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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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Organizational Performance Management

Performance management design concept. Typographic poster. Performance management concepts for web banner and printed materials.
Performance management design concept. Typographic poster. Performance management concepts for web banner and printed materials.

A very crucial question that need to be pondered over is how does organizational performance management fit in. when talking about small startups, OPM main seem quite a big deal. But what if the organization is somewhere in between. On one hand you no more do all the logistics yourself on the other hand, there is still time when you will be cutting checks for a large number of employees.

For understanding how organizational performance management fit in, you first need to understand that OPM is a good thing. Relating strategy with implementation, making a strong link between strategies, how it is planned and then implemented in order to deliver on portfolio grounds. Also realize how important its value is.

Thing to keep in mind is OPM at scale is even better. If you don’t scale OPM to where your organization is OPM may seem quite complex to you, even in try of attempting it. If you think OPM is a good thing don’t waste a single moment trying it. It has been witnessed that the organizations that doesn’t seem to care enough about OPM, witness a downfall in their businesses. At times teams get frustrated and at times the progress get halted. And the same answers are given by the leadership- work harder.

Performance management is a lot more than the appraisals given at the end of the year. It’s about translating goals into outcomes, or results that are effective and has a huge progressive impact on the organization. It includes individual employees, teams, processes and the organization as a whole.

Effective PM will help you in nurturing individual performance, foster ongoing employees hence increasing overall organizational effectiveness.

OPM and strategic planning is closely related, here we will discuss how strategic planning has influenced private and public sector organizations. Indeed strategic planning is a crucial step in the management of any organization, regardless of at what level they reside. Public agencies have a greater challenge in evaluating their results. Whereas, private organizations have clear goals and results as the outcomes are closely related to the financial goals. Rapidly changing and increasing demands for programs, products and services and greater demands for accountability are the adequate reasons the public sector organizations have tend to opt strategic planning which leads to good organizational performance management as well as good results in overall progressive growth of the organization.Organizational PM helps in improving different levels.

How OPM can help?

  1. Assessment of your existing performance appraisal system.
  2. Development of performance plans in accordance with organization’s missions and goals.
  3. Writing elements and standards that involve measure of performance.
  4. Pay for performance systems
  5. Reward systems linked to your performance appraisal systems.

OPM mainly involves identifying the gaps in performance against the objectives of business, further recognizing where the gaps lie and deploying the improvements to close the gaps. Some of the key features are

Establish objectives, analyze process performance data, identify and implement improvement, implementation of improvements

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How to Determine the Value of Value?

valueThe question is project management, that has been asked frequently and quite readily is how the things both tangible and intangible can be determined, the cost and effectiveness. What is its value exactly? Value is a concept that varies from organization to organization and encompasses the total sum of all profits, gains and losses.

When the value which can be seen and determined is easy but what about the intangible ones. The clear ones can get you return, and you can easily get where the return is? The intangible elements the project can generate.

Businesses primarily consists of things are tangible, but things which are intangible can have great impact on businesses changing the way they operate, how employees are managed, how products are designed and sold. Intangibles can be classified as benefits or assets (resources). The benefits classified as intangible consists of subjective approaches and views about a company that can’t be expressed in terms of money.

The challenge is finding and tracing these valued intangibles. Keeping in mind, most of the value will be created in the minds of the investors or stakeholders.

Project management is considered as a central process in businesses used to oversee and control specific activities. The results of project management from that of the project as a whole cannot be differentiated and if they can, this might be a difficult thing to do. It definitely takes time and money to manage a project. The benefits include, both in terms of tangible and intangible.

One of the very basic tangible benefits that adds value to the business or project is budget management.

It is a major benefit that includes budgetary savings. Project managers are responsible for controlling budgets, making decisions how the resources need to be allocated, in order to get the best return.

Second major tangible benefit is meeting deadlines, which majorly includes managing your time. The completion of project requires two main things, completing it in budget and in time, meeting the deadline is very crucial to success of the project which ultimately adds value to the business and in return stakeholders get a sense of reliability over the project management team.

The intangible benefits can be managing risk and team work.

Discussing the prior, risk management is important as well as a difficult task to do. The reason being its difficult quantifying as compared to cost savings. The only thing project managers can do is evaluate the factors that can cause harm to the project and plan a strategy to avoid it to the best of their knowledge.

It might contains some tangible benefits too like placing a financial metrics for placing a tangible value on risk. The intangible benefit is taking the risk when it’s best to take it, the appropriate move to make. The sign of a skilled project manager is he can lead the team to its objectives but remain flexible to react to changing risk factors.

Another intangible benefit is team work, one of the key factors that affects project management is its allocation of human resources. The right person for the right job and their ability to work in coordination to achieve a common goal.

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Primavera Project Planner

Primavera P6 SchedulingBefore understanding primavera project planner, there is a dire need to understand modern day project management, with an effect of changing methods and workload dependencies in today’s business projects. Modern project management can be understood by two things

  • Business-driven
  • Technology powered.

The organization which follows the modern day project management mechanism looks a lot more stabilized and progressive than those who are not following it. The enterprises have added a lot to their business value by converting their business models and functional models from old to new trends, which includes, following agile methods, in order to make your projects a big success.

The main factors that can be seen while following modern project management approach are,

  1. Insight driven
  2. Collaborative
  3. People-centric
  4. Ultra efficient
  5. In control

Providing immediate project insight, what is needed, why and where they need it, questions like these, which are data driven and give your project competitive advantage. Understanding through it an example,a survey was conducted which indicated a demand for expedited financial information delivery, stakeholders wanted a robust insight into the financial details of the project and what tasks were carried out.

A culture of social project management has been created in the enterprises with this modern project management approach. Which results in better project results and successful outcomes are delivered by the team?

Understanding through an example, top priorities of CFO’S or CEO’s is information sharing between the teammates.

MODERN DAY PROJECT MANAGEMENT LEADS ARE PROJECT DRIVEN AND TECHNOLOGY Powered which makes them more important for the enterprise the reason being their valuable strategic approach, which confirms the success rate of projects and reduces the risk of pitfalls.

The primavera project planner has these all capabilities, primavera enterprise project portfolio management improves enterprise performance. Primavera focuses on solutions that go beyond facilitating on time, within budget and scope. This is mainly because primavera portfolio project focuses on outcomes that derive C-level strategic metrics and results.

Primavera project planner provides an easy to use approach to project planning, the need of the hour. Its intuitive interface makes project planning and controlling easy as well as fun. And the good news, you don’t have to sacrifice the powerful sophistication of high-end project management software that you may expect from us. The product can be referred as the multi-user that operates in a popular local area. It allows you to share data with other networks making it portable and easy to use.

As discussed several times, while planning through primavera software project portfolio management software whether it’s P3, p6 or any of these, the main focus is laid on planning and control, a wide range of guides are available online in this regard.

The question arises why project managers only choose primavera project planner, the answer is simple, it gives them the control they need to accomplish their project on time. At the high level and quality of technical expertise and within budget. Which adds value Primavera P6 Scheduling

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Enterprise Function Support

valueIf you are new to project management, you surely need to know and understand this phenomena,the first thing is understanding enterprise function model. The enterprise functional model is generic one that can be applied to numerous organizations, in any industry. It can be of two ways, product driven and service driven. It represents the highest level functions in an enterprise.

Now a days with the changing needs, everyone is in need of enterprise function support, it is more demanded as hybrid project delivery approaches. The quantitative analysis as show that the hybrid project delivery is becoming rather common these days.

In order to add more value to one’s business the things like aligning business activities is coming into considerations by project management leads. The activities which are made top of the list are project delivery activities.

The considerations may include activities like speed at which project iterations are produced using agile method, complexities of business and technology, and the increasing expectations of customers. Though these considerations are not limited to the ones discussed in the article, there can be many others as well.

All of these enhances the importance of enterprise functions and their support such as portfolio management, release management and resource management etc. these and other enterprise delivery disciplines have been identified by a framework known as scale agile framework. This has been identified as the key to success in agile project delivery methods.

Coming back to enterprise function model and its key features, the material used in enterprise function model gives details about

  • Overview of functions used.
  • Functional responsibilities
  • Terminology

This model is generic and can be implemented to a wide range of industries and enterprises.

The approach used can be product driven or service driven.

A function can be understood as a group of knowledge related (subject area activities).

These activities need to have a purpose.

The framework used for enterprise function model has an impression of creating a sense of getting a long lost thing back specially when considering the innovations, but that’s not the case.

Rather this framework has helped in identifying the critical need to have these functions in place and engaging all types of deliveries in an enterprise.

Whether there are project managers or agile leads, both can increase the percentage of their project’s success by getting closely related and integrated with enterprise functions. Lacking of this will create troubles for enterprise and organizations will have a hard time in processes like schedule, resource, dependency, testing and implementation. Without having any robust enterprise function model in place, the enterprise may lead to lesser number of successful projects ultimately reducing the business value and profit share of organizations, which is indeed closely related to how organizations design their work infrastructure.

Talking about function and their model, it varies with the scope of the industry, whereas the thing that has been seen is all enterprises do have research and development function.

Consistency while following the right model and delivery is very important for businesses.

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When the Benefits of Your Recent Project Fades Away

benifitsThis is a thing which is not being paid due attention, for instance, let’s understand it with an example the project you were working on is complete you are busy taking your time out, enjoy success, celebrating with your stakeholders and other teammates. You are not following your recently completed project but somebody else surely is.

You even engage in some new assignment. But then the unexpected happen. Ad what it is?

The project you completed is not delivering results. At some point like the first six months or so of your project, you might even overhear what your project has been creating, a mess for others or let’s just say , not adding the right kind of value or expected value to the business of your customer or the organization you are working for. But once you find out the results are not as expected, next thing on your mind is how you need to carry out the amendments but firstly you get to know, what went wrong?

You start looking for clues and let us see, what can be the answers,

Your findings reveal that the related processes which are supporting your product are not aligned thus in return producing the loss. Which results in erosion of benefits or you can say with this the benefits of the product fade away.

Some of the factors are discussed below, which can be of great help for project managers, these factors will help you fill the loopholes when you work on your next project, so here you go.

  • Overtime
  • Regulatory fines
  • Overlooked tax deductions union disputes.

Discussing these in detail is important.

But first, understand is what your next step would be, focus on the assignment you are currently working on and ignore what’s been lacking behind or work on the solution involving your stakeholders, other project managers, and team in the process. The answer may differ according to the situation you are in, but one thing you need know, updating the project with lessons learned is important. And crucial to your success as a project manager, whether you are in the leadership role or not.

Regulatory fine:

The project processes do not provide the project report on time, regulatory reports to be precise. There is a lack of compliance, data requested by federal or local authorities is missing. This results in creating a lot of mess.

Overtime:

Lack of clarity about changes brought by your project and the changed processes caused the operational areas to work as usual. Producing the undesired results and the operational areas worked as usual, and the work had to be done again.

Union disputes:

The implementation of the new processes and project caused a change in union worker’s duties, which were caused due to not thinking about the minor aspects at hand, in the current contract, the new contract if done, would be on a larger scale with contemplating, each and every aspect.

Benefits Gain Profit Earning Income Hands Volunteer Concept
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Hi friends, have problem listing open end activities in primavera P6?

import-projectIf you want to list up open end activities in primavera v6 and you can’t find any option in p6. A simple way is exporting activity relation detail to excel and separate predecessor with only SS successor. But that is a too lengthy process because at times you don’t know what formulas to apply in excel for fast working.  In excel one predecessor can have more than one successor. So you have to select predecessors with fully SS relation successors only.  Download are free to use schedule viewer. We have a project health check section which provides various checks including ‘ACTIVITIES WITHOUT SUCCESSORS’

There is a checkbox under this section where you can include or exclude activities with SS successors only. You can then export the activities to excel.  Hope this would be of great help for you on your project. You can still contact our experts if you face any ambiguity on provided email addresses globally or contact the vendor who provided you with the software.

Here are some problems that you might face and we are giving a solution to it in advance so that our blogs could be of great help for you. If you use the above-mentioned schedule viewer, and if it proves to be good there might a problem arise that it shows activities without predecessors or successors. It might not show open end activities. Only showing milestone activities with no successors and predecessors, this might create a lot of confusion or ambiguity. The problem can be, your, not tagging the checkbox. Consider, start to logic as missing.

Done. The other problem can be how to export that list to excel. When you try to export the whole project is exporting. Well, that is a big issue but you need not worry. When all the project activities are exporting including those without successors but you just want to export the list , not the Gantt then what you need to do is after clicking export and the options box comes up , you ought to select ‘expand to level  1’ and uncheck or deselect the ‘ draw Gantt  option’.

Another problem that can arise is , what can be the formula or any other method for extracting  SS relation activities in excel. The solution is using the formula countif(). You could sum up the total number of successors for each activity ID and the subtract the number of SS successors.

Another problem can be with the registration code being invalid there can be multiple reasons for it but one that has been commonly witnessed is moving or copying the existing file if you have copied or moved the file, the new file would need it’s own registration key. For the key that has been generated to you , you must use it for the existing file and not for any of new, moved or copied a file.

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Standardization and How it Effects a Project Manager’s Business?

project-managementThis article is written for the better understanding of how the standardizing of project management adds value to once business, in any industry, the growth is driven by standardizing project management across the organization.

Some key capabilities for standardization:

An enterprise must invest in standardizing, codifying and documentation of project management practices. It doesn’t mean one way of managing projects but a portfolio of consistent projects the enterprise.

Different business units and verticals may follow different methods or templates for following project management. Many variations are carried out in order to meet the needs of customers and specific markets.

For instance just think if standardizing is not done, it can reduce management’s ability to track and control price change requests and manage scope stuff, which may result in lower margins and increased project risks. Formalizing projects help scale your business. Fostering standardization of processed such as change management, scheduling, costing and project reporting is also very important.

Another major step in standardizing is consolidating and integrating project data. Project teams can also improve productivity and effectiveness.

Benefits of standardization are vast and far reaching, those organization that combined standardized project management processes with the right kind of technology get a significantly good result and successful projects. The outcomes include improved project team productivity, fewer project losses, the higher instance of projects that get completed on time, and are under their financial reachability.

Standardizing project management across an enterprise often encounters resistance. Because teams usually working as how they might be feeling but often you have to encounter adjustments one way or another. There is a positive side of creating consistent project management experience.

Standardization can have the following positive impact on a project manager’s life.

If you are a project manager, you can experience that your life may go from slow and steady to chaotic in a matter of seconds. , it is witnessed it would be helpful both for the leader and the teammates to work efficiently if you share a common way of working such as a framework or interface etc.

Considering an example, if the schedule of your project is built on the same tool as your teammate, it would be easier for you to grab what’s next on the to do list.

When hiring a new project manager, standardized project management, which is already implemented in the enterprise may help the new hiring in the understanding of how the work is done in that organization. Thus, drastically reducing the learning curve.

The cooperative continuous improvement is a very important thing and I have always been in the favor of improving. And the best way of doing this working along the other project managers, peers or pioneers both. This will help you in carrying out your tasks in more effective and standardized way. Thus making standardizing your tasks easier. Having someone to share your ideas and looking up to someone for some good experience is indeed a good strategy

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How Outsourcing Adds Value to Your Business?

outsourcingBefore pursuing to the understanding of adding value to your business, first, we need to understand what is outsourcing.  According to our very own Wikipedia, this term refers to a practice used by different companies in which they transfer a portion of their work to different external companies, this is a cost effective way but the condition is, it should be used properly. The external sources or service providers ought to be Specialists in their related fields.

Leaders choose out-sourcing to enhance business value propositions to stake-holders.

The question arises how and why the need arises, some of the processes are temporary and the company does not intend to hire a professional for doing that task.

However, before that, it is necessary that you should think and study about all the advantages and disadvantages of giving the resources and time of your business to a third party vendor, which is indeed very critical for your business.

As every other strategy related to business, there are many pros and cons to outsourcing as well. If not done right, it can bring down your business and create a lot of unrest.

Famous outsourcing business streams may include,

Pros of outsourcing

  • Swiftness and expertise
  • Concentrating on core process
  • Risk sharing
  • Reduced operational costs
  • Reduced recruitment costs

Cons of outsourcing:

The disadvantages include:

  • Risk of exposure of confidential data
  • Hidden costs
  • Lack of customer focus

How it adds value to your business:

When outsourcing, making a strategy which is effective in lowering the cost is very important.

Project managers can help make one.  Considering this three part structure,

  1. Assess the current state
  2. Consider the “to be” state
  3. Consider the governance require to sustain the future state

Project managers can avoid some common pitfalls in their outsourcing projects:

  1. Add a legal team, consisting of procurement and legal outsourcing experts which will help you in making the agreements.
  2. If you have any senior leaders around you, invite them to your project, in this way you can steer the initiative this will also help align it to the business mission.
  3. Gather some leadership support from your seniors; they might help you abstain from committing some serious blunders.

The things that count should be on finger tips of a project manager while handling a process with outsourcing aspects. Leaders can capitalize business value by keeping the right things in mind and if the outsourcing is done with a defined end.

Just to get an idea, consider that Assessments can be made on few things, such as

  1. Associate labor costs
  2. Labor expertise
  3. Value and non value support services
  4. Baseline of operational measures and service levels.

Project managers can help in many ways make an outsourcing strategies that trigger capitalization.

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