Friday Nov 13, 2015

Join us for Primavera Day, coming in your area

Join Oracle for this exclusive customer briefing and learn all about Primavera’s latest solutions directly from Oracle’s executive team.

Primavera provides organizations of all sizes, across industries and regions with a global business foundation that reduces costs and increases productivity through a portfolio of rapid value, integrated and industry-focused solutions available on premise and in the Cloud.

Attend this event and get the information you need to actively evaluate plans for moving to the latest release, leverage the power of the Cloud and mobile applications, — and find out how  Primavera Cloud can further improve your business. 

 Find out more at

Thursday Oct 22, 2015

Swinerton Elevates Project Controls and Collaboration with Primavera Cloud

By: Yasser Mahmud, vice president industry strategy and business development, Primavera Global Business Unit, Oracle

Swinerton Builders, a construction and construction management services company operating throughout the Western United States, has been building excellence for more than 125 years. That is no small feat in the engineering and construction sector, where volatility is the norm and competition is consistently fierce.

Innovation has been fundamental to the company’s success, whether through its 100 percent employee-ownership model, focus on green building initiatives (which have garnered numerous awards), or the creation of its Center for Excellence in Project Delivery, designed to help the company adopt advanced construction technology even faster.

Most recently, Swinterton embraced innovation in the form of the cloud and Oracle’s Primavera enterprise project portfolio management (EPPM) platform to bring project controls, collaboration, and client satisfaction to a whole new level. Mike Murphy, corporate manager of project controls, Swinerton Builders, recently shared the company’s cloud journey in an exclusive webcast. There is a lot of talk about cloud and project portfolio management, and I think Swinerton’s story offers some valuable information and lessons that can help break through the noise.

So why cloud for EPPM? Based on its experience with Oracle’s Primavera P6 Enterprise Project Portfolio Management Cloud Service, here are Swinerton’s top five reasons:

  1. Extend collaboration and project controls across the business. A single repository for all project-related data provides stakeholders with access to real-time data, supports continuous improvement and best-practices adoption across the company, and eliminates cumbersome, paper-based spreadsheets. It also enables them to establish enterprisewide standards. The company now has a complete and accurate picture of project performance and supports consistency across the firm using standards, which include codes and templates.
  2. Gain new visibility into and control over critical projects. Key stakeholders—including project owners—can instantly check the progress of active projects, accessing up-to-the-minute information from their mobile devices as well as PCs and laptops. In addition, Swinerton executives can view critical data for all construction projects in progress across all divisions from a single screen, providing unprecedented insight.
  3. Scale up system users quickly and cost-effectively to match construction sector growth and project demand. The group can add users in minutes, with the confidence that the process is managed by a world-class IT support organization, while avoiding additional on-premises hardware investment. The flexible, cost-effective model also enables Swinerton to roll out the solution to more stakeholders, such as partners and project owners, which widens visibility and collaboration while accelerating decision-making.
  4. EPPM innovation. Right now. Swinerton gets instant access to the latest functionality, empowering users with the most up-to-date capabilities.
  5. Get out of the IT business, and put the focus back on what Swinerton does best—engineering and construction. The cloud solution alleviates strain on IT as it reduces the need to coordinate support for the application with the technology that sits below it.

To learn more about Swinerton Builders’ move to Primavera cloud, check out the full webcast with Mike Murphy and Garrett Harley, director, engineering and construction strategy, Oracle Primavera. And if you haven’t already, be sure to register for a Primavera Day event in your area and get additional information about Primavera cloud, including Primavera P6 Cloud, Primavera Unifier Cloud and more.

Monday Oct 05, 2015

Don’t Be Late

By: Garrett Harley, Director, Engineering & Construction Strategy, Oracle Primavera

Don’t be late, be better informed

If nothing else, construction and engineering projects present ample opportunity to fail. Complexity in assets, supply chains, finance, workforce skills and client requirements all present risk that could jeopardise success. A small slippage or error in any of these areas can easily cascade through the project to contribute to catastrophic failure. It’s little wonder construction and engineering project management is such a tough job.

In a survey of 304 senior executives from a variety of asset-intensive industries, more than a third said they miss their budget (39%) and schedule (34%) targets on major projects at least a quarter of the time[1]. The study by the Economist Intelligence Unit also found more than 60 percent blamed unexpected change for at least half of all project overruns.

The answer is in the data

It’s true that data is everywhere. But finding that nugget of data can help to reduce risk and improve the chances of success. To achieve this, you need to have the ability to manipulate your data in searching for better questions….this is where there is real value.

Every project creates a huge volume of data. From the bid process through to the project’s handover to clients or operators, there is a myriad of Word files, spreadsheets, PDFs and databases. But is the small valuable data easy to find and use? And is it available to the right people at the right time?

There are five main areas where construction and engineering firms are benefiting from improving how they organize and access data:

1. Lead to contract execution: win the right work with the right customers, at the right margins

2. Project and construction execution: manage change while reducing risk and improving margins

3. Digital handover: simplifying the transition to Operation and Maintenance

4. Project visualization: simulating construction sequences and spotting challenges

5. Lifecycle data hub: organizing data and making it coherent

But as with anything in life, it’s impossible to eliminate risk. But you can improve the chances of success.

To discover more, read our latest business brief.

[1] Building in change: Project construction in asset-intensive industries

Sunday Feb 08, 2015

Managing Change on E&C Projects

Written by Krista Lambert, Director Engineering & Construction Strategy, Oracle

 As the saying goes: change happens. But the recent report from the Economist Intelligence Unit (EIU), Building in Change: Project Construction in Asset-Intensive Industries revealed that for engineering and construction projects, change is not only inevitable, it creates its own set of challenges. According to the report:

  • More than 60% of survey respondents blame unexpected change for at least one-half of all project overruns
  • 55% of the executives surveyed consider their companies as average or below at anticipating change

Clearly, both owners and E&C firms feel that they could vastly improve their ability to manage change. An enterprise-wide project management system not only provides greater visibility and insight into changes, but also improves communication across organizational boundaries, so you can quickly adapt to disruptions in labor, materials, and costs. To find out more, read the article Critical Components to Effective Project Execution in the latest issue of Construction Connection.

Wednesday Feb 04, 2015

Visualization and the Digital Project

written By Garrett Harley, Director, Engineering & Construction Strategy, Oracle

5D virtual construction will transform the construction industry

 Redesign should take place on the computer, not on the construction site.

 5D virtual construction modeling, or 5D BIM (short for building information modeling) enables the various participants of a construction project—from designers and contractors to owners—to visualize and display the entire construction progress sequentially over time, factoring in a critical component: actual and forecasted costs. It has the potential to vastly transform the delivery of projects large and small.

 Here’s how BIM technology has progressed through the years:

3D: Three-dimensional design modeling that enables project visualizations, walkthroughs, clash detection, and item scheduling

4D: 3D modeling plus time, linking the project schedules: resources, tasks, etc.

5D: 4D plus cost, integrating design with estimating, scheduling, and costing

 Leveraging the data available in the 3D BIM model, 5D BIM optimizes construction project management, enabling project team members to visualize the progression of construction activities and the associated costs. Beyond the ability to maximize physical and constructability constraints, 5D virtual construction gives companies the ability to better manage budgets and forecasted expenditures. Understanding construction sequencing can help prevent problems related to constructability and optimize cash flow within the framework of construction sequencing.

 In today’s environment, many E&C companies and some owners have begun to adapt and adopt 5D into their work processes. Recent surveys predict that 100 percent of owners and 80 percent of contractors will use BIM in some way in 2014.

 Currently, there is no standard definition of BIM and many partial or incomplete solutions. Dual standards have been developed by different organizations such as the Industry Foundation Classes (IFC) by the buildingSMART allianceTM and ISO 15926. The number of developers in the BIM space has also grown creating integration issues.

For visualization to drive projects from concept to completion and into operations and maintenance, developers must extend current BIM capabilities. Users need mapping and display capabilities between the embedded construction schedule and the 3D model. They need easy, effective ways to verify clearances, identify design incompatibilities, and detect clash or collision points.

 All construction contractors are currently investing in standalone, specialized niche technology, so now is the time to bring those niche technologies together in an interoperable environment.

 For more information on BIM, read the whitepaper: “Leverage 4D Building Information Modeling (BIM) to Help Meet the Challenges of Infrastructure Growth”

Monday Dec 08, 2014

Litmus Test: 86% of Large Enterprises See the Value of Business Transformation, Yet Nearly Half Are Not Fully Ready to Execute

Author: Mike Sicilia, Senior Vice President and General Manager, Oracle Primavera

 Today, “business as usual” simply does not, and will not, suffice for large enterprises seeking success. New competition is emerging, existing competitors are upping their game, and the legislative regulation is challenging organizations to reach new levels of transparency. The landscape is dynamic, and for those businesses that strive not simply to compete, but to win, the need for business transformation is urgent. However, while the majority of executives agree that business transformation is vital to maintain a competitive edge, nearly half (48%) are only somewhat or not at all prepared to successfully execute a business transformation today.

 Oracle, in partnership with Forbes Insights, explored what drives business transformation initiatives both internally and externally for a company, and what determines the success or failure of such initiatives in the study, “Making the Change: Planning, Executing and Measuring a Successful Business Transformation .

[Read More]

Monday Jul 14, 2014

Managing Change on Engineering & Construction Projects

By Krista Lambert, Engineering and Construction Strategy Director, Oracle

As the saying goes: change happens. But the recent report from the Economist Intelligence Unit (EIU), Building in Change: Project Construction in Asset-Intensive Industries revealed that for engineering and construction projects, change is not only inevitable, it creates its own set of challenges. According to the report:

  • More than 60% of survey respondents blame unexpected change for at least one-half of all project overruns.
  • 55% of the executives surveyed consider their companies as average or below at anticipating change.

Clearly, both owners and EPC firms feel that they could vastly improve their ability to manage change. An enterprise-wide project management system not only provides greater visibility and insight into changes, but also improves communication across organizational boundaries, so you can quickly adapt to cost overruns, scope and schedule and quality impacts. To find out more, read the article Critical Components to Effective Project Execution in the latest issue of Construction Connection.

Tuesday Oct 08, 2013

Explore the Fundamental Connections Between Stock Value and Project Management

Senior executives are today more accountable, even vulnerable, than ever before to poor share price performance. There are numerous reasons for this, but the increasing negative impact for organizations means that senior executives need to take a more active role in making the right decisions throughout business operations. According to research conducted by the global consulting firm Booz & Co.1, over the last decade the average tenure of a global chief executive has dropped from 8.1 years to 6.3 years. This analysis of the world’s top 2,500 publicly listed companies found that executive turnover had increased from around 12% in 2000 to 14.3% in 2009, with more than a third (36.7%) of departures in 2009 being dismissals rather than part of a planned succession. project and portfolio management on share price and stock value

For project-intensive organizations, there is even more intense pressure on executives to deliver forecasted returns on investment (ROI). With the current economic climate, shrinking margins and increased global competition, the impact of huge capital investment projects extending beyond their scope and budget carries significant consequences. This places even greater emphasis on capital planning, a core business process that remains fraught with difficulties. In a survey conducted by the Economist Intelligence Unit in October 20102, only 11% of companies could claim they delivered expected ROI on major capital projects 90-100% of the time, and 12% reported planned ROI delivery less than half the time. These results highlight that organizations – irrespective of industry sector – are still struggling to manage risks, accurately predict levels of ROI and consistently deliver bottom line growth from their major capital investments. Bad investment decisions can lead to huge financial losses, which serves to place the spotlight firmly on the capital planning process. It also places greater emphasis on executive decision-making capabilities to determine which potential investments deliver the greatest value and reliability, as well as providing the financial stability to attract funding.

The danger of poor evaluation can quickly lead to a significant reduction in the value of the organization’s overall portfolio and compromise long range capital planning goals. From here, it is a short journey to poor share price performance.

Click here and read this full complimentary paper that looks at the intrinsic connection between long-term capital investment and short-term market performance, and how this can in turn affect the profit outlook for project-intensive organizations. Discover existing research undertaken in this area, and highlight case examples where project management performance has impacted – whether positive or negative – the stock price and, in turn, the overall image of both the company and those in the C-suite of these organizations.

Read here and share with your colleagues.

1Favaro, Ken et al, CEO Succession 2010: The Four types of CEOs. Issue 63 2011. Booz & Co

2“Prepare for the unexpected: investment planning in asset-intensive industries,” Economist Intelligence Unit, January 2011

Thursday Aug 29, 2013

Top Strategic Drivers to Success in an Unpredictable, Changing World

Whether they are in the power or process industry, owners, operators, and their E&C partners face extraordinary demands in the next 20 years. The International Energy Agency (IEA) 2012 World Market Report estimates that a cumulative investment of US$37 trillion is needed in the world’s energy supply system by 2035.1 Of that investment, US$19 trillion will need to go to oil and gas facilities and infrastructure and US$17 trillion to meet generation, transmission, and distribution needs with the remaining targeted at other energy solutions.

The $19 trillion in oil and gas investments is expected to span the globe from U.S. shale and Canadian oil sands to Iraq’s new oil fields and Brazil’s deepwater drilling. IEA also points out that the current energy renaissance in the U.S. will have significant implications for energy markets and trade. By 2030, the U.S. should be self-sufficient in net energy needs and a net oil exporter because of its increased production of oil, shale gas, and bioenergy as well as improved fuel transport efficiency. As a consequence of the U.S. shift, international oil owners will place more emphasis on Asian markets and strategic links to the Middle East. Utilities face unprecedented pressures, as well, given IEA’s estimating $17 trillion investment in power infrastructure. Global electricity demand is expected to increase over 70% by 2035, according to IEA, with over half that demand from China and India. As well, electric utilities in the U.S. are expected to invest at least $51.1 billion in transmission projects through 2023.2 The Edison Electric Institute (EEI) estimates that more than three-quarters of the $51.1 billion will be used to support the integration of renewable resources in an effort to meet growing demand, relieve congestion, improve reliability, and support new generation sources to power grids.

Whether owner, developer, utility, or E&C company, success in the current and emerging environment will most certainly depend on an organization’s cost control, operational efficiency, and risk mitigation—read the full article in Engineering News Record’s (ENR) 2nd edition of the Construction Connection digital magazine to discover why.

Visit the microsite to read highlight articles from the digital magazine.

Monday Aug 26, 2013

NEW! Oracle's Enterprise Project Portfolio Management (EPPM) Webcast Center

We have just launched Oracle's new EPPM Webcast Center, a single console where you can search and watch all EPPM related OnDemand webcasts and register to attend upcoming live webcasts.

These webcasts provide updates on new product features, best practices, customer case studies and more.

Simply log-on to the webcast center where you can filter by products and industries that you are interested in.

Click here to visit the webcast center now!


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