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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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What makes money and time so important to project management?

The success of a project depends on factors like integration, scope, quality etc. Modern day project management is constantly evolving but time and budget are still the solid foundation of project management. However, we will leave the rest of the factors to some other blog and discuss how the two equally crucial yet demanding factors, time and money, affect the outcome. Time and money are not only inter-connected but also very important in what is termed as the “planning” stage of project management.

Time and budget constraints have a positive impact on project management because the restrictions of both increase productivity and thus a higher success rate. Restrictions of both keep the wheel rotating and do not let complacent attitude become a part of the work and employees. The major task for the project team is to work efficiently while also meeting the time and budget constraints.

A project manager must first understand the time and budget constraints and see how it applies to a project. The project is then planned and managed accordingly. While the cost allocated can be adjusted, fluctuations in time are rarely possible unless the due date is moved ahead.

Cost:

The budget is not just the amount of money needed; it is a reflection of the work of the project and the resources required. A comprehensive budget takes into account how funds will be utilized throughout the course of the project. Generally, a project’s expenditures show an increase when resources utilized are increased.

The monetary commitment of a project is dependent on various factors. The factors include the cost of labour, services and materials used in the process, and other overhead costs. The budget allocated might show an increase as each stage of execution is elaborated.

Every project essentially has costs that might be fixed or varying or both. The project manager must know how to control costs throughout the course as per the requirements and quality of the work. The budget is estimated by evaluating historic data, average vendor and resource costs.

Time:

Time constraint for a project is basically the time allocated to the project from beginning to end, i.e. till the work is delivered. Time can be assigned only after being thoroughly aware of the work that project requires. To be more precise, the project is first broken down into components and then into sub-components to estimate the time that would be needed for the completion of the project.

Time management is vital and can be achieved by devising a timeline that mentions the duration that each component of the project should take. The schedule must be properly planned and constantly compared to the on-going project so as to clearly judge the progress of the project. However, it is also important to remember that time management is required at an individual level as well. Team work and support enhances both creativity and productivity by keeping the spark of motivation and dedication alive.

Constraints of time and money are vital to project management because both these factors determine the quality of the work produced and delivered. A project manager must devise a budget and schedule that all the employees agree on.

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Primavera P6 Training Classes

As mentioned in our previous articles introductory articles to training

Training is a very essential tool in any kind of resourceful work. If you do not train your employs right.

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There are a number of ways the work can go wrong causing downfall to your organization. The presumed goal of training software project managers is to equip them with the knowledge and competencies that will help them to be successful in different domains regarding the domain of Software project management.

Now we focus on different classes provided by ORACLE for the training of their project managers. Which are discussed in detail as follows:

  1. Primavera P6 PPM fundamentals
  2. Primavera P6 PPM advanced
  3. Primavera P6 EPPM fundamentals
  4. Primavera P6 EPPM advanced
  5. Primavera P6 application administration

 

Main topics covered in Primavera P6 PPM fundamental is as follows:

  • Project Management Life Cycle
  • Understanding P6 Data
  • Creating a Project
  • Establishing Work Breakdown Structure (WBS)
  • Adding Activities & Using Activity Views
  • Creating Relationships
  • Project scheduling (CPM)
  • Assigning constraints
  • Using reflection projects
  • Resource and roles
  • Baselines
  • Project reporting

TOPICS included in Primavera P6 PPM advanced are:

  • Creating  Resource teams and roles
  • Managing multiple projects
  • Advanced resource planning
  • Managing and allocation of resource requests
  • Advanced scheduling methods
  • Advanced project reporting

Topics covered in Primavera P6 EPPM fundamental is as follows:

  • What You Will Learn: Defining the Organizational Breakdown Structure (OBS)
  • Describing the Enterprise Project Structure (EPS)
  • Creating a Project
  • Creating a Work Breakdown Structure (WBS)
  • Activities & Views
  • Relationships
  • Scheduling
  • Constraints
  • Project Workspace
  • Roles Resources
  • Baselining
  • Dashboards & Portfolios
  • Managing Issues & Risk

Primavera P6 EPPM advanced covers the following topics:

  • Creating Resource Teams and Roles
  • Analyzing Portfolio Details
  • Viewing Portfolio Performance
  • High-Level Resource Planning
  • Managing Allocations
  • Staffing Resource Requests
  • Resource Leveling
  • Advanced Scheduling Techniques
  • Reports

Primavera P6 Application Administration includes following classes.

  • Working with Data Structures
  • Working with Enterprise Data
  • Managing Users
  • Resource Administration
  • Global Dashboards & Views
  • Portlets
  • Managing Services
  • Portfolios
  • Application Settings
  • Project Portfolios Routine Maintenance

These courses are of different durations and hold different pre requisites as well. A person interested in opting any one of them need to pick exactly what he requires, which can be found in the vast domains of primavera P6 Training classes. The class leads participants through the entire project life cycle, from planning projects through execution of detailed work. Using a proven approach, our Oracle Certified training is centered on transferring the skills and best practices used by our Primavera consultants to solve your real world project challenges.  PSG’s Primavera training workshops can by request, be delivered in 1/2 day sessions for your convenience at an additional fee.

For registering in any of the above mentioned classes , click on the link below:

http://www.psgincs.com/course-detail-page.php?courseId=6

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How Project Management Training is Important?

Training is a very essential tool in any kind of resourceful work. If you do not train your employees in right way; there are more chances of work go wrong and can cause downfall to your organization. The presumed goal of training software project managers is to equip them with the knowledge and competencies that will help them to be successful in different domains regarding the domain of Software project management.

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These will not guarantee success but make success more likely. Over the years, the notion of success has expanded greatly from simply meeting requirements, delivering on time and not exceeding the budget to include a plethora of other success criteria. In fact, what success is; often changes many times during the project. This and many other facets of software project management frustrate and perplex untrained software project managers since most enter into this role untrained.

This article presents what anecdotal and experimental evidence has shown software project managers need to know that can be conveyed via training programs. Today’s software project manager can also benefit from this information to overcome many of the misperceptions about nearly everything regarding software project management.

The need of the hour is managing adequate issues of software engineering projects that cannot be done without the use of software project management. The importance of adequate management is becoming more apparent with each passing day. Usually in organizations the project managers are not trained at all or are poorly trained. This article examines what we now know is needed to successfully manage software engineering projects and how education can help transfer this information.

Software project management represents a paradox within the software engineering community.

It has been described as being more vital to software project success than all other factors combined, yet there are still no conferences or journals devoted to this topic. In fact, international conferences on software engineering rarely list software project management as a topic in the call for papers topic list. Finally, we are slowly realizing what other knowledge work related professions have known for a long time – project managers are not born, they are made – through education. The problem is that there is no general agreement on what knowledge and skills a software project manager needs in order to be successful. In fact, we have yet to agree on just what success in software engineering is. This article examines what software engineering project managers need to know, what skills they must possess and how these may be acquired through education. The resources cited are not restricted to software engineering alone as there is a lack of research in this subject.

Before we move to the training part we need to know what software project managers actually do. The tasks they carry out are.

According to a very successful and renowned CEO Robert Townsend, the most skillful and capable person in a team should be made a manager. Because of his caliber of carrying out the underlying tasks and managing what needs to be done when.

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Use Of Enterprise Track

oracle use INSTANTIS ENTERPRISE TRACK , The first question that arises is why you need to choose INSTANTIS ENTERPROSE TRACK. The use of this enterprise pack comes when you need to optimize project and resource investments. This helps you improve strategy execution and financial performance with more effective work and resource management. this end to end solution provides a top down approach to managing, tracking and reporting on the enterprise strategies, projects, portfolios, processes, resources and results. it uses what-if scenarios to optimize resource deployment. here we present an overview of the instantis enterprise track, so you have a clear view before choosing the best solutions for your resource deployment plus the above mentioned scenarios and solutions. here’s the overview: – plan and execute project portfolios strategies – manage demand and resource utilization strategies across IT and other project portfolio types. – monitor, report and analyze work and project portfolio activity, status and metrics – deploy quickly and easily the features include: strategy and process management: the benefits of this features includes, drive buisness and IT execution strategy from the top down by defining a portfolio of strategic goals and initiatives the second benefit is related to the feature idea management: capture new project ideas and filter requests by levergaging an online portfolio demand management: this feature is highly feasible when it comes to benefits like streamline and standarize intake capture , workflow, prioiritization resource scoping and approval processing for simple and complex project work demand proposal management: ensure alignment with strategic goals by enforcing a standarize workflow for promoting an idea for a proposal and selecting and approving projects. capacity management:  optimize scenarios with resources which include what-if scenario planning to simulate the impact of shifting , excluding or adjust proposed project plans resource management: enhance resource pool visibility and allocation control by balancing inbound work demand with available reource supply which includes time, staff and budget etc. the next feature is the most valuable of all project management: increase project status visibility and guide project team execution success. knowledge management: it is immportant as it improves project success by levergaging a centralised knowledge base of best practices, documents, tools and templates. financial management: this is very crucial for a projects success and minimising risk factors as it tracks planned versus actual costs with top down and bottom up project budgeting as well as capitalization, expense and charge back accounting. metrics management: track and roll up non-financial performance indicators such as defects , service levels, trouble tickets or any other operational metric of choice. survey management: gather feedback on demand from key internal customers and stakeholders with simple online surveys and polls. dashboards and reports: easily and instantly compose and share project and portfolio level projects which includes dashboards and reports at any phase of the project lifecycle , from ideas to metrics and from metrics to results collaboration: the collaboration involves improve productivity and project team which includes stakeholder communication and collaboration with seamless , fully integrated social networking. integration: it involves integrating with desktop applications , project management tools, enterprise applications and IT service management systems. oracle instantis enterprise track is the leading , cloud enterprise project portfolio management software used IT and project management offices to improve strategy execution and financial performance through better work and resource management. It provides an full service suite for managing , tracking and reporting on enterprise strategies , processes, projects , programs , portfolios , products, resources, costs and benefits. instantis enterprise track is easy to deploy quickly easy to use, easy to administer the tools of project and affordable. It empowers IT and PMO leaders

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Primavera Jobs Contract and Positions

Primavera jobs contract and positions :

As 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.

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Consultants and contract employee’s 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.

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.

Primavera p6 supports public sector and federal projects:

Whether 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.

The CPIC relies completely on systematic growth that 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 objectives support 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.

Oracle’s 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 CPIC requirements. But also navigate your technologies, reducing risks and maintaining compliance. PSGINC is adept in navigating federal acquisition regulations (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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Introduction to Primavera Systems Incorporation

Les Seskin, Dick Faris and Joel Koppelman are those legendary names who founded Primavera Systems, a brand name under which many soft wares that collectively form a comprehensive Enterprise Project Portfolio Management (EPPM) solution are marketed. Primavera was launched by Primavera System Inc. in 1983 but later on it was acquired by Oracle in 2008.

Primavera software caters the needs of a vast range of dimensions of a business. It includes project management, collaboration and control capabilities and integrates with many other soft wares.

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Primavera Systems Incorporation specializes in, product as well as program management software for almost all business areas which include architecture, construction industry, oil and refinery companies, Engineering etc. Primavera software is so well refined and articulately designed that it focuses on measuring performance, assuring governance, controlling in the best possible manner the overall activities of staff of a huge number with primary task of Project Portfolio Management which is its core essence. It helps in team collaboration enhancements and prioritization of investments and resources. A huge number of clients consider procuring this system due to one of its most attractive features which is support to risk management.

Primavera Systems Inc. has been continuously working on improvement of its effectiveness to help organizations increase their productivity in terms of ROI. The latest version of Primavera software is P6 with resumed improvement from Inspire, Evolve, Suretrak, Pertmaster, Cost manager, Contract Manager and Prosight. P6, which is the newest addition to the suite of Project Management Solutions, provides real-time view of portfolio performance. Risk management or what-if scenarios come under full fledge separate Primavera packages and offer scorecards and capacity analysis.

Such huge systems always require some special treatments as they produce the maximum fruit also. Their hardware requirements vary greatly depending on a client’s needs but in general, their hardware specifications apply to all software packages. Besides, client operating system must be Windows XP professional, Windows vista business addition or Citrix.

After all the pre-requisites have been dealt with, choose the right projects for the greatest business value. Then effectively plan, organize, manage, control and appraise your projects of all sizes. But the fact must be admitted and acknowledged that projects are becoming continuously unpredictable and more complex due to new emerging challenges, scarce resources, economic uncertainty, fluctuating markets, changing business demands, employees’ demanding more around-the-clock collaboration. In such situations, even medium level enterprises change in their plans and try to execute the right projects, easily and affordably.

Primavera is key to effectively address all above challenges that an organization faces in daily operations. Oracle’s enterprise primavera project portfolio management solutions enable organizations to intelligently manage their programs and projects. Real time visibility and practical information can be had using Primavera solutions. An organization can determine whether enough or sufficient resources are available or appropriate skilled personnel or team members are there to accomplish the tasks. Primavera solution helps a project manager evaluate the risks and rewards associated with projects and programs. You can achieve optimal performance in respect of management, collaboration, and control capabilities that is needed to effectively execute a project from start to end.

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Evolution to Primavera Project Portfolio Management

Just a decade ago, profuseness in existence of automatic systems, Enterprise Management Solutions, ERPs was rare and could not be envisioned. Enterprise Resource Planning systems, Management Information Systems, Financial Management Systems were not considered to be worth investing huge amounts in, like millions of dollars as their value for money was not acknowledged and man was too less refined intellectually, technically and information technologically and to concepts like artificial intelligence in respect of Enterprise systems. But a boom was witnessed back in 2001 of newer and newer computer languages which were being invented and their process of becoming quickly obsolete.  Every passing day was bringing revolutionary changes in the way gigantic enterprises operated in global village scenario compared with outdated practices. IT revolution had trailed French revolution.

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Now heaps and piles of work get done in hours that dozens of employees on huge pay scales used to do in months. But it has only changed the way an organization operates. For man-power or human resource too, IT revolutions and automations by soft wares have entirely only changed the directions of mindsets, operational procedures and careers.

I, despite being a chartered accountant, found out within 3 years of professional career after I graduated from college that there was no survival for any company operating globally without profound knowledge and command over ERP systems implemented in-house and being insightful of their nature. It was 2006 when I, being the biggest proponent of Project Portfolio Management, proposed its procurement and implementation. On behalf of my company, I started my hunt for different soft wares trainings and IT certifications but to my surprise, I could find none in the near vicinity of mine. This was an era when only a handful of business tycoons of the world acknowledged its significance and there existed extreme monopoly in this emerging industry.

Presently, after about more than 10 long years, it is now that services are being rendered on vast scale in all walks of IT everywhere. But still quality, commitment, cost effectiveness and dedication are intrinsic part of only a few among them. Prescient Solutions Group Inc. keeps and maintains the honor to be one of those. Prescient Solutions Group is considered to be one of the best soft ware solution company and specializes in niche of Enterprise Project Portfolio Management (EPPM). It has got everything to offer that project manager might ever need or a multinational or transnational enterprise must be equipped with. A couple of years ago, our company started its operations after successful implementation of EPPM from Prescient Solutions Group Inc. In true sense, the company can now signify project management tools how inevitable they are in this era. Extensive market research of several numbers of companies led us to Prescient Solutions Group. Catering so well the major industries of the world, Prescient Solutions Group Inc. has created a real difference in Project Portfolio Management. Allocating budgets for PPM will never be an investment rather it will be saving for any company in longer run.

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Introduction to Baselines of Primvera P6

Introduction to Baselines of Primavera P6

The Primavera P6 provides the option to assign a maximum of three user baselines. Each baseline is provided to each project. Let us have a look at their role in successfully tracking overall project status.

Sched Sample 1

Baseline for Current Project

This baseline shows the current activities in project schedule that can be viewed in editable view.

Baseline for Project

This baseline resembles the current project baseline and is only created once all stakeholders have agreed upon final baseline. This baseline is usually not changed unless the due process has been completed and is normally kept under version control.

Primary, Secondary, and Tertiary User Baselines

These baselines are usually used to help get quick snapshots for comparison reporting and near term variances.

Basics of Baseline

The baseline is created using Maintain Baselines dialog, this will generate a full copy of the project within the database. You will not see the baseline project in project list as it is labeled as baseline copy.

There is no limit on the number of baselines that can be created within Primavera Project P6. However, this should not mean that you get carried away by the notion. The creation of each additional baseline means a full project copy, which would increase the amount of space occupied in the database. The performance of P6 database will eventually get affected because of the creation of too many baselines.

User Baselines

User baselines serve a different purpose which is mainly to assist the scheduling manager handle variance for a shorter period of time. One other way of looking at user baselines is that they provide snapshots of monthly status updates. Multiple user baseline fields can be used to create variance reports which would help the management spot differences between current and previous periods.

If the baseline is set as primary, the BL1 columns of the table area will have dates before the project which have been created in the Assign Baseline dialog. On the other hand, the data shown by BL2 and BL 3 will show data from baselines where snapshots have been allocated for Secondary and Tertiary fields.

The same BL prefixes are used by the variance columns which have been assigned to them in Assign Baseline dialog. One other use of different types of baselines is to display Gantt chart via Bars dialog. Select the display options to show baselines as bars below the activity bar. Bar Style settings in lower tabs can be used to modify their appearance.

Conclusion:

The capabilities of Primavera P6 are very powerful and useful and you can further capitalize on user baselines to better manage projects.

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An introduction to High Level Resourcing?

The tool for project management Primavera P6 helps in planning, scheduling and management of resources at hand. The amount of details that P6 can handle is enormous. You can use Primavera P6 to track work for thousands of hours. One of the key strengths exhibited by Primavera is its capability to create high level resource allocations. High level resource means planning to fulfill resource requirements of a high level project plan.

primavera p6 scheduling

High Level Project Plan

The high level project plan is usually of level 1 or level 2. In this kind of plan, the work details involved are usually basic. Anyone who sees the layout of the plan can identify core or critical elements or parts like construction details, design, engineering or procurement. The levels can go to many sub-levels depending on the amount of detail involved. Some engineering associations range levels from 0 to 5, where 0 signifies single bar and on the other extreme 5 being high level of detailed involved in a task. In case of level 5 tasks, work is categorized into several sub-categories. However, level 5 is not the last level and there many subsequent sub levels involved.

Why high level project plan needs to be resource loaded?

The primary reason why high level project plans may be resource loaded is because it will allow you to accurately assess overall resource allocations required. There are many other factors which get covered using this approach including possible downtimes, need of resources at various project phases and efficient use of available manpower any particular time. Besides, you will be able to predetermine cost and cash flow estimates.

Resourcing High-Level Project Plan in Primavera P6

Primavera P6 provides very simple way of performing high level resourcing, typically when we are beginning from the level 0 or level 1. One of the major benefits of using P6 is that you will be able to save a lot of time and be able to efficiently manage data without getting lost. The best way to create high level resources is to do in groups of trade or occupation instead of individuals. For example, “Site Engineer Construction” assigning “Construction Engineering Team” as high level resource would ensure availability of this team to other parts of the project as well.

The Relation between High Level Resourcing and Levels of Effort Activities

Levels of effort activities can play a very important role in high level resourcing. You can summarize activities using level of effort activity for single resource instead of assigning it several times to multiple activities. Although, we know level of effort activities represent the tasks which indirectly support the overall project but still these can be utilized for equipment or crew in high level plans.

Conclusion

The High level planning and high level resourcing come together to give project managers a fair idea of budget needs and human resource requirements to accomplish various activities. You can easily create a schedule at high level within minutes. Tools like Resource Usage Profile Graph and Activity Usage Profile Graph give estimates for resource demand chart and projected cost curve.

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An introduction to High Level Resourcing?

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