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.

Thursday May 03, 2012

Hill International Streamlines Forecasting, Improves Visibility into Project Productivity and Profitability

Hill International, with 3,200 employees in 110 offices worldwide, provides program, project, and construction management, as well as construction claims and consulting services. Engineering News-Record magazine recently ranked Hill as the eighth-largest construction management firm in the United States. In addition, Hill was a winner of Oracle’s 2011 Eco- Enterprise Awards.

Hill’s mission is to be the very best professional services firms in the world, helping its clients minimize the risks inherent in the construction process. Hill’s experience and expertise helps its clients deliver their projects on time, within budget, and with the highest quality possible.


As Hill manages numerous large construction projects, totaling US$2 to US$3 billion each year, the company needed to streamline business processes by implementing an integrated project management platform. It also needed to replace its Excel-based financial reporting system with a comprehensive tool that provides project-level detail and consolidates forecasts for multiple projects worldwide. The company implemented Oracle’s Primavera P6 Enterprise Project Portfolio Management, Primavera Contract Management, and Primavera Risk Analysis for a centralized, Web-based system that improved visibility into project status worldwide and streamlined project planning and scheduling, ultimately reducing planning cycle time by 66%. Hill also implemented Oracle Hyperion Financial Management to standardize financial reporting and forecasting processes and support decision-making. With Oracle, Hill gained visibility into the true productivity of each project and cut the financial reporting cycle time from two weeks to one. The company also used the data generated to support new construction project proposals and determine the profitability of potential projects.

A word from Hill International

  • “Oracle Hyperion and Primavera applications provide us with project delivery transparency, which allows us to replicate successful processes, market our success metrics to our clients, and win over contractors and subcontractors to a new way of collaborating and delivering projects.” – Shawn Pressley, Vice President of Project Management Systems, Hill International
To find out more information about this case study, please click here.

Thursday Apr 19, 2012

Take the Uncertainty Out of Your Project Management

Written by Guest Blogger Saj Yaqub, Sales Consultant, Oracle Primavera and Subject Matter Expert for Primavera Risk Management

 These days, almost every element of business is project-driven. But what happens when the inevitable strikes: key projects threaten to become delayed or derailed?

If your company is not using a formal process for managing risk throughout your project portfolio, then the impact on your business is potentially high.

All projects carry risk, either inherently within the project or from external factors that can have a significant impact. For example, impacts can be on reputation, safety, and from a more quantitative perspective, cost and time. They key benefit is to understand the potential impact as early as possible, so that any appropriate response strategies can be implemented. Additionally, the right balance of contingency should reflect the risk exposure that is present. All too typical you see a more ‘gut feeling’ approach, with a 20% contingency added in.

If a robust process is in place, and simple and robust tools are there underpinning that process, then the people in the organization can spend more time on their primary responsibilities rather than managing tools. Too often though, there is a common practice of having disparate tools like spreadsheets that provide a disconnected environment-important data is collected, but not made easily available to the right people. Having a central repository where all relevant risks are housed along with all the project information is a good start. Now executives can see a rolled up view of project information and project level folks can see a more tactical view of project performance all at the same time.

Oracle Primavera provides a platform where project risks are captured in one place for all projects in the portfolio and tools for evaluating risk scenarios and developing response plans.

If you are interested in learning more on this subject, please join me on April 25 at 1:00 p.m. ET for a more in-depth presentation and discussion, a live Webcast, Take the Uncertainty Out of Your Project Management.

Register Here

Sunday Jan 29, 2012

Financial Services Industry Study Finds Swift Action and Proactive Approach Is Key to Reducing Project Risks

Volatile markets, weak customer demand, and heightened regulatory scrutiny require financial services firms to flawlessly manage project portfolios to minimize risk. Those that identify failure early in the project development process and respond to problems as they arise can invest in higher-risk initiatives without threatening their bottom lines or their reputations.

Those are some of the key conclusions in Preemptive Action: Mitigating Project Portfolio Risks in the Financial Services Industry, a research report created by the Economist Intelligence Unit and sponsored by Oracle.

“[When] firms understand how to identify and deal with indicators of failure early in the planning process, they can safely invest in higher-risk initiatives, such as launching new products and acquiring other firms, without putting their reputations or bottom lines in jeopardy,” the report explains.

The report further explains that this proactive approach, which requires both a rigorous project management practice and intrepid executives willing to make difficult decisions, is unusual in the industry. Where it exists, it allows companies to mitigate project risks and use resources more effectively to propel growth. In its absence, companies become more risk-averse, focusing on low-risk projects that merely protect assets and meet regulatory requirements.

A discussion of the report and its key findings are the focus of a new Oracle Webcast now available on demand. In this Webcast, the benefits and impact of using the right project portfolio management solution is also discussed as a key factor in successfully managing the project portfolio and achieving success.

Success Factors and Other Findings

A primary conclusion of the report is that financial services companies that excel in executing projects, especially those that involve regulatory compliance, can gain a competitive edge by embracing opportunities unavailable to peers with a constrained appetite for risk.

Other key findings of the study include

  • Managing must-do regulatory projects requires a balance between flexibility and adherence to process
  • Processes are not sufficient in identifying signs of failure and finding solutions—effective communication and collaboration are crucial.
  • Many companies fail to reassess risks throughout the project lifecycle—assess risks during planning and at project milestones
The full report is available for download.

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