Tuesday Mar 25, 2014

Delivering Consistent Project and Portfolio Management Success

As the business impact of project portfolios grows, organizations worldwide are challenged to deliver operational excellence, maintain financial discipline, and mitigate risks.
Watch a series of short videos from the Economist Intelligence Unit (EIU)
, and download EIU reports to get unique insights into how enterprise project portfolio management (EPPM) can help. Listen to senior executives at global organizations as they discuss how to plan, resource, execute, and assess projects—and what to do if things go wrong. 

Listen to the following experts:

  • Wells Fargo, Vice President of Project Management Office Manager

  • NASA, Chief Knowledge Officer

  • Conoco-Phillips, Senior Vice President of Project Development and Procurement

  • DuPont Vice, President of Corporate Supply Chains and Central Competency

  • US Department of Energy’s Office of Project Management and Evaluation

  • Fluor Corporation, Senior Vice President

  • CH2M Hill, Senior Vice President and Programme Manager

  • American Water Company, Vice President of Operations

  • Voltaix, LLC - Executive Vice President of Operations and Technology

  • Gates Corporation, President and COO

Monday Aug 12, 2013

Live Webcast Series Part III: Parkland Hospital's Multi Initiative PPM Successes - Aug.28


The largest public construction project in America is Dallas County’s New Parkland Hospital and Campus. The project has redefined public health care with a LEED Silver facility that will provide more patient-centered care in a second to none healing environment. The changing nature of healthcare infrastructure required them to manage this program differently.

By implementing Oracle’s Primavera P6 Enterprise Project Portfolio Management, Parkland was able to:

  • Improve their ability to coordinate both internally and externally
  • Control costs, schedules, and documentation
  • Gain the transparency of compliance that providers need for asset lifecycle support

Shelly Sipes and Garrett Harley will discuss how Parkland Hospital resolved their challenges by implementing Oracle Primavera EPPM, and not only applied it to their needs around engineering and construction, but is now extending the Oracle Primavera platform to support a multi-initiative PPM across the business.


August 28, 2013 at 10:00 AM PDT
Register Here

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.

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.

Monday Jun 24, 2013

Uralelektrostroy Improves Turnaround Times for Engineering and Construction Projects by Approximately 50% with Better Project Data Management

LLC Uralelektrostroy was established in 1998, to meet the growing demand for reliable energy supply, which included the deployment and operation of a modern power grid system for Russia’s booming economy and industrial sector. To rise to the challenge, the country required a company with a strong reputation and the ability to strategically operate energy production and distribution facilities. As a renowned energy expert, Uralelektrostroy successfully embarked on the mission—focusing on the design, construction, and operation of power grids, transmission lines, and generation facilities. Today, Uralelektrostroy leads the Russian utilities industry with operations across the country, particularly in the Ural, Western Siberia, and Moscow regions.

Challenges:

  • Track work progress through all engineering project development stages with ease—from planning and start-up operations, to onsite construction and quality assurance—to enhance visibility into complex projects, such as power grid and power-transmission-line construction

  • Implement and execute engineering projects faster—for example, designing and building power generation and distribution facilities—by better monitoring numerous local subcontractors

  • Improve alignment of project schedules with project owners’ requirements—awarding federal and regional authorities—to avoid incurring fines for missing deadlines

Solutions:

  • Used Oracle’s Primavera P6 Enterprise Project Portfolio Management 8.1 to streamline communication with customers and subcontractors through better data management and harmonized reporting, reducing construction project implementation and turnaround times by approximately 50%, on average

  • Enabled fast generation of work-in-progress reports that track project schedules, budgets, materials, and staffing—from approval and material procurement, to construction and delivery

  • Reduced the number of construction sites by nearly 30% (from 35 to 25) by identifying unprofitable sites—streamlining operations at the company’s construction site network and increasing profitability

  • Improved project visibility by enabling managers to efficiently track project status, ensuring on-time reporting and punctual project deliveries to federal customers to reduce delay penalties to zero

“Oracle’s Primavera P6 Enterprise Project Portfolio Management 8.1 drastically changed the way we run our business. We’ve reduced the number of redundant assets, streamlined project implementation and execution, and improved collaboration with our customers and contractors. Overall, the Oracle deployment helped to increase our profitability.” – Roman Aleksandrovich Naumenko, Head of Information Technology, LLC Uralelektrostroy

Read the complete customer snapshot here.

Monday Jun 10, 2013

Oracle’s Vision for Project Management at the 2013 Oracle Primavera Virtual Summit

The 4th Annual Primavera Virtual Summit kicks off this Thursday, June 13 and will provide an exclusive insight into the industry-leading solutions designed to increase visibility and improve project performance.

For organizations that simultaneously undertake many large, complex projects, having accurate, real-time insight into performance and the ability to identify and mitigate risk is an integral part of driving success. To achieve this, many are turning to Enterprise Project Portfolio Management (EPPM) solutions.

During this one-day global event, attendees will get a chance to see how Primavera P6 EPPM and Primavera P6 Analytics 3.1 provide leading organizations with the visibility needed to help plan and execute projects more successfully.

Oracle’s 4th Annual Primavera Virtual Summit: Enabling Financial Discipline, Operational Excellence and Risk Mitigation, will be available on demand for a limited time after the event. Project managers in attendance will have the opportunity to earn Professional Development Units.

Monday Jun 03, 2013

Western University of Canada Controls Capital Projects with Oracle Apps

Western University of Canada was able to improve its capital project management practices & lower their IT costs with the implementation of Oracle Primavera solutions and Oracle PeopleSoft. Discover why they are a success story and how they were able to free up cash for re-investment in facilities and research for its 35,000 students and faculty.

Watch the video today!

 

Friday May 24, 2013

Oracle Primavera Showcases the Latest PPM Acquisitions at the 2013 Virtual Summit

At this year’s 4th Annual Primavera Virtual Summit, attendees will get the chance to learn about Oracle’s most recent Enterprise Project Portfolio Management (EPPM) acquisitions –including leading cloud based solutions Oracle Instantis and Primavera Unifier.

During this one-day, global event, Project Management Professionals in attendance will get detailed insight into how Primavera Unifier can help optimize and integrate business processes critical to project management.

They will also discover how Oracle Instantis can help organizations run multiple initiatives simultaneously, improve strategic alignment, and enhance project execution and gain financial discipline.

The 2013 Oracle Primavera Virtual Summit: Enabling Financial Discipline, Operational Excellence and Risk Mitigation, takes place on Thursday, June 13th and will be available on demand for a limited time afterwards. Project Managers in attendance will earn Professional Development Units throughout the event.

Want more information and to view the full agenda.

Register here for the virtual event.

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!

Friday May 03, 2013

Oracle Instantis Complements and Expands EPPM Solutions

Late last year, Oracle announced its purchase of Instantis, a leading provider of cloud-based and on-premises project portfolio management solutions. Wayne Caccamo, a former Instantis executive and now part of Oracle’s Primavera team, discusses what the acquisition means for users of Oracle solutions for enterprise project portfolio management (EPPM).

Q: What new capabilities does the Instantis acquisition bring to Oracle’s already extensive portfolio of EPPM solutions?
A: Oracle’s Instantis EnterpriseTrack offers a number of complementary solutions and capabilities for the Oracle portfolio. At a high level, Instantis EnterpriseTrack brings top-down strategy execution and portfolio management capabilities to resource-constrained PPM environments. At the same time, Primavera P6 Enterprise Project Portfolio Management and Primavera Unifier provide robust bottom-up project-planning capabilities for schedule-constrained PPM use cases.

As such, Oracle’s Instantis product line has established market leadership in relatively lighter-weight project environments, such as IT; new product development; and process improvement. This, of course, complements Oracle’s traditional strengths in the capital planning, maintenance, and manufacturing environments that are prevalent in asset-intensive industries. This combination results in the most comprehensive single-vendor EPPM solution offering in the industry.

Q: Can current users of Primavera P6 and Oracle Fusion Applications integrate Oracle’s Instantis solutions into their existing platforms now?
A: Instantis EnterpriseTrack can integrate with Primavera P6, Oracle Fusion Applications, and other solutions through existing Web service APIs. More packaged integrations are on the product development roadmap. The vision is to move from the current, single-vendor EPPM solution to a single-platform EPPM solution by leveraging common cloud-service and Oracle components. At that point there will be a single, converged EPPM services layer for portfolio management, analytics, strategy alignment, and global resource and capacity management. However, there will continue to be a number of PPM-environment-specific configuration options to preserve cultural acceptability for each distinct user community in areas such as idea and demand management, project scheduling, financial modeling, and metrics tracking.

Q: What is the value of cloud computing to users of EPPM applications?
A: Often, cloud-based EPPM solutions are easier to deploy, use, administer, and afford. For example, deployment timeframes for Instantis EnterpriseTrack can be measured in days, not months. Oracle’s Instantis solutions are 100-percent Web based, which means they are easier to use since they are always on—anytime, anywhere—making it simple to support a remote and mobile workforce.

Q: Can EPPM users expect to see future upgrades and innovations to Oracle’s Instantis solutions?
A: Before being acquired by Oracle, Instantis built a 12-year track record of industry firsts and has been recognized by leading industry analysts as being innovative and visionary. With the additional resources being brought to bear under Oracle, it is expected that the rate of innovation will accelerate over time. Oracle is committed to continuous innovation in areas such as dashboards, reporting and analytics, user experience, and social/mobile PPM.

Read the full version of the EPPM Quarterly Newsletter here

Tuesday Apr 30, 2013

Oracle Announces Three Important Enhancements to Its Enterprise Project Portfolio Management Portfolio

Oracle recently made a series of new product introductions in its lineup of solutions for enterprise project portfolio management (EPPM). Included are expanded versions of Oracle’s Primavera P6 Enterprise Project Portfolio Management 8.3 and Primavera P6 Analytics 3.1.

Oracle also introduced a new product, Primavera Gateway 1.0, a new integration platform that connects Primavera P6 Enterprise Project Portfolio Management with other enterprise applications to improve and streamline project planning and execution.

“Enterprises in asset-intensive industries often mention the need to have integration between Primavera P6 and their enterprise resource planning system,” says Kate McGettigan, principal product manager, Oracle’s Primavera. “Without this integration they have limited project-level collaboration between disciplines and across sites. This leads to an inability to effectively manage the project work within and across different business units and assets. This may also lead to delayed or ineffective decision making.”

Read the full article here

Wednesday Apr 17, 2013

Now Out: EPPM Information InDepth Newsletter - April Edition

Click here today to read the EPPM Information InDepth Newsletter, April edition.

In this April edition:

  • Watch the new Primavera Standardized Risk Management Solutions 3-minute demo.
  • Read about what are the five globalization risks and how to manage them.
  • Learn about Oracle Instantis, Primavera’s new cloud-based solution.
  • Take the opportunity to register for Oracle’s 4th Annual Primavera Virtual Summit and learn about industry specific PPM best practices and network with peers and EPPM experts.

Don’t miss reading this quarterly newsletter and stay up-to-date on topics such as:

  • Highlighted Oracle Primavera news articles;
  • Watch our featured videos and ON-Demand webcasts;
  • Discover and mark your calendars with upcoming Oracle Primavera webcasts and events;
  • Read our newest datasheets, white papers and customer success stories;
  • And discover much, much more just by clicking here
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