PORTFOLIO MANAGEMENT
Oracle Portfolio Cloud provides a portfolio-based view of project information, including the proposed project pipeline, estimated budgets, capital spend, and fund allocation requirements. Portfolio managers can evaluate scenarios and arrive at an optimal plan to allocate financial budgets and other resources across multiple projects that are in-line with strategic goals. In addition, users can monitor portfolio health, track performance, and balance portfolios via alignment with corporate strategic goals.
Oracle Portfolio Cloud portfolio management capability provides comprehensive, long-range tools for capital planning and budget approval across project portfolios. Configurable performance scorecards monitor the lifecycle of portfolios based on key metrics and enables portfolio planners, executives, stakeholders, and project managers to propose, inventory, prioritize, and select projects in a collaborative fashion and take corrective action when necessary.
SCHEDULE MANAGEMENT
Project planning and scheduling are key elements of effective project management. A well-developed project schedule allows project managers to manage project milestones, deliverables, and timelines effectively.
Primavera Schedule is a cloud-based solution that is integrated with other Oracle Primavera Cloud modules to provide a complete project management solution.
Interactive Gantt charts allow planners, schedulers, and project managers to communicate a more accurate and complete graphical representation of a project’s schedule in real time. The system also enables users to track project scope and resource assignment and proactively perform resource and role leveling.
RESOURCE MANAGEMENT
Oracle Primavera Schedule Cloud Service allows project managers to manage hierarchy-based resources and roles per project. Organizations also can choose to manage these roles and resources at an enterprise level and allow project managers to utilize them on need basis at project level.
Resources and roles can be assigned to activities as part of resource assignment capabilities, allowing project managers to resource load the project schedule.
Resource Analysis can be performed to determine over and underutilization of both resources and roles. Visual representation of resource and role assignment analysis in the form of histograms will allow project managers to determine where resources are under or over utilized.Leveling can be performed on resource assignment to balance out resource or role assignment to minimize over or under utilization.
RISK MANAGEMENT
Risk Management provides the necessary tools that allow project professionals to manage risk easily and successfully.
Features include:
- Risk register to view and prioritize project risk.
- Tools to define risk thresholds and scoring matrices for qualitative analysis.
- Monte Carlo analysis on schedule data by incorporating risk data.
- Curves showing expected time and cost outcomes and the probability of achieving each one.
- Risk response plans to address project risks and establish post-response scenarios.
- Out-of-the-box bi-directional integration with Primavera P6 EPPM leveraging Primavera Gateway to provide schedule risk analysis.
- Risk Removal Impact analysis to identify key risk event that’s preventing their schedules from performing as expected.
- Mean Impact Risk analysis to determine risk and activities that have greatest impact.
- The risk sensitivity data is displayed for the project cost and finish date including viewing options for the sensitivity results.
LEAN TASK MANAGEMENT
The Oracle Primavera Lean Cloud’s Task Management capability provides a set of tools to improve the detailed coordination, planning, and execution of work between planners, supervisors, and field workers. The tool enables field workers to decide the best way to execute their work with maximum efficiency and minimal waste.
The Work Plan interface allows planners, supervisors, and field workers to easily define, plan, and sequence their work according to the near-term objectives defined by the project schedule. LastPlanners® create tasks in the hopper for each activity in the planning period. Tasks are then dragged to the weekly planning board or future weekly bucket, using the project schedule’s activities as a reference.
During the planning cycle, tasks can be dragged and placed on planning board. Drag a task to different weekly bucket. Commit to perform a task on a specific due date. Complete a task that is done. Recommit a task that is not done. Provide reasons for not completing a task as committed. Finally, monitor weekly planned percent complete and reasons metrics in dashboard.
cost managment
Cost management allows project managers and key stakeholders to capture budget, perform forecast analysis, and predict impending expenses to help reduce the chance of going over budget. Oracle Primavera Schedule Cloud Service allows project managers to manage the most basic to complex cost management scenarios with ease.
Oracle Primavera Schedule utilizes a spreadsheet-like interface to manage project budget, budget changes, and transfers. It also interacts with various project elements to provide a single location for managing project cost, including forecast information.
Cost management is an integral part of Oracle Primavera Cloud, delivering functional capabilities that form the backbone of strong project controls.
SCOPE MANAGEMENT
Project managers need a set of tools to effectively manage the entire scope of work required to deliver a product or service. Oracle Primavera Schedule Cloud Service allows project managers and schedulers to effectively and cohesively plan and manage all aspects of scope during a project’s lifecycle, including equipment deployment, cable and line installation , and project documentation—from a single platform. It also enables other stakeholders to monitor project deliverables from the same solution.
The solution supports various progress measurement techniques, such as physical percent complete and rules of credit, to measure scope progress. In addition, users can assign quantity-based progress metrics to individual scope to capture progress percent complete.
MOBILE OFFERINGS
Oracle Primavera Cloud’s mobile suite connects progress made on the jobsite to those managing the project while providing executives and portfolio managers the tools they need on the go.
With targeted, purpose-built native mobile applications, users enjoy powerful functionality with easy-to-use interfaces. Real-time data and alerts improve processes while allowing users to access information without internet connectivity.
Oracle Primavera Portfolios for iOS
While away from the office, executives and portfolio managers use this app to monitor the health and performance of project portfolios. It supports access to KPIs without internet connectivity. Users also can collaborate with team members with the discussions tool.
Oracle Primavera Progress for iOS & Android
Field workers have a lot going on, and communication has been a challenge in the past. With Oracle Primavera Progress for both iOS and Android, monitoring progress made on the job site has never been easier! Now, when a task is completed or resolved, those performing the actions can update the record, snap photos to show completed work, and send updates immediately to the project team.
FILE MANAGEMENT
Oracle Primavera Cloud includes robust file management functionality. Whether a high-level basis-of-design documents or detailed specifications, all documentation utilizes tight permission controls to manage access across the enterprise. Features include check-in and check-out, version control, and full text search for 500+ document types.
Built-in document viewing technology allows users to view most document types without the need to install a native application, reducing costs and complexity. Social features, including Discussions and Share functionality, enable users to review files and have greater context for more informed decision-making.
File management capabilities eliminate document duplication and allows users to link existing project files to activities, scope, field, cost, and submittals to ensure the most up-to-date and accurate information.