Wednesday Oct 31, 2012

Live Webcast for Skire Customers - 8 November

Join our Important Customer Briefing live webcast with Oracle Executive Yasser Mahmud to learn more about the product strategy for the combined Oracle Primavera and Skire offering.

Yasser Mahmud, VP Product Strategy, Primavera Global Business Unit, invites you to join him for an exclusive update on Oracle’s acquisition of substantially all of Skire’s assets.

Don’t miss this special, live webcast on November 8th,

Attend this online event and listen to Yasser share with you:

  • The strategic reasons behind Oracle’s acquisition of substantially all of Skire’s assets and what it means to you and your organization
  • Oracle’s vision to deliver the most comprehensive Enterprise Project Portfolio Management (EPPM) offering to manage the complete project lifecycle, from capital planning and construction to operations and maintenance
  • Exciting new product releases to help organizations manage their projects and facilities with more predictability and financial control, improving profitability and operational efficiency.
  • Oracle’s consistent commitment to customer success and product support

Save your seat: register now to attend this exclusive online event and learn how the combination of Oracle Primavera and Skire can help your organization succeed.

For more information about the combination of Oracle and Skire, please visit oracle.com/skire

Monday Oct 29, 2012

Salt River Project Identifies US$500,000 in Cost Reduction Opportunities Through Unified IT Portfolio Management

Salt River Project implemented Oracle’s Primavera Portfolio Management to unify management of its extensive IT portfolio, including essential utility systems, like work and asset management, as well as programming frameworks and development tools. With the system, SRP discovered almost US$500,000 in cost-reduction opportunities by identifying redundant or low use software, including 150 applications that are close to being unsupported. The company retired 10 applications in the last year and upgraded 34 systems. SRP also identified preferred technologies and ensured that more than 90% of applications are based on standard technologies—reducing procurement costs, simplifying maintenance support, and lowering total cost of ownership.

[Read More]

Friday Oct 26, 2012

Crystal Ball Live Webcast: Expert insight from EpiX Analytics

Register today for the November 2nd live Crystal Ball webcast- Expert insight from EpiX Analytics: Techniques for Improved Risk Management and Decision-Making

Join our speaker Dr Huybert Groenendaal, PhD, MSc, MBA, EpiX Analytics LLC and learn how to realize the full value of decision-making techniques, and:

Gain insight into risks and uncertainties

Account for risk in quantitative analysis and decision making

Generate a range of possible outcomes and the probabilities they will occur for any choice of action

Learn best practice for the use of Crystal Ball to support decision making in your own environment

Learn how to avoid common mistakes when using Monte Carlo simulations

Maximize your existing investment in spreadsheet technology

Register now for this November 2nd live webcast and don't miss this opportunity to learn how you can model, predict and forecast with better results.

For more information view the evite.

Thursday Oct 25, 2012

Video White Paper: Mega-Project Management: Reducing Risk & Complexity across the Value Chain

Watch this short video white paper, to learn how Oracle Primavera can help you keep projects on track and protect your investments.

You can also download the full white paper “Mega-Project Management: Reducing Risk & Complexity Across the Value Chain” to gain more in depth information about strategies for collaborating and sharing information and data in a systematic way across the value chain. Download the white paper in order to learn how your company can get the expected payoff from your next mega project.

Register now to download the full complementary white paper, and discover how to:

  • Improve decision-making and accountability through enterprise-wide visibility, workflows, and collaboration
  • Reduce financial and performance risk

Wednesday Oct 24, 2012

Webcast Series Part I: The Shifting of Healthcare’s Infrastructure Strategy – A lesson in how we got here

Register today for the first part of a three-part webcast series and discover the changing strategy of healthcare capital planning and construction. Learn how Project Portfolio Management solutions are the key to financial discipline, increased operation efficiency and risk mitigation in this changing environment.

Register here for the first webcast on

NEW DATE: Wednesday, November 7, 2012
10:00 a.m. PT/ 1:00 p.m. ET


In this engaging and informative Webcast, Garrett Harley, Sr. Industry Strategist, Oracle Primavera and Thomas Koulouris, Director, PricewaterhouseCoopers will explore:

  • Evolution of the healthcare delivery system
  • Drivers & challenges facing the current healthcare infrastructure
  • Importance of communication and integration between Providers and Contractors to their bottom lines

View the evite for more details.

Monday Oct 22, 2012

Smarter Ways to Unlock Your Unused Contingency Budgets

Cash flow is becoming increasingly important in the current economy; senior executives are looking for smarter ways of unlocking unused funds for new or ongoing capital expenditure projects. With project contingency budgets on average equaling 10 percent of overall costs, are you confident that you can release this cash without risking existing investments or the health of your overall project portfolio?

This is the central question posed in a new report from the EPPM board,
Hedging Your Bets? Optimizing Investment Opportunities for Great Cash Flow. The board is Oracle’s international steering committee, which brings together senior figures from leading organizations to discuss the critical role of enterprise project portfolio management (EPPM).

C-Level Visibility Will Unlock Funds
In addition to exploring how unlocking your contingency funds enables you to augment your cash flow (without resorting to expensive borrowing), the report offers a number of suggestions on how this can be done in a risk-free way, including

  • Building an effective governance framework that shows the demonstrable value of every project within the portfolio
  • Undertaking contingency planning risk assessments that give you complete portfolio wide visibility into all risk factors
  • Establishing executive ownership of the portfolio to promote a more realistic appreciation of the risk levels inherent in the portfolio
  • Creating a chief risk officer role that can review consolidated contingencies and risks so they are not considered in isolation

The overriding message behind the report—and the work carried out by the EPPM board—is the need for increased C-level visibility across the entire enterprise project portfolio to enable better business decisions.

Read the complete report in English, Chinese, German, or French.

Read more in the October Edition of the quarterly Information InDepth EPPM Newsletter

Friday Oct 19, 2012

Don't Miss the Primavera Track Call for Presentations

COLLABORATE 13

Do you have first-hand experience with Oracle Primavera that will benefit others in the Primavera community? Can your insights save another company from learning an expensive lesson? Do you have a success story to tell?  The COLLABORATE 13 – Primavera Track Call for Presentations is now open!

April 7–11, 2013 in Denver, Colorado, is the premier event for Primavera and Unifier power-users to learn best practices from successful customers as well as hear details on the latest product functionality from the Primavera team. With over 50 sessions dedicated to Primavera products, users will also be able to learn about Primavera's complete product suite and network with other customers and partners within the Primavera community. Customers can also attend hundreds of sessions on Oracle's complete product suite.

Share your Primavera success story by submitting a presentation proposal. Deadline for submissions: Wednesday, October 31, 2012.

The Primavera presence has been growing at Collaborate year over year, with 50+ sessions and 400 customers in attendance last year – but we want this year’s track to be even bigger and better so please submit a session!

Thursday Oct 18, 2012

Survey Probes the Project Management Concerns of Financial Services Executives

Do you wonder what are the top reasons why large projects in the financial industry fail to meet budgets, schedules, and other key performance criteria? Being able to answer this question can provide important insight and value of good project management practices for your organization.

According to 400 senior executives who participated in a new survey conducted by the Economist Intelligence Unit and sponsored by Oracle, unrealistic project goals is the main reason for roadblocks to success

Other common stumbling blocks are poor alignment between project and organizational goals, inadequate human resources, lack of strong leadership, and unwillingness among team members to point out problems.

This survey sample also had a lot to say about the impact of regulatory compliance on the overall portfolio management process. Thirty-nine percent acknowledged that regulations enabled efficient functioning of their businesses. But a similar number said that regulations often require more financial resources than were originally allocated to bring projects in on time. Regulations were seen by 35 percent of the executives as roadblocks to their ability to invest in the organization’s growth and success.

These revelations among others are discussed in depth in a new on-demand Webcast titled “Too Good to Fail: Developing Project Management Expertise in Financial Services” now available from Oracle.

The Webcast features Brian Gardner, editor of the Economist Intelligence Unit, who presents these findings from this survey along with Guy Barlow, director of industry strategy for Oracle Primavera. Together, they analyze what the numbers mean for project and program managers and the financial services industry.

Register today to watch the on-demand Webcast and get a full rundown and analysis of the survey results.

Take the Economist Intelligence Unit benchmarking survey and see how your views compare with those of other financial services industry executives in ensuring project success.

 Read more in the October Edition of the quarterly Information InDepth EPPM Newsletter

Tuesday Oct 02, 2012

What Poor Project Management Might Be Costing You

For project-intensive organizations, capital investment decisions define both success and failure. Getting them wrong—the risk of delays and schedule and cost overruns are ever present—introduces the potential for huge financial losses. The resulting consequences can be significant, and directly impact both a company’s profit outlook and its share price performance—which in turn is the fundamental measure of executive performance.

This intrinsic link between long-term investment planning and short-term market performance is investigated in the independent report Stock Shock, written by a consultant from Clarity Economics and commissioned by the EPPM Board. A new international steering group organized by Oracle, the EPPM Board brings together senior executives from leading public and private sector organizations to explore the critical role played by enterprise project and portfolio management (EPPM).

Stock Shock reviews several high-profile recent project failures, and combined with other research reviews the lessons to be learned. It analyzes how portfolio management is an exercise in balancing risk and reward, a process that places the emphasis firmly on executives to correctly determine which potential investments will deliver the greatest value and contribute most to the bottom line. Conversely, it also details how poor evaluation decisions can quickly impact the overall value of an organization’s project portfolio and compromise long-range capital planning goals.

Failure to Deliver—In Search of ROI

The report also cites figures from the Economist Intelligence Unit survey that found that more organizations (12 percent) expected to deliver planned ROI less than half the time, than those (11 percent) who claim to deliver it 90 percent or more of the time.

This fact is linked to a recent report from Booz & Co. that shows how the average tenure of a global chief executive has fallen from 8.1 years to 6.3 years. “Senior executives need to begin looking at effective project delivery not as a bonus, but as an essential facet of business success,” according to Stock Shock author Phil Thornton. “Consolidated and integrated visibility into individual projects is the most practical solution to overcoming these challenges, which explains the increasing popularity of PPM technologies as an effective oversight and delivery platform.”

Stock Shock is available for download on the EPPM microsite at http://www.oracle.com/oms/eppm/us/stock-shock-report-1691569.html

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