Monday Jan 06, 2014

University of Minnesota Saves Millions with Fewer Construction Change Orders and Claims, Improves Collaboration with Project Management Solution

The University of Minnesota is one of the most comprehensive public universities in the United States, offering more than 370 fields of study at campuses in the Twin Cities, Duluth, Morris, Crookston, and Rochester. It also has six agricultural experiment stations, two biological stations, one forestry station, and regional extension services throughout the state. Project Management Solution for university of Minnesota

The university’s capital planning and project management department oversees approximately 300 capital projects annually, valued at US$250 million. Typically, 10 to 15 of those projects have budgets exceeding US$2 million.

Challenges:

  • Deploy a robust project management solution to support the university’s new capital planning and project management group, which oversees more than US$250 million in projects annually across multiple campuses and school facilities.
  • Standardize and automate processes and closely track the cost of capital projects, which range from classroom building construction to campus infrastructure initiatives, to ensure on-time, on-budget completion.

Read complete list of challenges here.

Solutions:

  • Gained a consistent project management methodology and process for the university’s construction projects with Oracle’s Primavera Unifier, improving the team’s ability to complete projects on time and within budget and achieving return on investment in three years.
  • Integrated contract and financial management and enabled the capital projects group to track and benchmark costs to gain a more accurate picture of expenditures associated with building certain types of campus structures, whether instructional buildings or infrastructure projects.
  • Reduced the number of change orders by 15%―saving US$3.7 million in 2009 alone―thanks to more detailed cost and scope information, audit trails, and transparency.

Read complete list of solutions here.

"With Oracle’s Primavera Unifier, we have introduced standardized project management methodologies, resulting in significant savings and enabling us to be better stewards of the projects entrusted to our group.” – Kevin McCourt, Business Manager, Capital Planning and Project Management Department, University of Minnesota

Read complete customer snapshot here.

Friday Nov 15, 2013

Enabling Cloud-Based Project Visibility at the University of Utah

With an eye on transparency and financial discipline, the University of Utah in Salt Lake City has taken a cloud-based approach to manage its over 300 capital projects totaling more than US$900 million. cloud-based project portfolio management solution

The University of Utah is a leading education and research institution that serves more than 33,000 students. It offers more than 90 undergraduate degree programs and more than 100 fields of study at the graduate level, including law and medicine.

Maintaining aging facilities and constructing new facilities to meet the needs of the students, educators and researchers is a continuous and complex task. For years, the University of Utah’s Facilities Management department had used an in-house database for construction project tracking. In an effort to improve project visibility and enable more stringent financial controls, the university deployed Oracle’s cloud-based Primavera Unifier project management system.

Greg Colf, senior business systems analyst in Facilities Management at the University, recalls, “We went from a simple database system with limited access to a cloud-based, robust cost management and contract control system that provides greater flexibility to end-users, reduces IT management costs and enables project transparency.”

The University integrated Primavera Unifier with its PeopleSoft Financial environment to manage contracts, automate payments to vendors and ensure fiscal transparency.

In the near future, the university plans to integrate its Primavera Unifier system with facility operations, maintenance management and geographic information systems for greater data management, transparency and sharing opportunities.

Read the complete article here.

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Friday Jun 07, 2013

Optimize News: Oil and Gas Special Report

The Oil and Gas industry is never far from the headlines; it’s one of the most scrutinized sectors in the global economy. From profits to safety, climate change to energy security, the industry has to meet challenges on a wide range of fronts. To drive profitability in the face of growing costs, risks and regulations, you need real-time visibility at each step of the project lifecycle. That's why more and more oil and gas companies are relying on innovative Project Portfolio Management (PPM) solutions to enable financial discipline, drive operational excellence and mitigate risk.

Watch the ‘Optimize News: Oil and Gas Special Reportvideo and see how organizations like yours are using enabling technologies to :

  • Optimize operations, minimize risks and improve resource efficiency.

  • Manage capital projects more effectively to reduce shutdown and turnaround time.

  • Reduce cost overrun by minimizing waste and inefficiency.

  • Better align operational execution with corporate strategy.

Wednesday May 15, 2013

Discover What's new in Primavera Unifier 9.9.3 - May 22nd

Don't miss this webcast and learn all about the enhancements in the recent new release of Primavera Unifier. Hear from the Primavera Product Strategy team as they take you through the details, including demos of the latest cloud-based Enterprise Product Portfolio Management solution from Oracle.

Register today - If you are a current Primavera Unifier user, then you definitely don’t miss out on this webcast!

Tuesday Jan 08, 2013

Oracle Primavera for the Engineering and Construction Industry: Commitment, Focus, Discipline

written By: Garrett E. Harley, Director, Engineering & Construction Strategy, Oracle

I was sitting in a restaurant in downtown San Francisco in the winter of 1995 when the canvas of my future found fresh paint. I had been living in Lake Tahoe since the fall. I was studying for the Medical College Admission Test, commuting to Davis, California to take my final exams, and racing out the door anytime the snow flew to catch first tracks on Squaw Valley’s KT22 ski run. Being the son of three generations of physicians sounded like a stable future, but I had doubts. I had numerous friends recently graduated, and during the fall had canvassed them all with a simple question: “Are you happy?”

So one afternoon I dusted off the only suit I owned and drove to San Francisco to meet with a friend who had convinced me to attend one of the Project Management Institute’s monthly chapter dinners. He worked as a project controls engineer for a large engineering, procurement, and construction company based in San Francisco. “I love what I do” is what he said over the phone, “and the projects are tangible things that literally change the face of the planet.” The evening’s panel of contractors was working on the expansion of the San Francisco International Airport. As each participant shared their story, I became impressed by the complexity of the project, the coordination required, and the results achieved. By the time dinner rolled around I leaned over and whispered, “You’re right, this is pretty cool.”

On my way home, I decided I was going to find and enroll in a class that could teach me more about Oracle’s Primavera P3.I found a course and discovered that the area of project controls was a discipline that attracted me. What the technology let me do was intoxicating and I have been an enthusiast ever since.

The organization, the tracking, the ability to make sense out of masses of information— it was such powerful technology! It allowed me to keep my finger on the pulse of very complex activities. For more than 15 years I have worked with and enjoyed the technology that Dick Faris and Joel Koppelman, co-founders of Primavera Systems, Inc., helped build. I work with a large group of project controls devotees who continue to develop new and innovative ways for technology to help conceive, plan, visualize, execute, value, control, and deliver engineering and construction infrastructure across the world.

With Oracle’s recent acquisition of Skire’s Unifier product, the company has the capabilities that will help it develop an integrated and comprehensive cost and scheduling solution for engineering and construction.

I am often asked about Oracle’s strategy for the engineering and construction industry, and I answer with three principles that guide its strategy and offer a glimpse into the product development culture of the Oracle Primavera product family—commitment, focus, discipline.

Commitment. Oracle is committed to its customers, the engineering and construction industry, and to creating top-quality products

Focus. Oracle is focused on industry needs, value, and integrated solutions

Discipline. Oracle believes in empowering people with the right technology to support the discipline of project controls

Oracle is committed to supporting and enhancing its current products as well as to developing a new, market-leading, best-in-class solution. Let’s go build something together.

Sincerely,

Garrett E. Harley

Director, Engineering & Construction Strategy

Oracle Primavera


This content is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, and timing of any features or functionality described for Oracle’s products remains at the sole discretion of Oracle.

Thursday Jan 03, 2013

Primavera Unifier Webcast Series- Launching 16th January 2013

Register today for the 5-part Primavera Unifier Webcast Series:

  • Part 1 Automated Capital Planning with Primavera Unifier – 16th January 2013

Discover how you can manage all of your capital portfolios with full top-down and bottom-up visibility    

  • Part 2 Comprehensive Cost Control with Primavera Unifier – 6th February 2013

Discover how you can manage all costs throughout the project lifecycle in one tool        

  • Part 3 Project Delivery Management with Primavera Unifier – 27th February 2013

Gain unparalleled workflow and task management capabilities for the entire team, in one single, easy-to-deploy SaaS or on-premise solution.     

  • Part 4 Centralized Facilities Management with Primavera Unifier – 20th March 2013

Discover the centralized lifecycle system for projects and facilities management 

  •   Part 5 Real Estate Management with Primavera Unifier  - 10th April 2013

Learn how you can achieve fully automated business processes for lease requests, transaction management and planning approvals


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