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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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Tips to Manage Your Project with Remote Team in this Lockdown


COVID-19 has devastated impact all over the world and it is affecting many companies and businesses around the globe. To maintain social distancing and avoid the spreading of coronavirus, many companies have started remote working. But now the question arises that how can we accomplish our project goal while working from home? How can we keep our staff in sync while they are working from home? Here are some tips which can make your project management team in sync in this COVID-19 and help to achieve your project goal in this lockdown.
Trust-Building with Team Members:
In remote working, project managers need to understand that it is essential to develop the trust factor among the team members because you are not meeting with each other in-person. It might be difficult for those project managers, who have never managed the remote team before. You have to build up the trust in their capabilities and allow the team members to do their work complete in their way so they can enjoy the work from home even in this COVID-19 breakout.

Clear Communication:
The key to keep the remote team in sync is clear and timely communication. It is the responsibility of the project manager to communicate with each team member to track multiple tasks of the project and identify the problem on time if there is any.
Make Policies for Remote team members:
Companies/Project management offices must need to make proper work policies for remotely working team because any issue can create a problem for the company. They have must need to address the common issues which are expected to face in remote working. In policies, it includes communication gateways, workflows, and general security issues
Project-cooperation Tools:
Project Management companies need to provide various cloud-based tools to stay in touch with online team members as COVID-19 is a threat for everyone and you cannot do an in-person meeting with them. Here are some tools mentioned which can help the project managers and team members in project management, work-cooperation and conferencing.
Video Conference and Online meetings: Video conference tools help the project manager and remotely working members to stay communicated with each other. They cannot only discuss the project; in fact, they can discuss the other official stuff and the current situation which can help to reduce the boredom of work from home. There are many tools available that offer video conference chat, private chat, screen-sharing calls and presentation streaming to make the work easy like Zoom Meetings, Cisco WebEx and Go-to Meeting.
Synchronization and sharing of documents/files:

With the help of some tools it has become possible for team members to share the files just in seconds around the globe. It includes Google’s G Suite, OneDrive, Box, Samepage, Wimi, Dropbox and NextCloud where your team can easily access, collaborate, message and do the trial audit. The plus point is, some of these tools are also providing search filters, workflow management, and encryption. That’s how project management becoming smart while working from home in COVID-19.

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2020’s Technological Trends in Construction Industries

In the era of technology, construction becomes easier and advance with the help of new technology trends. Construction industries evolving new technology trends that are not helping in evolution as well as will be supportive of the advancement in the construction industry. To be in the construction industry as competitive, companies must have to adopt the technological trends in the industry. Here we are compiling a list of technological trends that were magnificently followed in 2019 and we believe that it will come up with some more advancement in 2020.

Construction Management Software:

In the field of construction, construction management software playing an important role in serving the better solution in project management like timekeeping of orders, bundling scheduling, decision making, budget management and so on. It is helping to make construction business easier with the help of automation. As well as it is facilitating the emergence of the construction business by the advancement in construction management software.

Safety Equipment:

Due to multiple incidents and deaths of workers at the construction sites, the construction industry has come up with advanced safety equipment gadgets. Recently they have introduced work boots that are connected to Wi-Fi, manages GPS as well as can tell you about the worker if he gets tired or about to fall. Advance technology has coming up with more safety products for the safety of workers like the cooling vest and moisture-wicking fabric.

Project Management Solution: 

Many construction companies have project management software according to their project management with their own modules. Now it has multiple features like equipment rentals, time solutions and change in order. With these changes, it is simpler for development companies to deal with their management projects. It supports subcontractors and contractual workers get paid toward the finish of a task. 

Virtual reality:

It has been around for a couple of years now to virtual reality, however, the development business is finding plenty of new applications for it in 2019 that make certain to be utilized later on. It permits the clients to encounter complex coordination direct to get a progressively exact measure of the venture. It gives a virtual perception of our genuine world with added information to increase the experience and takes into account a 360-degree perspective on the task.

Building Information Modeling:

BIM is usually used by architects and engineers. It helps to visualize the buildings, roads, and other infrastructure through computerized images which can help the contractors to design the process. BIM technology helps to calculate the budget according to the desired infrastructure. As well as the contractor can identify the required amount of material that will be needed in the future. It is an efficient technological tool as well because BIM reduces the design time, extra labor force and overall cost of the building. 

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Contact Management System

For a company, it starts with initiating contact with a leader who takes an interest in its products. It should be noted that a lead is not a potential customer but is the one who shows interest and has the potential to purchase the company’s products. As the business grows, more leads are generated, which creates a complicated situation which if not appropriately managed results in leads leakage. A lead is converted into contact when it establishes direct two-way communication with the company. Hence, to turn lead into a contact, it is essential to manage leads properly.
In current competitive markets, many business ventures are in continuous practice of growing their potential customers, and it leads to a stage where it becomes difficult to keep track of every customer, and thus it leads to the customer’s leakage, missed follow-ups and no customer commitment. Subsequently, it has been reported that an average business organization tends to lose 50% of its customers within a business cycle of five years. Thus, it has become a necessity to keep track of all customers and their needs which changes from time to time; however, it is a complex task to manage a large number of customers while also maintaining records. Hence, it creates a need for an automated system which timely keeps and updates customer records, and these automated systems are termed as Contact Management System.
Contact Management System provides a stable environment to keep track and update all customer information in its database. Contact Management System, or CMS allows the organization to retrieve data of particular customer at any time while also updating it timely. Furthermore, this database helps the company to strategically design their policies and keep themselves up with customer requirements. Secondly, the organization can also search for possibilities to review its sales strategy by examining the present position of the customer by handling connections. In this way, the business achieves a two-part goal by doing so.
The benefits of having contact management systems are;
• Maintaining more efficient and less overhead customer records and using them for maximum customer satisfaction.
• With many clients and candidates, the company has long-term relationships. A company needs a running history of with whom the company is dealing with because of the long-term nature of recruiting communications. Thus, Contact Management Systems helps to look over past communication resulting in more strengthening mutual relationship.
• CMS helps to assess company records and customer approaches which allows the company to promote new offers, resulting increase in sells.
• Alongside keeping track of customer data, CMS can also work as a feedback system, allowing customers to give their input about its products which helps the company to evaluate itself,

Concluding all, it has become an utmost necessity for a company to build a strong relationship with customers which cannot be done efficiently without having an automated system like contact management system. Meeting with customer needs should be the top priority of a company thus it is highly encouraged for a company to maintain an automated contact management system which in turn helps to gain customer support and increases chances of the company’s growth.


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Email Marketing & It’s Positive Effects

Email MarketingWe all have witnessed and are still going through the torture of bulk marketing emails that we receive on a daily basis. Some companies think that flooding people’s inbox with email marketing will be of great help to their business but the truth is totally different. Companies try to sell their products by sending thousands of email to consumers daily which mostly goes in trash or spam messages. They believe in bulk emailing and follow no proper marketing strategies.

It is important to understand growing trends and align your marketing strategies according to changing demographics. The new trends and ideas are needed to make things work and do wonders in your business. Till 2010 the bulk emailing was a success but now people have become technology friendly and have many options like mark as spam in their emails. So it is important to target the right audience at the right while you send a marketing email.

It is wrong to say that email marketing does not hold any value now but the truth is it is more effective than any other social media website or app. The only requirement is proper homework about the target customers and the right use of strategies is needed to make them work. Email marketing has certain advantages on the businesses if they put in efforts to maintain their online image as importantly as they manage their physical identity.

The important points are to be kept in mind while doing Email marketing as it will give a competitive edge to the company:

  1. Email marketing is the most cost effective way of marketing your business, products or services.
  2. It is the most time-saving option that a company can adapt.
  3. In email marketing, nothing is printed to posted to consumers so that is why it is also environmentally friendly.
  4. According to latest trends businesses has introduced an option to subscribe and unsubscribe on their websites. This controls the fake audience because a consumer who is interested in your products will ultimately subscribe and by doing this company can send their deals or any update of the business to the selected and prospective customer only.
  5. Through email marketing, you can convey messages to your consumers in the form of text, images or videos. It will be a kind of business branding.
  6. You can introduce your promotional deals through emails by sharing links it will be an easy option for consumers.
  7. Companies also introduce after sales service offers to their consumers through emails which create customer loyalty in the mind of consumers.
  8. Emails are read by the specific number of people and some special gentry which ensures customer loyalty to the company because they will read email at the time that suits them.
  9. Through benchmarking reports that are easily available on the internet you can also do the comparison with your competitors.

Email marketing is still the most effective way of communicating from business to consumers and also from business to business. In other words, it is the most sophisticated form of connecting to your customers or peers.

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Managing Small Business is an Art! A Guide For Effective Small Business Management

Managing Small BusinessLife is becoming difficult and competitive as the time is moving forward and with every passing day inflation is also increasing. One person’s earning is not enough to feed the whole family and on the other hand, it is not an easy task to get a job too. In this scenario what are the options for people who are not getting or doing any job and are looking for some ideas for earning? We have a solution to their problems and it is to start some small business and earn their livelihood.

Firstly it needs to be understood that what is a small business? In simple words, it is a form of independent business which comprises of limited size and limited investment keeping in mind which industry you are selecting. A business no matter how big or small it needs proper management and planning before the start-up and for that purpose proper working and a business plan is required.

A business plan comprises of the goals and objectives for starting your small business and also the strategies and guidelines to achieve your set targets. You have to keep in your mind the budget and strength you need to start your business because these two things will decide how much small your business is and how much investment you need. Even a small business requires proper management, planning and right allocation of time and resources in order to be successful.

We are mentioning below some guidelines for effective and successful small business management:

  • Set your goals and define your objectives that need to be achieved.
  • Keep in mind the 4 M’s of Business i.e. Men, Materials, Money and Machinery.
  • Effective time management can save your cost as well as give a boost to your business by allocating the saved time in the business.
  • Allocate your resources and finances appropriately.
  • Develop and build your network so that you do not have to spend more time or cost on advertising or marketing of your business.
  • Hire the best resources i.e. employees but keeping in mind the budget for the salary. Remote employees can also be hired for some tasks. It can save some money.
  • Communicate your vision to your employees.
  • Keep personal and business accounts and expenses separate.
  • Learn to negotiate in order to save money.
  • Try to automate your operations more through machinery and accounting systems for long term purpose. In this way, employee salary cost will be low and the result will be more effective.
  • Give attention to customer feedback.
  • Adapt to change keeping in mind the budget for your business because your customer needs some change and innovation after some time.
  • Try to cut extra cost such as the penalty for paying bills late or excessive luxuries because in the starting you need to focus on your costs in order to earn good profit.
  • Keep track of your progress. Properly monitor and measure the outcomes.

All these above mentioned guidelines are for effective and successful small business management. A person needs to focus and work on these guidelines if he /she wants to start their own business. There are some basic things that need to be focused and managed while starting a small business and then gradually things will start changing as a business will start to grow.

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Importance of Project Management in IT Industry

Importance of Project ManagementMany times we have heard the term Project Management. Whether the organization is large or small it is widely used by most organizations. To be precise and explain project management in simple words i.e. it the process of achieving an organization’s goals by planning, organizing and executing its tasks and assignments which leads it towards success and accomplishments. Project management is required in almost every organization. Here we will talk about its importance in IT based companies that how project management is useful for executing information technology projects.

In IT companies there are different projects related to software development, hardware installations, network upgrades, and data management etc. All these functions are really important and need extra monitoring and time because in the 21st century all the organizations are completely based and backed up by IT. Project management has different techniques, methods, and functions according to the need of every industry and the purpose of project management in IT company is to allocate and manage resources in such a manner that it takes the organization towards its goal and success.

Nowadays competition is really tough in IT companies because every day we can see new technologies and methods different companies are opting to bring up their ranking with the help of project management. The main task of project management is to define the goal, set the targets, make strategies to achieve those goals and targets and lastly to execute and closely monitor the work done till desired results are achieved.

IT projects are really sensitive because while introducing and implementing any new technology for the first time in the organization is very risky as it can bring down the whole system so it is really necessary that project management should be done in such a way if any complication occurs there should be a back-up to resolve the issue on an immediate basis.

How to Manage an IT Project

There are certain steps to be followed while managing an IT project because as we discussed above the risk of implementing IT projects. Some important steps which are to be followed mentioned below:

  • The project planning should be done in a team so that each team member should be aware of the target to be achieved and the sensitivity of the project. The discussion should be about the project done repeatedly so that even a minor detail and problem can be discussed and solved then and there.
  • After planning the plan is executed and the team goes live with all the details discussed in the first step, keeping in mind that they can always go back to the first step of planning for discussion if project faces any sort of issue.
  • Now comes the most important part of project management i.e. to monitor and control the project after the execution. Here it should be monitored very closely that whether the project is moving towards its set targets or not.
  • The last part comes after a detailed review and after ensuring that all the tasks are completed and work is being carried out according to set objectives. If everything is positive then the project closure happens.

There are different approaches to completing and performing IT tasks through project management. The approach we discussed above is the simplest and easy to understand.

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Do Small Setups Need HR Department? Let’s Find Out!

HR DepartmentThe term Human Resource Management is widely used in organizations nowadays doesn’t matter how large or small, new or old the enterprise is. But people need to know that why do we need Human Resource Department in every organization and what it actually does. Many people have the perception that the HR department only talks in the interest of management whereas the fact is way different from this perception. In actual Human Resource is the people’s management. It is undoubtedly the key resources of any organization and the reason for the formation of HR department is to strategize and formulate the rules, regulations, and policies of the company keeping in mind the safety and security of employees as well as the employer too.

Today we will specifically, discuss the small setups having 10 to 50 or a maximum of 100 employees in the organization. Do these setups need a separate HR department? The answer is Yes! But why? As we said above the size does not matter, it is actually the work and importance of HR that need to be understood. Any small setup will ultimately grow and become successful one day. Mostly we have seen that at the initial phase small setups do not hire or have any HR department or HR manager but as the time passes and setup starts to grow they realize that they do need HR department. Secondly while establishing a new enterprise how management would hire and manage the staff and their concerns and issues, doesn’t matter if there are only five employees, to retain those five and expand the strength of the office HR department is required.

The most important reason to have HR department from the beginning of any setup is that HR’s tasks are not only to recruit but in reality  Human Resource Department is equally important as any other department because it keeps the company’s liaison with the market and people and then with your employees too. It serves as a bridge between the management and second or third party for business and for any other purposes too. To have HR department from day one will be beneficial because as time will pass your company’s rules, regulations and policies will be aligned according to the changing size of your company.

What Measures HR takes in New and Small Setups?

Let us talk about some important measures HR department takes:

  • It develops an organization’s culture and it is the responsibility of HR department to keep the balance and to maintain the discipline in the office.
  • Set your organization’s values and objectives and keeps on giving a reminder to the employees.
  • Creates a hierarchal structure of organization.
  • Develops the staffing plan according to the needs and requirements of the company.
  • Plan the salary structure according to the budget.
  • Advising compensation and benefits plan for employee’s attraction and retention.
  • Introduce the company in the market amongst potential employees.
  • Setup the hiring process and criteria
  • Gives orientation, training, and molds the employee’s expertise according to the company’s requirements.
  • Closely monitoring the environment of the office and each employee’s performance.

As time is passing, Human Resource Department is adding value and becoming more and more important for organizations. They are playing an important role in organizational development.

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A Closer Look at Human Resource Management

Human Resource Management deals with employees whether it is recruitment, training, managing, direction and assistance, hiring, employee development, motivation and communication between management and employees. Many business leaders regard human resource as a separate department that is designed in such a way that it provides many services that include new employee orientation and take care of labors work.In reality, human resource plays a bigger role than people think about it.In fact, human resource can increase profitability and not only this but also helps in the improvement of the bottom line of a business in several ways.

According to research, that is conducted by business and legal resources indicate that more than 60 percent of executives are beginning to see HR as partners with other sectors or departments to increase the worth of business as well as its profitability. There is an outdated notion that HR is there just to process the paperwork has given a way to understand that it actually important in the strategic development of the business as well as the organizational culture. There is the potential for HR to have an immense impact because HR can be aligned with other company’s operation. Human Resource is important for both large businesses, but it is one of the complicated aspects of running in small business. Yet, HR is incredibly important, the employee’s salaries and benefits can be a huge chunk of the business’s operating expenses. The employees are our biggest asset, and one has to manage and protect that asset.

A huge responsibility lies on the shoulder of HR. They have an intense influence on the workplace ambiance of the workplace, creating a friendly environment among employees, settle disputes and work with each other. HR is responsible to recruit the best employees that possess the hard and soft skills. The HR Department is responsible for the management of human resources and all the typical tasks, including recruiting, compensation, payout, conservation, health and safety, compliance, training, and development. Determining the equilibrium between effectively performing core tasks and adding value to an organization can be one of the greatest challenges for any HR team. In turn, they expect to find the individual who is enthusiastic about their career, which increases the chances that employees will stick to the job for a long time. When employees are properly trained and equipped with appropriate tools, they can more effectively perform their work and become more productive. HR plays a key role onboarding process and can take steps to ensure that new employees receive the necessary training and are ready to carry out their work at the highest level. With human resources program and policies, a business will be able to solve the inevitable problems that arise when a business is growing. Employee complaints, legal issues, and clear communication depend on staffing policies to solve the problem. Even if the business is small, employees are working in different places or who telecommunicate from a different location still HR is necessary for the business, different HR apps help the owners to handle the work that is located on different places that include time management, employee tracking and, recruiting and hiring.

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Secret Lies in Collaborative Work Spaces

You often wonder how crucial is the environment of the office? The answer lies in observations and countless statistics that prove the importance of a balanced and positive environment in the success of businesses, be it small or large. The fact is that the office environment speaks for itself.

When it comes to project management, an environment that is collaborative and enthusiastic keeps the team aligned to its goals and tasks which eventually leads to successful delivery of outcome.

The reinforcement and impact of such an environment are often underestimated in project management. Below is a set of strategies that a project manager should implement to ensure that the environment at work maximizes productivity and success.

  1. Appreciation and positivity:

When a team member performs well at a given task, appreciate. Give appreciation where it’s due even if it’s for something as small as submitting work on time or working overtime to finish work. Appreciation might seem insignificant but in the long-run, it fosters positivity among team members and increases their self-confidence which is vital to producing a better quality of work. Moreover, appreciation pushes team members to do even better next time. However, constructive criticism should also be given where needed without degrading or insulting any of the team members. Lastly, the variety of opinions and think tanks always lead to improved and enhanced results.

  1. Build Rapport and Communication:

There should be a solid and well-built rapport between upper management and the team. The concerns, suggestions etc from the team members should be effectively communicated to the upper management. Also, feedback from the upper management should also be conveyed to the team members so as to ensure a two-way flow between the two units. As the gap between seniors and juniors diminishes, a positive change can be definitely noticed as that makes the team members feel that their opinions and words hold value. Moreover, communication between everyone involved in the project should be constantly using an email or dashboard. Communication gap can be eradicated by giving every member the confidence to share their input and being concise and clear about their thoughts. No office environment can succeed in suffocating conditions where members are not allowed to share or discuss.

  1. Set Realistic Goals and Expectations:

Do not overburden the team with the excessive workload. It’s often assumed that working under pressure yields better results. That is an utter misconception. Working under pressure diminishes the quality of work. The key to brilliant project outcome is assigning tasks to each member with realistic deadlines that give them time to experiment and do as well as possible. However, it cannot be denied setting bars high occasionally helps members grow their skills and come out of their comfort zones to discover their hidden talent.

  1. Follow a set of rules:

Every member of the team, regardless of his/her position, should and must follow the rules made and set. Standard processes and rules regarding every project help the team members stay connected about the project and keep them on the same page.

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Secret Lies in Collaborative Work Spaces

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