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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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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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An exploration of Project Management office and relationship to project performance

The Project Management Office is a group within a business. It can be a separate department in a time of needs. It helps to maintain the standards of project management within the business or organization. The project management office (PMO) is becoming the central hub of the enterprise. Apart from other tasks, its main task is to directly support the project managers. It is now predicted that in future its focus could also lie on strategic project management. Its vital task is to provide a tool for project portfolio management and resource management. The first and foremost goal of project management is to achieve the benefits through standardizing and by following the project management methods, strategies and also policies. It is now becoming popular as the companies that are connected with PMO are earning a return on investment. Nearly seven out of ten companies now have a PMO. It is responsible for the guidance, documentation, and metrics that are connected practices surrounding the project management and implement the projects within the business organization. This office is responsible to provide accurate reports on the project, project activities, and requirement to executive management as a strategic tool in keeping the implementers and decision makers moving toward consistent business-focused goals and objectives. The enterprise and companies need PMOs when there are many projects that need to be controlled. It helps in the coordination of resources with the different departments, it also help to obtain the current and well founded on which the decision can be made. When the environment is dynamic PMO help to take fast decisions. PMO is responsible to collect and provide precise data as sometimes the requirement might increase as people demand such clear data. It is responsible for controlling the classical project portfolio, it is responsible for training and coaching of project managers as well. PMO maintains the overview of the company projects and know the strategies of the organization and make sure that both go hands in hands. But the specific area of the application may vary from company to company. It is helpful for the company not only to look for the project management but also do side task. It maintains the current employee data especially in term of skills, and allocations. It is helpful in the promotion of information and communication. PMO helps to create a knowledge base with the lesson that needs to be learnt and best practices of past projects so it is ensured that there is no repetition of past errors. PMO is beneficial as it includes a successful project portfolio that is concerned with the available resources and corporate strategy. It is helpful in freeing up the time and energy of the managers and team of the project so that they can focus on the important operational tasks. It optimizes the project efficiency and increases the quality of the project and also minimizes the risk present in the project. The success of PMO is not immediately visible or even measurable but high-functioning PMOs has been confirmed by studies.

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Blockchain-Connecting the world to Crypto

In 2008 it all suddenly started mysteriously with the emergence of the whitepaper, that was an unknown entity called Satoshi Nakamoto. This proposed a new peer to peer financial system that was based on Bitcoin (digital cryptocurrency).

The technology which underlying the Bitcoin system is called Blockchain. But the question arises that what is Bitcoin? Probably it is a bit familiar to everyone as we have heard about it from media or somewhere else. So in simple words, the Blockchain is the public data register that is shared or distributed between hundreds and thousands of systems all over the world and all of them are linked together. In other words, we can say that it is registered that is continuously updated about “who holds what” a database of the transaction occurs on the linked network. It is not controlled by a single entity so we can call it a worldwide computer. Blockchain created the backbone of a new type of internet, it allows to distribute digital information but it is not allowed to be copied. According to Don and Alex Tapscott, Author bitcoin Revolution says that Blockchain is an incorruptible digital ledger of transaction that is programmed in such a way that it not only stores the financial traction but also something that has some value.

There is multiple application of this technology in different fields. In the Internet of Things, the blockchain technology has a huge impact. When millions of systems are connected to the security of information and the identity of the system becomes an important issue. So in such cases, the blockchain can become a solution to manage such a large amount of data security and also protecting the ownership and privacy of the data. Smart contracts automatically execute the predefined actions when a specific situation occurs. The main purpose of smart contracts is to provide a high-level security as compared tradition techniques of contracts. It improves the speed of execution and lowers the transaction cost. It is important because it provides the immutable environment, it means that nothing can be modified. As all the blocks are linked so there is no way that the information from the previous block can be altered without changing information in later blocks. Blockchain can be valuable in any situation where keeping a secure and transparent record is important. Many businesses prefer to use Blockchain as there are many genuine reasons to use it. Transparency is a positive attribute that why people prefer to use Blockchain in their businesses. The full transparencies in the network make it most likable technology. There are threats to the information stored in the system as there is nothing secured in the technology world but blockchain promise its users to provide robust security. All traditional financial transactions models are expensive to maintain but the blockchain network is inexpensive. The Blockchain helps to prevent all online scams. People who are involved in the blockchain technology always talk about how to prevent scams. It also saves times as a person can send or receive money or any other financial document securely in a minute.

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Primavera solutions for construction companies

Primavera provide the most reliable services to the constructions industry as it provides it to all the other sectors. Primavera professionals use their experiences and relentless attention to provide a solution to the problems that are faced by the construction industry. Industries face many problems due to slow decision making, so for this Primavera play the role of the go-to technology problem for the industries to solve the problem they are facing. Primavera anticipate your business and technology needs. Today the construction projects need new technologies, and new approaches as now the industries are facing unique condition in satisfying the demands of today’s world and also contractual requirements. In these industries, the architecture and structure of many projects need the ability to accommodate and stick to the business implications and with the changing guideline. Prescient Solutions Group with the help of Primavera P6 software help to research on the changing trends of the industries and help your business to meet the everyday business and technology needs. PSG and Primavera help you and your business to face the challenges that are faced by many businesses in the world today and also provide the return on the Primavera software that you require.

Primavera P6 software is a visualization tool that helps to improve the ability of a business to exchange complex ideas among the project participants. Now it is very easy and basic to generate and use the information for a construction project at any time. It deals with project cost and resources so that the organization can deliver the project on time and within the estimated budget and reuse the best practices. For big and complex projects, it is important to have a strong coordination and standardization, experience resource management and reporting about the project and its related work. For all this, Primavera P6 software helps the businesses to manage the work. Human resource is a precious and valuable resource but it is often an expensive resource, so it is a bit difficult to maximize the productivity and cost-effectiveness of them, so for this software for the projected survival. It effectively manages the cost, resources, contracts between the projects teams and also the changes in the single solutions. It helps to get a timely and also accurate data for decision making. You can have an access to the information at any time and any place you want, also it reduces the performance risk in the projects. It improves the operational efficiencies and also accurately forecast the date of project completion. Not only this but also it manages the projects effectively and improves team collaboration. It is a powerful project, portfolio, and human resources management solution.

Primavera has an outstanding reputation in the world of the construction industry. It provides the well-planned and executed projects in accordance with best industries practices. Primavera have experienced and skillful engineers that are ready to implement the industry-leading solution. Primavera staff also help to provide the complete details about planning, tracking, and management to its costumers and make sure that the projects will be completed on the time.

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Project Management is key to success for a business

Companies that are having a bad business record are now jumping on project management bandwagon and showing that how important project management is for the success of the business. In the today’s challenging economic world, the executive management needs to understand the important strategic role the project management is playing in the success of the business. If an organization wants to pursue their plans for the success and stability of their business so they need to know the worth of project management instead of considering them as a functional activity and they should place them at the core of their of business processes. At the same time, the responsibility lies with the project managers to engage better with senior management for the sake of the business. We are mistakenly thinking that project management is only important for industries such as engineering, construction, manufacturing. Indeed it is necessary for these industries but not only these. Project management requires a team of talented and skillful people. Those people are responsible for the planning and then executing that plan for the success of the business. The sound plan can mean a difference between the success and failure of the business.

Why project management is important

Project management deals with the unexpected before it becomes a bigger problem. It helps you to focus on the bigger targets of an organization, let them be more productive and allow you to spend less time on a low value-added task which allows you to concentrate on the high-value task. It leads to overall efficiency and if your project team is efficient and if it works efficiently so it will reflect all parts of your project. Project management team leads to better monitoring of the overall project, this overall overview, available activities, and resources helps you to make the right decisions. This helps you to use your resources to more ambitious projects. The most important factor is that Project management helps in enhancement of team management, as the human resource is the important asset of an organization. This allows your team to share knowledge and work in synergy throughout your business project.

It is essential for every business whether it is small or established. It helps the organization to reach the goal within the predetermined budget and time. It is a big challenge for the small organization as they have to deal with projects with limited resources. It involves the identification of the right project management and then applying it to the desired project.

Primavera helps you as a team of project management. You can rely on it for a project manager. Primavera personnel are experienced project management professionals having experience and leads your projects to the successful outcome. It includes planning, development, innovation, initiation, execution, and control. Primavera has a team of skillful and talented personnel that are having expertise in manufacturing, refinery, medicine, high tech industries, hospitals, aviation, office building, and renovations. Primavera has been supporting companies in long and short-term projects. It supports when your project is near the deadline with scarce resources, Primavera helps you with its highly experienced and qualified project management professionals.

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Developing the right IT Strategy to Support the Business

Most of the businesses struggle with slow decision making due to the lack of information technology. Information technology now supports Business processes and decision making. Decision making and nature of decision are changing with the introduction of information technology in today’s world. It is now used to create new business models, produce new products and services, enhancing the current offers and create more rewarding consumer experiences. For this, a business needs to develop the right IT strategy and technology for its success in business and to compete with other organizations in the world of Information Technology. A business can use Information technology to reduces its cost. IT experts teams develop tools to collect, store, secure, manage and distribute data to employees, who need to access the latest information when needed for decision making for financial and strategic issues. The businesses need to be able to respond quickly to the market conditions that are changing with time and competitor activity. Do your business really need to technology strategy that suits the demands of the digital market?

Primavera is focused to work for an organization that is facing such problems in the digital world and delivers the best solution of the problem the organization may face. With your slow decision-making problems due to lack of IT strategy, primavera helps you as a technology partner with the help of its IT experts and predicts the trends that affect your businesses. Primavera works to help you to face the challenges that a business may face in the technology world and helps you to identify your business capabilities that support your business and to realize the vision.  A number of businesses have involved Information technology in their functions for the decision making.

Technology transforms the way a business works, the business starts working more efficiently and IT solution to face the challenges of the market. IT can offer a business the competitive advantage over their competitors.  Companies can use IT to develop new products, the distance the products that they already produced from the existing market and enhance their customer services. IT helps the companies who adopt the low-cost strategy, they look to Information technology solutions to reduces their cost. It can be used to increase the efficiency of business and to it allows the employee to do the greater level of work in the short period of time.

IT governance offers a framework to align the business and Information Technology aspects of the organization’s activities. It means that business can manage and reduce the obstacle in the way of the business to reach the business goal. It helps to produce a framework which can provide favorable outcome by using your business strategy. It is the biggest challenge for the business to maximize the rate of return. IT governance can solve this challenge by setting this goal with a business it serves. It is the aim of IT governance to maximize the return while it manages the risk at the same time. Primavera with the help of IT governance strength the relationship between Information technology and the business for which it works through efficiency improvement and enhanced IT decision making.

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Project Management for Newbie’s

project-maangementProject management is a serious business. The reason for using this title is I believe the new entrants to software development don’t realize or take it serious what a serious and stressful job project management is.

The newbie’s these days think that it is a cool job as in the TV series, “the apprentice” where in each episode each project manager is given a single task for a week but that is not the case in reality, the project management is far more adverse and hectic job. It is indeed a tough job, no matter how big or small the project is.

The most important key factors in managing projects are:

  • Evaluating what is done
  • Determining where you are on the way of getting things done.

When the project management was started in the early days, risk wasn’t the issue that was being focused on. Only focus was on time and budget, the job of it was just to deliver what was being asked by the stakeholders. But with the passage of time things have changed radically which is a positive thing and should be acknowledged. The process of risk management is given importance and the project evaluators as well as the stake holders give due importance to this factor.

The most critical and soft skill is understanding the psychology. Projects and most importantly successful projects are all about teams, successful teams make successful projects. And successful team is made by a project manager who very well understands the psychological needs of the members. Understanding the psychology is very important while dealing with the stake holders understanding the needs of the business sponsors.

Here I present an analogy, a lighter one for a better understanding of what project management is,

To understand this analogy let us compare IT with Golf;

There are four factors that are compatible between golf and IT.

  1. It looks simple but believes you me, it is not.
  2. A very little mistake can lead to major problem; an error is the last thing you might want to encounter.
  3. Second guessing others is easy, when it’s in your hands, its easy being an expert with hindsight.
  4. Very difficult thing to do is to sustain a consistent level of performance.

A very important question asked these days is where and how the education should be started these days as there are few industries where the project management  is taken seriously, to name a few, the sectors like banking, aerospace and pharmaceuticals are some. But there are still some smaller or bigger ones where the term project management hasn’t made an impact or the due importance is not given.

The questions arises from where the education should be started, the answer is from the stake holders, they should be made to realize not everything can be handled by the same

Old traditional way where everything was decided in a board room and people followed what was discussed , now every stage needs supervision.

PSGINCS

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Consultation Services for Primavera P6

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

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

These all questions are definitely answered by consultations service companies.

Few of them are listed below.

CBA: critical business analysis inc.

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

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

The processes they use include:

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

The people involved in consultation services are

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

EBS:

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

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

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

Their oracle product suite includes:

Their services include:

  • Consultations
  • Planning
  • Integration
  • Earned value management for primavera
  • Upgrade and installation for products.
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Why a Good Team is a Primal Virtue for Project Success

project-succssA team, a dream team to be precise is a quality that can defeat any obstacle or hardship experienced during project making. Yet more on the soft skills. It has always been impressive that how people work effectively if they are given confidence and respect, with these two powerful tools things can never get out of your hand. Project management is all about keeping things in your hand. What is happening and how things should go the right way is the primal virtue a project management should focus on. Knowing your stuff and being able to share your expertise while not being utterly persuasive or slightly dominating is a virtue for a good team, a capable team with the right professional attitude goes a long way.

A good project team is always better then a spectacular team. Micro managing a team is never a good step; it will always add mess and might deviate you from the right path where you need to focus on important basis. If you try to become a super star, micro managing everything, trying to get every little detail, interfering, dominating, the superstar will get carried away. You just need to be focused and humble at the same time. There’s a famous saying;

Fill your bowl to the brim

It will spill.

Over sharpen your knife,

And the edge will soon be blunt.

More on soft leadership, pushy project managers may think they are being effective but they are not. Believe you me they are just losing a member. Surely a bad impact on team. Better to be relaxed and go with the flow. For that way, the team will be positive and motivated. That’s not to say you can be incompetent and get away with it. The team will soon find you out. Just be fair, respectful and honest, and you might earn all the respect in the world.

A wise project manager will get all the respect. He must be like water who gets its way easily. And goes anywhere freely. It is yielding and flows naturally. He doesn’t push things or get carried away momentarily.

Enlightened leadership:

A leadership that is soft isn’t selfish and thinks of collective progress. A good team is lead by these. Continuing the theme of soft leadership.  The main quality is selflessness, a project manager who is selfish and thinks only of himself either alienate the rest of the team or worse the team that is the correct way. And start to behave in the similar way adapting to similar characteristics.

The reason is a good project manager who is supportive, builds confidence and makes space for other people to grow and progress as he progresses.

A famous proverb is;

Heaven and earth are long lasting

Why are they long lasting?

They use no personal agenda.

So they last long.

There are a number of courses available online on how to be a good project manager.

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