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By: John Brasuell

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March 4th, 2016

Project Management Solutions Using Oracle Primavera P6

shutterstock_292454480Oracle Primavera P6 stands out as one of the most easily recognized and useful tools in effective project management. However, many project management professionals tend to think of Primavera P6 as a scheduling-only tool.

Yet, the applications of Primavera P6 extend beyond the typical, “when-to-get-to-work” schedule. Specifically, Oracle Primavera P6 provides solutions to the four, most common project management processes.

Primavera P6 Is a Solution to Comprehensive Risk and Opportunity Management

Risk and opportunity management represents the greatest challenge in effective project management. Anything could go wrong, but certain conditions could give a project the greatest chance to rise above the client’s expectations.

Oracle Primavera P6 helps project managers conduct initial and recurring risk and opportunity analysis within the schedule. This further helps project managers identify when risks may occur and how drastically these risks may impact the project’s schedule and baseline.

Primavera P6 Contains Extensive Scheduling Capabilities

Oracle Primavera P6 allows project managers to schedule up to 100,000 activities or tasks for non-enterprise applications within the system. Furthermore, Primavera P6 includes an array of scheduling alerts and reporting tools to ensure the schedule is filled in appropriately. As a result, project managers can help keep the project on schedule and within budget.

Primavera P6 Provides Effective Resource Management

The project schedule is made up of resources, budget values, and labor assignments. Within Primavera P6, project managers can closely monitor the usage of resources and generate forecasts of changes in resource availability.

Furthermore, Primavera P6 helps project managers identify what other resources may be diverted to keep the project on track, and visualization tools within the program transform raw data into easily understandable and shareable graphics. This encourages involvement and engagement in a project throughout the project management team, employees, and upper-level management.

Contract Management Is Made Easier With Primavera P6

Similar to Oracle Primavera P6 Professional, Oracle Primavera P6 Enterprise Project Portfolio Management (EPPM) allows large-scale organizations to maintain control over thousands of tasks across many hundreds of projects or programs. When a new project closely mirrors a previous project, project managers can copy information from the Oracle database in seconds.

This hastens project planning and improves the accuracy of the schedule. Essentially, the scheduling capabilities of Oracle Primavera P6 are well-suited for use in nearly every industry. However, Primavera P6 Professional may still be used to manage multiple contracts for non-enterprise applications, such as small to medium-sized construction companies.

Oracle Primavera P6 remains one of the most comprehensive solutions to effective project management. From risk analysis to contract management, this software is designed to improve project outcomes, improve accountability and accuracy in the schedule, and avoid unnecessary delays in project management.

Key Primavera P6 Solutions

  • Oracle Primavera P6 allows project management teams to perform risk analysis on an ongoing basis.
  • Project managers can schedule thousands of tasks and assign different relationships to these tasks in the software.
  • Project management professionals can manage multiple contracts within Primavera P6.
  • Primavera P6 simplifies resource management by aggregating data from across the entire schedule to ensure the project’s resource needs are met.

Oracle Primavera P6 Rockstar

Resources: www.oracle.comwww.oracle.comwww.oracle.comwww.pinnaclemanagement.com