Power, Energy and Process
Improve forecasting. Control costs and resources. Institutionalize best practices. And consistently hit your objectives.
Plant profitability depends on successful capital engineering and maintenance projects/work. However, staying on schedule and within budget is a constant battle due to a number of challenges facing your industry.
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- Lack of Timely Information: Plant managers understand how a lack of timely information makes it difficult to identify risks early enough to act on them. This can lead directly to shutdowns, lost productivity and logistics problems, and jeopardize contractual obligations. Delays become unavoidable, costing up to six or even seven figures per day.
- Containing Project Costs: To keep projects on or under budget, effective interdepartmental collaboration is required --yet most organizations are simply not structured to facilitate cross-functional project communication. Often, different departments involved on the same project do not even work from the same project schedule. Department information silos can result in millions of dollars and weeks of literally unforeseen overruns.
- Lack of Integrated Resource, Scheduling and Cost Forecasting: The lack of an integrated, complete project technology solution usually exacerbates information problems, making accurate resource, scheduling and cost forecasting difficult, if not impossible --with the resulting negative implications for budgets and schedules.
- Again Workforce and Knowledge Retention: Meanwhile, a growing number of veteran personnel are reaching retirement, and the lack of a centralized knowledge base will have far reaching implications. New recruits simply lack experienced personnel's collective knowledge and expertise in best practices, slowing project progress and increasing resource costs.
- One solution.
Only Primavera provides a fully integrated solution to help you successfully meet all of these challenges. Primavera centralizes and prioritizes all information related to a project, provides powerful automated functions that streamline processes and creates a collaborative interface to communicate developments across departments, You get the project visibility and management tools you need to improve resource, cost and schedule forecasting, better manage staff and improve project success rates. You'll minimize the risk of unforeseen costs with powerful analytics that let you plan ahead to adjust for possible changes --even when they invariably come late in the project timeline.
Project portfolio management is about aligning project and investments with business priorities. It is about insight into the status and delivery of programs & projects that enable your business strategy. Its not enough to “do things right”, you must “do the right things”.
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As the Project Management Office, you struggle to standardize project management practices and facilitate IT project portfolio management. In addition, your efforts help the company comply more easily with Sarbanes-Oxley and the increasing number of other regulations.
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As a Resource/Functional Manager, it is your job to manage the intellectual capital of the organization. You need to understand intimately how available resources are actually being used, so that you can confidently match the right resource to the right work. You can then provide a reliable estimate of needed resources and resulting cost associated with internal and outsourced resource use.
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As the Program Manager, you have the greatest responsibility – day to day achievement of major program objectives. Reporting to the Senior Executive, you have the responsibility of monitoring all of the project work happening in order to deliver on time and within budget. But, the same problems seem to occur again and again.
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By using supplemental staffing, companies can be assured of thoroughly screened and experienced professionals without expensive recruiting and staffing costs. This allows companies to focus on the project at hand, and not the administrative burden of hiring employees.
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