assess, prioritize and assign the correct policies. Moreover, scenario analysis and optimization of decisions deliver the data needed to forecast probable results and determine the likelihood of achievement.

• Effective Management of Operations: When it comes to big utility project, a single change in any small units creates a ripple effect which timely affects all other aspects of the project. In this scenario, Primavera EEPM comes up with a unique platform to manage all activities and provides a clear and comprehensive overview of all projects thus it creates reliability in identifying problems governed with projects and allows to do any mid-course corrections and ensures efficient allocation of resources.

• Early Plans for Risk Management: In more significant projects, the likelihood of errors increases significantly and thus to deal with these errors a pre-planning is required, and this is where Primavera EEPM comes into use. It delivers easy-to-apprehend analytics which allows to model risks and takes timely decisions to mitigate the risks and continuing the uninterrupted flow of operations.

• Effective Management of Human Resources: The large scale projects comprises of vast number of human resources and managing these human resources and labor force while also maintaining the timely recruitments of new employees is a difficult task thus Primavera EEPM help organizations to address this issue with a centralized project intelligence platform that improves organizational skills, offers a prevalent project management structure and enables fresh hires to get up to pace rapidly. By helping to reallocate the right resources at the right project, Primavera EEPM’s applications help an organization to make most of the labor pool while making collaboration between human resources much more manageable. Hence, it helps to create an environment of cooperation that directly affects the outcomes of the project.

Concluding all, Oracle’s Primavera EEPM is a software solution to all the managerial tasks related to large energy and utility sectors. From the basic framework to advanced level of frameworks, Primavera EEPM covers a range of management tools which allows energy sectors to perform their operations with fewer chances of ambiguity.

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Primavera P6 supports public sector and federal Projects

oracle-psg-govtWhether your federal organizations require an OMB 300 or 53 our expertise in CPIC provides you the confidence that your submissions will be on time, and compliant with federal requirements. We couple our mission expertise with product expertise, now the question here arises, what is exactly CPIC, the CPIC program is a structured integrated approach to managing information technology (IT) investments. It ensures that all IT investments align with the EPA mission and support business needs while minimizing risks and maximizing result, outcomes, gains and profits.Throughout the complete investment lifecycle.

TheCPIC relies completely on systematic growth, which means the flow of progress is not subjected to discontinuous approaches, it may also refer to the growth rate being systematic.  That ensures faster growth and progress rate. The systematic approach is towards the IT investment that contains three important phases, select, control and ongoing evaluation. To ensure each investments objectivessupport the business and mission needs of the agency.

The needs shall fulfill the requirements needed for the investments growth of the agency for which the investment phases are selected.

Oracles prosight is the technology of choice for managing CPIC missions, PSGINC gives you the confidence your submissions will be on time. PSGINC gives you the confidence that we can execute your CPICrequirements. But also navigate your technologies, reducing risks and maintaining compliance. PSGINC is adept in navigating federal acquisitionregulations (FAR) and supporting federal and government agencies in their needs for business and technology needs. The agencies that may include Federal small state minority and disadvantaged contractors. SBE,DBE,MBE ccr, 8a edge HUB zone. Federal contracting and procurement programs for prime and general contractors. Contractor’s general registration. General services administration schedule. Indefinite quantity contracts to name a few agencies in this regard.

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Contract and Positions

contractAs a specialized primavera partner and software provider. PSGINC, we work closely with our customers in project engagements. PSGINC is regularly contacted for services that support long and short term job requirements. These staffing engagement often have the potential for permanent hire for the candidate after the initial contract period. Consultants and contract employees are encouraged to submit their resume for consideration on positions that match their respective skills and the job positions they desire. After the submission of your resume you will likely to receive a confirmation email for the job interview. The email will contain the current positions available for job. It would be updated by the job board, which may contain the client postings for primavera project management related positions.

The typical requests for staffing that are received may include:

  1. Primavera schedulers.
  2. Project managers and engineers
  3. Estimators
  4. Project controls/ administrators.
  5. Construction site managers and superintendents.

project-default

The employers can post the project management jobs listing for free. Whereas the candidates can apply for job by posting their resume. PSGINC gives equal opportunities to all employers.

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Primavera Market Solutions

PRIMAVERA MARKET SOLUTIONS:

primaveraroundchartAt PSGINCS market solutions have a wide range, the professional services that we provide offers industry solutions, that makes our clients successful, dedicated team of professionals get it done for you with dedication thus supporting and enhancing your business. A company’s mission is to succeed in every project they start and all the assets are valuable, PSGINCS helps you in all this. Making your dreams a reality and making your success vital, which is very important for collective growth.

Few of the characteristics of Primavera P6 are described below;

  • Business project management
  • Work flow
  • Configuration
  • Cost and time management
  • Project management
  • Project and portfolio management
  • Resource management
  • Business intelligence
  • AutoVue
  • demand management
  • user productivity key UPK
  • universal content management
  • process improvement
  • JD Edwards
  • SAP primavera integration
  • Reporting

WHAT MARKETS DO WE SERVE?

PSGINC serves a wide range of markets, serving different verticals providing expert Project Portfolio Management also known as PPM and business process consultancy. Main focus is on deployment of the best of tools. Meeting challenges that everyday businesses face, making it easier for progressive growth of different industries and verticals.

Some of the market places that PSGINCS works for are

You don’t need to waste, time, resources and energy on things that don’t matter, figure out what is valuable and what’s not. When we talk about providing solutions, PSGINC focuses on drive down operation costs, save time, standardize and focus on resources.

Talking about IT:

Every individual or a group has to prove their worth to the company, every division has some roles and tasks that they need to fulfill and make it worthwhile for the company. When talking about IT, this pressure is increased. The challenges they face are critical to the business. They are tasked with delivering the same level and quality of service while reducing the back log of projects, and satisfying customers with their IT needs, important is that IT needs are met.

At PSGINC solutions are delivered while meeting the challenges of business in this ever growing era, where technology is changing every day and each day brings a lot of skills sets for people of IT, which they not only need to learn but master too, Let PSGINCS be your partner in making it all easy for you, a go-to-technology partner.

The problems that are mainly faced are, maximizing ROI and demonstrating greater value to the business you serve.

The question arises, how this can be solved,

By aligning their goals with business units they serve, while improving the quality of the businesses they serve. The combination of IT with business is amazing, it strengthens the relationship between IT and business through enhanced decision making. Scalable and structured PSINCS solutions used in IT helps build systematic Governance process, while it is structured it is also flexible.

Financial transparency is achieved, because it is the key for all IT services. Minimizing risks and ensuring end user empowerment.

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New features in primavera P6 professional portfolio management version 15.1


Primavera_P6_ProPrimavera 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. This version enhances the skills to bring out the best from your project.

Key features include:

  • Usability
  • Import and export baselines of projects  in XML format
  • Enterprise features when connected to an EPPM database
  • Separate module excess for P6 professional and visualizer
  • UN/ CEFACT improvements
  • Unifier integration
  • Visualizer
  • Import and export visualizer layouts

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

  • EPS
  • OBS
  • PROJECT CODES
  • ACTIVITY STEP TEMPLATES
  • COST ACCOUNTS
  • FUNDING RESOURCES

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.

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Consultation Services for Primavera P6

consultingThere is a wide range of consultation services available for primavera p6. Solutions that are most critical to your project are offered.  Consulting while solving some ambiguous problem is a way to minimize the effort and work and go in the right direction while you still have time.

In this article we will provide you with some of the most successful and known consulting services providers related to primavera P6 portfolio management. This would be indeed of great help for companies who are still in deciding phase whether to opt for primavera services or not, whether they will be able to implement them successfully in their organization for their crucial projects. Would it be a source of uplift and progress with making the projects which are critical for their business, a success?

These all questions are definitely answered by consultations service companies.

Few of them are listed below.

CBA: critical business analysis inc.

A short about the company includes, that their history goes back to 30 years. Since then they have been committed to advancement of project and program management expertise.  Decades of real world experiences offering a wide range of professional services in a variety of industries.

CBA inc. is seasoned with professionals that provide you with the best of assistance. Giving you a variety of project management. The services and support is given with the best of knowledge. The expert knowledge comprises of portfolio project management. That is re enforced with real world experiences. Based on skills and aptitude of people involve in your project. The most important thing is their training services for primavera.

The processes they use include:

  • Business process development
  • Software implementation
  • Process documentation
  • Custom training development
  • Report writing

The people involved in consultation services are

CBA has been helping preventing project failures since the past 30 years of their services. A highly recommended one.

EBS:

With more than 12 years of experience, EBS gives integrated services for IT solutions and project management market. Part of the Insynchro group of companies, they have extended their operations across Asia pacific region providing services that range from complex implementations across the world.

Their expertise include oracle and Microsoft stack of project related solutions, services and trainings as well as their very own project centric board room solution also known as IXD.

The IXD is basically designed to serve the neglected project business stakeholders. Supporting large capital intensive projects in oil, gas, utilities, miming, telecommunications, aerospace, and infrastructure, transportation, public and construction sectors.

Their oracle product suite includes:

Their services include:

  • Consultations
  • Planning
  • Integration
  • Earned value management for primavera
  • Upgrade and installation for products.
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Resources Allocation

iStock_000006849315XSmallTop ways that a project manager is likely to allocate resources for their projects, As discussed in earlier articles, the project managers need to be multi-tasking super heroes.

So what’s the best way of allocating your resources in best possible way?

It’s crucial and critical to stay on top of resource allocation. Ideally resource allocation should be inclined by these three principles,

  • Creating value for clients
  • Creating value for your agency
  • Creating value for employees

Now the most important question that arises, how does creating value relates to resources,

Motivated teams are a result of efficient resource practicing. Happy and motivated employees are vested in their work. That includes positivity towards their organization as well as clients.

First we should understand, what a resource is,

A resource can be identified as an economic factor or a productive factor, required to accomplish an activity.

Or as means to undertake an enterprise and achieve desired out comes.

Resources have several types.

They can be energy, entrepreneurship, information, expertise, management and time to name a few.

In project management, it includes executing project, managing people, technology, time, space, tools, equipment etc.

It also includes basic allocation decision, contingency mechanisms.

A very important and crucial technique used in resource allocation is resource leveling.

Which can be understood as a project management technique, use to examine unbalanced use of resources. Which mostly includes people and equipment.Another use is resolving over allocations and conflicts.

Resource training is also very major part, for many in the corporate world September is the start of the final push whether you are looking forward to finish the year or your project on a strong note or you ought to get new skills acquire for major roles, you need training resources.

Statistics show that you and your organization is spending significant time and money on training each year. This article will guide you in five different training resources, they might range from free to thousands of dollars.

The web today is filled with thousands of resources, a distinct problem is information overload, and you can start with these projects to stay informed on project management practices. It might help you in learning other skills.

Note:

If you are a self-employedproject management professional, copy blogger is a must read. It helps you build your internet presence.

Now we come to understanding resource allocation in a broader perspective;

Plans change all the time, one minute you are working on one project, next minute on another. The next thing you know your team has been switched to something else or the client might drastically adjusts the scope. In such an hour of panic or utter bewilderment. Rapid adjustments and re allocation of resources can be very time consuming and a big headache. Make your life easier and be at ease with your work by using latest tools e.g. “resource Guru” to streamline your re allocation process. Many companies still use legacy project management tools, that hasn’t kept up well with the time.

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How things are catered using Primavera P6?

Primavera P6The thing which is of key importance are project planning and management skills using Primavera P6. While dealing with projects of lengthy time span and activities that are larger and are further divided in sub activities.

The key features to this are:

  • Planning
  • Monitoring
  • Budgeting
  • Accomplishing.

The foremost thing in carrying out of these features is scheduling. Whether it is used in planning long term plans or tasks at hand. Scheduling includes services that tell at what time, what task would be carried out. Scheduling has been discussed in a number of previous articles but would be differentiated with project management and planning in this article.

Differentiating project management, planning and scheduling:

It can be easily understood as:

Project management is a system’s approach to planning, scheduling and controlling.

Project management of primavera p6 is a recognized standard for high performance. The projects are high scaled, sophisticated and multifaceted. Projects with unlimited resources are recognized and organized. The number of target plans are large, which in return makes it a vital part in catering projects under primavera P6.

A project managers work include,

  • Balance resource capacity
  • Plan, schedule and control projects
  • Track progress
  • Allocate best resources
  • Monitor, visualize and assess project performance versus plan.
  • Risk analysis
  • Conduct what-if scenarios.
  • Plan alternatives in case of anything went wrong.

Executives will be facing increasingly complex challenges during the next decade these would be the result of escalating salaries, raw materials and competencies between different giant organizations. Which increased union demand, pressure from stake holders, and the possibility of long term high inflation accompanied by mild recession.

All the executives today agree on the point, that the solution to majority of the problems is better control and use of existing corporate resources.

Project management can mean different to different people. It is designed to use the existing resources in a better way.

Let us understand it with an example:

It’s around 5 in the evening and the project needs a design change as well as a front end implementation, within a couple of hours for a persistent client, handling this kind of tasks comes under planning your project where there should be a spot for sudden changes, you check to see who is available, this is done through already scheduled tasks and duties. Well, you have a UX designer but not a single developer who can implement the changes. You have teams in multiple time zones, a model, intended for flexibility and sudden turnarounds like this, so you should have someone available for the tasks.

Figuring out when a developer might be free for some additional work load or sudden task is just one of the many things that you ought to manage.

This takes a good project manager to handle this chaos, good project managers need to be multi-tasking super heroes. Figuring out what need to be planned when and what should be scheduled how, differs all three terms we were discussing in this article.

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What should be known while scheduling?

During project management a very important and basic step is program or task scheduling. Project managers give a very significant importance to this. This article proves to be of great help for project managers who focus on the importance of scheduling.

While scheduling there are a number of terms that should be known.

Few of them are listed below.

ACTIVITY:

While working towards a larger goal, a task or process to be accomplished in a set period of time is called activity.

Actual cost:

The actual or real amount paid for labors or materials.

Activity relationship:

An ordered link between two activities representing the order of execution.

Approved change request:

A prove that can be a document which approves changes made to the contract.

Approved and reviewed by all stakeholders

Backward pass (backward plan):

Also known as critical path calculation, calculates earliest dates for activities on the network. It works backwards to find the finish dates and latest starts.

Bar chart:

A chart on which bars are used to represent activities. Lined up on an X axis time scale, length of the bar represents time duration.

Base line:

A set of dates and cost frozen at the start of the project and is used in evaluating the performance.

Change estimate:

An estimate of a potential change that can be made to a project, which helps in determining the overall cost of the project. Main focus is in cost, resources and scheduling.

Change impact:

The effect of a change on the whole project

Committed cost

A payment that is not yet made but is committed by the stakeholders, it can b in the form of a purchase order or a contract which is not recoverable.

Cost break down structure:

Breaking down in to cost elements for cost control planning.

Critical activity

An activity being carried out on the critical path of the project

Critical path:

A sequence of network activities, which adds up to the longest over all duration. Which determines the shortest time to complete the project

Critical path analysis:

Analysis using the longest path of a project. This aims to identify whether the project can be completed on time and tasks are a barrier between the project and its timely completion. The mile stones are identified and eliminated.

Date constraint:

Mainly used in scheduling software tell us the starting and ending date of tasks and sub tasks in a project. Often used to delay activities or imposed date deadlines in a schedule.

Direct labor:

A labor which can be directly allocated to the output of a productive account. It can either be allocated to a cost Centre. Usually not directly related to output.

Double resource estimated duration:

If the assigned levels of resources have doubled, it successfully measures the length of the activity duration

These all tasks are a very important and essential part of scheduling. These primary key factors helps the project managers in scheduling the tasks for getting maximum progressive output from the project.

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