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


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