Wednesday Jul 31, 2013

Design. Connect. Build.

Mortenson Construction helps large project teams collaborate and share information—on and off the construction site.[Read More]

Monday Jul 29, 2013

Upcoming Webcast Series: Drive project success with Enterprise Project Portfolio Management

With an increased focus on controlling costs, driving efficiency and minimizing risk, delivering projects that create measurable business value is becoming increasingly tough. Consistently delivering successful projects is vital to the financial success of any organization. Watch these exclusive Oracle Primavera webcasts, featuring expert insights and real-world case studies from across a range of industries showing how you can meet these challenges. Each webcast focuses on one of the three hottest topics in project portfolio management today:

  • Financial Discipline: learn how you can gain greater visibility and control of project finances
  • Operational Excellence: discover the key to increasing efficiency and reducing project costs
  • Risk Mitigation: understand how to overcome uncertainty and avoid costly project delays

If you need to deliver consistent project success, register for the webcasts today to learn how EPPM is helping organizations like yours do just that.

Register today, for the first webcast of this three part series, Financial Discipline: Take Control of Project Finances to Maximize Business Value, August 1st, 2013 – 2:00 p.m. ET

Tuesday Jul 23, 2013

Q&A: Project Portfolio Management Can Help Financial Services Firms Succeed

As executives in financial services organizations across the globe face intense regulatory scrutiny, the project management office is playing a more crucial role in maintaining agility and strategic project planning, according to a new Oracle white paper, “The PMO—The Key to Surviving Financial Services Reregulation.”

Mike Metcalf, Oracle’s strategy director for services, says the right enterprise project portfolio management (EPPM) solutions and a central project management office can help financial services firms become less reactive and better equipped to deal with regulatory challenges.


Q: What problems are financial services organizations facing in the aftermath of the financial crisis?

A: Legislators in various countries have decided to tighten up regulations after a period when some rules were being loosened. So for financial services organizations, the challenge today is how to survive in an era of reregulation. The first obstacle they face is that new regulations may span different areas of banking operations, so some regulations may overlap and conflict with each other. Organizations must be sure that responding to one regulation doesn’t impact some other area.
Second, many organizations address these regulations in silos—different parts of the organization are responding to regulations independently, and they are tracking compliance with ad hoc tools, such as spreadsheets. This leads to increased risk because these tools are not conducive to collaboration or to creating a centralized view of all the regulations that need to be addressed.

Read the complete interview here.

Friday Jul 19, 2013

Oracle’s New Magazine Targets Readers in Engineering and Construction

The premiere issue of Construction Connection, Oracle’s new digital magazine and microsite, published in partnership with Engineering News Record, for professionals for engineering and construction companies, is now available.
Read More[Read More]

Wednesday Jul 17, 2013

Live Q&A Automotive Webcast: Make or Break: Why Auto Products Must Get to Market On-Time - July 30

According to a new industry forecast from Bank of America Merrill Lynch, automakers who replace their products faster stand to increase market share over the next four years.

But standing in the way of this opportunity is a daunting reality:

  • A four month delay in the auto industry for new products can translate into a cost of $1m per day of delay.

  • Lost profits due to delays can be as high as 60% over the product lifecycle.

So, how can automakers avoid these challenges and get to market on-time?

Join auto industry expert John Reichard
and learn about the importance of how planning, resource optimization and project management enables automakers to reduce development cycles and time-to-market.

 Live Date: Tuesday, July 30th 2013 / Time: 12:00pm EDT

Q&A: Project Portfolio Management Can Help Financial Services Firms Succeed

For highly regulated financial services organizations, the project management office is playing a more crucial role in maintaining agility and strategic project planning. Mike Metcalf, director of services industry strategy for Oracle, says the right enterprise project portfolio management solutions can help financial services firms become better equipped to deal with regulatory challenges.
Read More[Read More]

Monday Jul 15, 2013

Cloud-Based Project Portfolio Management Gains Steam

in May 2013, Gartner named Oracle a Leader in its Magic Quadrant for Cloud-Based IT Project and Portfolio Management Services.

The report noted that “IT project and portfolio management (PPM) leaders are under extreme pressure to improve the speed, accuracy, and agility of their project organization, while also managing risks and costs. They are looking for software solutions that can support these seemingly conflicting objectives. For years, the IT PPM software market standardized on on-premises or traditional hosting for deployment of IT PPM software functionality, but with the continued maturity of the internet as an enterprise computing platform, on-premises and traditional hosting have given way to another viable option—cloud-based IT PPM application services deployment.”

The Gartner report offers nine key factors describing when and why an organization might choose a cloud-based IT PPM service provider over a traditional provider, including an immediate need for mainstream functionality that can be delivered rapidly and as a service, a lower likelihood of needing to extensively customize the solution, and a smaller or growing organization that is seeking a short-term solution, cost-effective solution.

Oracle’s Instantis EnterpriseTrack offers a number of complementary solutions and capabilities for the Oracle portfolio,” says Wayne Caccamo, a former Instantis executive and now part of the Oracle Primavera team. Instantis EnterpriseTrack is a market leader for lighter-weight project environments, such as IT, new product development, and process improvement. This complements Oracle’s traditional strengths in the capital planning, maintenance, and manufacturing environments that are prevalent in asset-intensive industries.

Instantis EnterpriseTrack has been successfully integrated into the Oracle development process, and the first release from Oracle is generally available. This release is a significant expansion of its capabilities in resource management, project demand management, and project execution. It also includes customer-requested product enhancements, reporting enhancements, performance optimizations, and user experience improvements.

Read the full Gartner Magic Quadrant for Cloud-Based IT Project and Portfolio Management Services report.

Get details about Oracle’s Instantis EnterpriseTrack.

Read Oracle’s press release about the Gartner Magic Quadrant for Cloud-Based IT Project and Portfolio Management Services.

Gartner does not endorse any vendor, product, or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

Saturday Jul 13, 2013

Oracle Receives a Positive Rating and Is Named a Leader in New Gartner Reports

Gartner, Inc. evaluated Oracle enterprise project portfolio management solutions in two reports recently.

The Gartner MarketScope for IT Project and Portfolio Management Software Applications, published in May 2013, gave Oracle a positive rating.

The IT project and portfolio management (IT PPM) products included in the Gartner MarketScope address the challenges of portfolio, program, project management office leaders; program/project managers; and resource managers. The report says that these groups continue to struggle with selecting IT programs and IT projects, prioritizing them, executing them at the right time, matching and/or balancing IT supply with IT demand, monitoring and reporting IT project status and IT expenditures to date, improving IT project execution efficiency, proactively addressing emergencies on IT projects, and tackling changes to the existing and planned IT projects triggered by shifts in business direction.

Oracle released a new version—release 8.3—of Primavera P6 Enterprise Project Portfolio Management earlier this year, with enhancements that can help improve the speed, accuracy, and agility of IT project and portfolio management efforts. For instance, the new version offers enhancements for importing global data and for optimizing mobile solutions—one of the key considerations discussed in the report. The improvements give enterprises greater flexibility in how work is distributed and the kinds of information that can be made available to team members. The solution can also push status updates to mobile workers via e-mail, making it easier for workers to conduct time, approval, and status reporting from their mobile devices. The release is also now available for Android devices.

Read the full Gartner MarketScope for IT Project and Portfolio Management Software Applications report.

Learn more about the new features in Oracle’s Primavera P6 Enterprise Project Portfolio Management.

Gartner does not endorse any vendor, product, or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

Thursday Jul 11, 2013

UPCOMING WEBCAST - The $38T Challenge: Strategic Implications for Energy Companies

The Energy Information Administration forecasts roughly a $38T capital outlay over the next fifteen years for the energy sector.

Register today for this upcoming live webcast on July 31, 2013 at 9:30 a.m. PT / 12:30 p.m. ET and learn what is the needed practical framework for your company to successfully manage this massive capital spend.

Discover the answers to questions like:

  • Is your energy company identifying, selecting, executing and ultimately operating these assets properly?

  • Are you successfully reducing waste and inefficiency?

Listen to customer success stories from your industry and learn how they achieve operational excellence, financial discipline and mitigate risk int heir companies. Plus you will be given the opportunity to have your questions answered during the live Q&A at the end of the webcast.

Save your seat today, you don’t want to miss this webcast if you are in the energy and utility industry! 

Wednesday Jul 10, 2013

Oracle Receives a Positive Rating and Is Named a Leader in New Gartner Reports

Gartner, Inc. evaluated Oracle enterprise project portfolio management solutions in two reports recently.

The Gartner MarketScope for IT Project and Portfolio Management Software Applications, published in May 2013, gave Oracle a positive rating.
The IT project and portfolio management (IT PPM) products included in the Gartner MarketScope address the challenges of portfolio, program, project management office leaders; program/project managers; and resource managers. The report says that these groups continue to struggle with selecting IT programs and IT projects, prioritizing them, executing them at the right time, matching and/or balancing IT supply with IT demand, monitoring and reporting IT project status and IT expenditures to date, improving IT project execution efficiency, proactively addressing emergencies on IT projects, and tackling changes to the existing and planned IT projects triggered by shifts in business direction. Read the full Gartner MarketScope for IT Project and Portfolio Management Software Applications report.

Also in May 2013, Gartner named Oracle a Leader in its Magic Quadrant for Cloud-Based IT Project and Portfolio Management Services.
The report noted that “IT project and portfolio management (PPM) leaders are under extreme pressure to improve the speed, accuracy, and agility of their project organization, while also managing risks and costs. They are looking for software solutions that can support these seemingly conflicting objectives. For years, the IT PPM software market standardized on on-premises or traditional hosting for deployment of IT PPM software functionality, but with the continued maturity of the internet as an enterprise computing platform, on-premises and traditional hosting have given way to another viable option—cloud-based IT PPM application services deployment.” Read the full Gartner Magic Quadrant for Cloud-Based IT Project and Portfolio Management Services report.

Read the complete article in the Oracle Information InDepth EPPM Newsletter here

*Read Oracle’s press release about the Gartner Magic Quadrant for Cloud-Based IT Project and Portfolio Management Services.*

------------------------------------------------------------------------

Gartner does not endorse any vendor, product, or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.


Monday Jul 01, 2013

Improving the Industry’s Best Cloud Project Portfolio Management (PPM) Solution – New Release of Instantis EnterpriseTrack

By Yasser Mahmud, Vice President of Product Strategy & Industry Marketing, Oracle Primavera

We know that in today’s rapidly changing world, organizations and leaders must adapt to fierce competition, business climate change and customers consistently demanding more for less. And project portfolio management (PPM) initiatives are a key component to help organizations thrive and stand out among competitors.

That’s why I’m excited to announce Instantis EnterpriseTrack 8.5. Since Oracle’s acquisition of Instantis late last year, we’ve been busy working to enhance the leading cloud PPM solution.

Here’s what’s new:

Perform more precise resource planning and management

  •  Gain more precise capacity visibility for resource planning and project execution with resource calendars that capture vacation, LOA and part-time resource availability

  • Ensure compliance and governance processes  with activity labor cost capitalization

  • Improve project labor cost estimation, tracking and administration with variable resource rates

Optimize Project Demand Management And Execution

  • Enhance productivity and analysis with project request flexible staffing plan and simplified finance estimation

  • Improve project status communication and execution with estimated time to complete (ETC) in timesheets and projects

  • Achieve audit compliance and governance with field change history for key project and project request fields

  • Enforce proper financial accounting processes with the new strict finance lock/close period option

Improve Reporting and the User Experience

  • Enhance user productivity and analysis with improved listing pages

  • Improve program reporting with new program filters in listing pages and reports

  • Run large data volume user defined Excel reports with MS Excel 2010 support

  • Accelerate user productivity and satisfaction with an improved user interface for project issues, risks, and scope changes

  • Enjoy faster system response and improved user experience with  optimized listing pages, resource planning, and application cache

  • Deliver user self-service training on demand with UPK support

And if that wasn’t enough, we’ve also made additional improvements to timesheets, field change history and finance lock/close period. Learn more about Instantis EnterpriseTrack 8.5.

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