With government standards and securities laws increasing the pressure to adopt stringent cost and earned value standards, many organizations now recognize the need to incorporate comprehensive cost management and earned value capabilities into their project portfolio management systems.
By aligning and combining project performance data from cost and schedule systems, adding complex burdening rates, and tracking committed costs, these organizations are able to generate statistically-accurate estimates at completion they need to understand and communicate project performance while there is still time to address issues. Primavera Earned Value Management adds extensive cost management and earned value capabilities, helping organizations better manage project costs, measure earned value, and analyze budget, actual, forecast, and performed costs.
Oracle Primavera Cost Management is ideal for organizations facing increased pressure to maintain control and measure performance of their entire project portfolio. Without a comprehensive earned value module, troubled projects can spiral out of control before anyone even recognizes a problem.
To talk with us more about implementing this product for your business, contact us today.