The scope of Federally funded programs is growing so as the complexity, so in this case, there is a need for project portfolio management more than ever. On these operational investments the agencies decided to spend in billions, but there is always a difficulty to oversight these investments. The changing of priorities are forcing the agencies to improve the effectiveness in their services to the customers. The organizations are being challenged to execute the complex program by growing the network of the contractors. The managers of the agencies are required to and produce more with the fewer resources. These changes indicate the importance of anticipating problems. Failure to do this can increase the exposure of the agencies in front of the threats such as overrun or delay etc.
Primavera provides organization investment management technology that allows the agencies to propose, make and implement the plan and then to control the investments, that presents the value to the public and the agencies they are serving. With the Primavera project management solution can help the government to manage the time, cost, resources, and the programs as well- that may include the management of IT investment, grants, improvement and maintenance programs etc.
The capital planning and investment control or simply we say that CPIC program is a structured approach that manages IT investment. It ensures that the information technology investments align with the government’s organization mission. It support business needs so that it minimizes risk and it maximizes the return throughout the lifecycle of investment. Primavera’s CPIC is helping the companies to ensure their exhibit 300 (major IT investment) and 53 submittals are o the target and also on time for a decade. Primavera CPIC is also now available as hosted SaaS solution. The solution supports the strategic planning and operational control that is required to deliver a program in time and also in budget.
Primavera project portfolio management solution help to improve the efficiency and transparency of the public sector. It allows the agencies to enjoy the control over the projects and the programs. It ensures the transparency to its constituents. It improves revenue generation and allows meeting the budget requirement and they anticipate the problem and mitigate the risk. It helps to manage unplanned change and shifting the priorities effectively. Primavera P6 project portfolio management is a powerful and easy to use solution for planning, managing and implementing the projects and portfolios. It provides a single solution to the agencies to manage the projects, adapts the complexities of the project, and intelligently scale the skill level in your organization. It helps to develop the most efficient processes by utilizing the efficient technology to reduce cost, time and also a risk that is associated with the public sector projects.
Primavera project management solution is beneficial for your agency because it helps to select the right program and projects based on the agency mission and risk tolerance. It manages the project with greater efficiency, and also avoid costly risk and also help to maximize the resources. It helps you in business decision making. It helps to support the federal and government agencies for business and technology needs.