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Insights into the ideas and innovations that are transforming project planning and delivery

Digital Transformation in the Spotlight at Oracle Future of Projects Event

In my last post, I discussed the importance of digital transformation to unlocking significant productivity gains and other improvements in the area of project delivery. That concept emerged as a central theme at our recent Future of Projects event in London, where leading global and European organisations gathered to hear peer presentations on successful business transformation through digitisation.

One such organisation, UK Power Networks, explored how Primavera solutions from Oracle Construction and Engineering have supported a key transformation program for the utility. Liam O’Sullivan, business transformation programme director for UKPN, explained that his organisation’s project delivery transformation journey was part of a larger organisational imperative to drive greater shareholder value. By enabling UKPN to manage cost, contracts (NEC3), schedule, and scope, while also facilitating collaboration across the supply chain, the use of an integrated solution enabled the project controls team to manage data holistically. In addition to driving new efficiencies, this approach has enabled more effective management decision making, O’Sullivan said.

Another presenting organisation, engineering services company Assystem, examined both how it has transformed its own projects business as well as why it views the Primavera solution set as the ideal way for its customers to manage their projects and programs. Christian Jeanneau, senior vice president for Paris-based Assystem, said during his presentation that the ability to integrate cost and schedule and to reduce claims through effective change management processes are key components to driving improvements in project delivery. In addition, such changes can reshape how executive management views the role of technology in delivering better outcomes, as access to near-real time analytics enables better decision making.

A presentation from multinational retail company IKEA explored how that organisation has leveraged Primavera Unifier to manage more effectively its current and forecast property portfolio. Unifier supports the management of IKEA’s CapEx budget across this ever-growing portfolio through all aspects of cost control as well as enforcing procurement best practices. Key changes include standardising processes, increasing visibility, and supporting governance, explained Kenneth Percy, Global Construction Cost Manager.

In addition, one Future of Projects presentation examined both the transformation of project delivery processes – and the potential to transform how the world produces energy.

Sébastien König, schedule responsible officer, ITER Organisation, discussed his organisation’s pioneering work managing a multinational effort to create the world’s largest tokamak, which is a device designed to prove the viability of nuclear fusion – the same process that powers our Sun – as a large-scale source of carbon-free energy.

This is no mean feat.  The ITER program involves 35 nations and comprises around 250 interlinked projects covering many hundreds of thousands of activities spread over decades. With such a complex project and diverse, far-flung group of stakeholders, effective schedule management is critical to managing against the project’s timelines and budget. Primavera P6 Enterprise Project Portfolio Management plays a key role by ensuring all parties are working in a common technology while at the same time helping manage the complexities arising from information sharing governance and other stakeholder collaboration challenges, König said.

The above represent but a few of the presentations and themes from Future of Projects. Watch this space for additional insights from the event and its participants.

 

 

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