With Primavera applications, oil and gas companies can get a quick overview of project risk based on simulation and modeling. They can then use this information to predict outcomes, mitigate risks, and quickly incorporate project changes in response to identified risks. Reduce project complexity. Interactive project summaries and dashboards enable users to quickly access and react to budget information, resource allocations, and project status.
Control and manage project portfolios. With a Primavera project management solution in place, oil and gas companies can obtain up-to-the-minute project performance data across all business units and regions.
Manage project change. Primavera applications make it easy to identify project issues and then make changes on the fly to resolve them. Maximize resources. By providing clear visibility into all projects, Primavera project management applications help oil and gas companies improve resource planning and utilization.
With a Primavera solution in place, organizations can proactively track resource demand, address staffing requirements, and view available resources for common skill sets. They can also capitalize on resource constraints by better planning resource usage across all projects. Improve collaboration. With a Primavera software solution, all project participants can review, manage, and approve project schedules—critical for successful project execution.
With user-level security, project members, including contractors, can see and update only their own information. Implement earned value management EVM. Oil and gas companies can use Primavera applications to track contractor progress by monitoring critical earned-value metrics. They can also use Primavera software to provide contractors with direct access to schedules for timely and accurate project updates and to create standard and custom EVM-compliant reporting.
Control contracts and documents. Providing a complete collaborative contract and document control system, the Primavera application makes it easy to track changes and maintain accountability across the project team. It also enables organizations to monitor vendor performance, surety status, and payment requests through contract status and summary. The software provides real-time updates on approved changes, pending changes, and outstanding contract balances to ensure that organizations are in full control of obligations.
Benefits Plan, schedule, and control large-scale programs and individual projects. Select the right strategic mix of projects. Balance resource capacity. Allocate best resources and track progress. Monitor and visualize project performance versus plan. Foster team collaboration. Integrate with financial management and human capital management systems.
Benefits Balance resource capacity. Plan, schedule, and control complex projects. Conduct what-if analysis and analyze alternative project plans. Benefits Identify common scheduling pitfalls that may result in misleading schedule or risk analysis results. Integrate predeveloped risk registers and define new risk registers. Address full lifecycle risk management through advanced Monte Carlo-based cost and schedule analytics.
Report confidence levels with regards to finish dates, costs, float, internal rate of return and net present value. Benefits Select, prioritize, and align initiatives to achieve objectives. Understand the impact of changing or adding initiatives to portfolios. Benefits Calculate project costs using the direct and indirect costs per resource.
Determine if a project is ahead of schedule, behind schedule, over budget, or under budget by analyzing the earned value KPIs.
Track the variances between what was budgeted and how the project is being executed. Quickly identify potential performance issues. Effectively course-correct problems throughout the project lifecycle. Ultimately help you make better project portfolio decisions. Ready to learn more about Oracle Primavera? About CDP. Spectrum Construction Management. Oracle Primavera. Please submit your requirement below and we will get in touch with you shortly.!
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