discover the latest release of oracle’s prime · • rollup actual cost information to project...

Copyright © 2016, Oracle and/or its affiliates. All rights reserved. |

Discover the Latest Release of Oracle’s Prime

Harish Bhagavatula Director, Product Strategy Construction and Engineering Global Business Unit Oct, 2016


Safe Harbor Statement

The following is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, and timing of any features or functionality described for Oracle’s products remains at the sole discretion of Oracle.

3


Program Agenda

What’s New – Prime 16.2

Q&A

1

2

4

Copyright © 2016, Oracle and/or its affiliates. All rights reserved. | 5

Solution: • Enables strategic alignment of projects in

portfolio bases on a hierarchical tree of corporate strategies.

• Weighting options between strategies to compute corporate alignment.

• Measures can be associated to strategies to enable time-bound trending of the progress towards the strategic goals.

Business Use Case: • Enable stakeholders with tools that will provide

visibility into proposed projects and how they are aligned with overall corporate strategy.

Prime Portfolios Cloud Service: Strategic Alignment

Copyright © 2016, Oracle and/or its affiliates. All rights reserved. | 6 6

2

1. Manually create a strategy hierarchy. 2. Configure business drivers and weight

against each strategy. 3. Align Projects to the strategy. 4. Determine what percentage a project is

aligned to a strategy. 5. Align projects to one or more strategies.

1

3

4

5

Strategies and Business Drivers


1. Measures that are linked to a strategy. 2. Trending of Target value vs Actual value

for a given measure.

1

2

Strategy and Measure to Track Actual and Target Values


Solution: • Enable organizations with configurable evaluation

matrix that can be utilized to evaluate projects based on configurable business criteria.

• Prioritization matrix that allows planners to view/edit project criteria and use an investor map to graphically view the scores of projects.

• Investor maps to visualize and analyze projects based on key performance data.

Business Use Case: • Standardized evaluation and prioritization of

proposed and active projects across portfolios. • Optimal budget distribution between different

project needs.

Prime Portfolios Cloud Service: Project Prioritization

Copyright © 2016, Oracle and/or its affiliates. All rights reserved. | Oracle Confidential – Internal/Restricted/Highly Restricted 9

Evaluation by Prioritization Matrix and Investor Map

1. Prioritization matrix for comparison and updates across the portfolio.

2. The evaluation score and categories scores are available for use in this view.

3. The Investor Map allows display of all projects in the portfolio graphically in a bubble chart.

1

2 3


Add Score to a Project

1. Navigate to the Evaluation page of a project. 2. Score the project by entering a value for each

category.

1

2


Prime Portfolios Cloud Service: Resource Capacity Planning

Solution: • Compare role demand between projects that

reside within a common portfolio. • Role demand created by the project manager

based on hours or FTE. • Capacity Planning to display the role demands

from the projects in the portfolio. • Commitment of allocation along with indicators to

show over/under allocation for each project.

Business Case: • Organizations need an enterprise tool that allows

Portfolio Planner and Resource Manager to have visibility into resource utilization between different project in a portfolio for optimum capacity planning.


Capacity Planning and Project Level Demand

1. Role level information on the capacity planning page.

2. Allocation, Demand and Over/Under information per role.

3. Commit allocated resource information across multiple roles and projects.

4. Commit Plan window that allows planner to commit allocation based on a range.

5. Demand by role at project level.

1

2

3

4

5


Prime Projects Cloud Service: Work Management - Tasks

Solution: • Split Critical Path Schedule (Activities) and Short-

Interval Schedule (Tasks). • Utilize Lean Scheduling principles to manage

Short-Interval Schedule. • Engage entire project team in defining and

sequencing Tasks to support much smaller Critical Path Schedules.

Business Case: • Critical Path Schedules today are

10 times larger than 25 years ago, yet construction productivity has decreased.

• Resequencing activities/relationships is tedious, time consuming and costly.


Work Management: Tasks > Work Plan 1. Create a Task under an Activity in the

Hopper. 2. Drag a Task from the Hopper to a

specific day on the Planning Board. 3. Drag a future Task to a different

weekly Bucket. 4. Commit to performing a Task on the

specified Due Date. 5. Complete a Task that is done. 6. Recommit to Tasks that are not done. 7. Provide Reasons for not completing a

Task as Committed. 8. Use Quick Filters to easily focus on

applicable subsets. 9. Monitor weekly Planned Percent

Complete and Reasons metrics in Dashboards (not shown).

Work Plan makes weekly planning and monitoring simple.

1

5

4

8

2

3

6

7


Solution: • Based on Monte Carlo risk analysis, show which

activities have the greatest impact on a project’s remaining schedule and cost.

• Provide a breakdown of the contributing causes to the activity’s impact.

• Show which risks have the greatest impact on a project’s remaining schedule and cost.

Business Use Case: • Need to give risk managers greater visibility into

the risks and activities that have the greatest impact on the project goals.

Prime Projects Cloud Service: Mean Impacts


2

1. Choose to view pre-response or post-response impact results.

2. View the activities or risks having the biggest impacts and choose either delay or cost information.

3. Display the contribution breakdown to understanding the root causes.

4. View the impact details. 5. View overall details including mean

delay, mean cost, and percentages. 6. See legend to determine what portion of

an impact is caused by uncertainty and which individual risks.

3

4

5

6

1

4

Risk and Activity Mean Impact Details


Prime Projects Cloud Service: Project Actual Cost and Cash Flow

Solution: • Actual object that captures project actual cost in

terms of cost and hours. • Rollup actual cost information to project cost

sheet. • Ability to select actual cost on project cash flow

to roll it up to portfolio and budget planning scenarios.

Business Case: • Need a place to capture cost incurred for the

actual work completed to date. • Forecast project at completion cost based on

actual cost incurred to date. • Consider actual cost incurred to date as part of

budget planning process.


Project Actual Cost Information

1. Record that can be manually created to capture project actual cost.

2. Actual record information can be manually created or imported based on a template.

3. Pending and Confirm status to record actuals.

4. Multiple line items for each actual record which can capture cost, quantity and hours along with cost code information.

1

2 3

4


Project Cash Flow and Roll up to Budget Planning

1. Cash flow setting page to select Actuals from cost sheet that can rollup to Budget Planning pages. Timephase based on effective date on actuals record.

1


Prime Projects Cloud Service: P6 Integration

Solution: • Database level sync up between Prime and P6 to

import project and schedule related data. • Near-real time data synchronization. • Flexibility to synchronize between multiple P6

instances into single Prime instance. • Option to support both cloud and on premise

deployment of P6 EPPM.

Business Case: • Organization with P6 EPPM deployment would

like to take advantage of additional features that Prime Cloud Service can offer with a seamless integration.


P6 - Prime Synchronization Option

1. P6 Sync tab at workspace level to access synchronization options.

2. Selection of P6 Instance that will be synchronized.

3. “Enable Prime Sync” option on P6 project, to indicate which will be sent to Prime.

1

2

3


Prime Projects Cloud Service: Fund Management

Solution: • Create and manage multiple funding sources at

workspace and project level. • Allocation of funds to one or more projects. • Appropriation of monies at project level based on

allocated funds for consumption. • Consumption of funds by one or more actual

records.

Business Case: • Organizations need a set of tools that will allow

them to manage capital funds in a most efficient way, which includes visibility into allocation, appropriation and consumption of funds by source.


Fund Allocation to Workspace and Projects

1. Fund sources created at workspace.

2. Start Date and End date of fund source to determine when they are available.

3. Amounts that are allocated to workspace or to a project.

4. Allocation of funds to projects or workspaces.

5. Allocated fund amount by value and % of total fund value.

1 1 2

3

4 5


Fund Appropriation and Fund Consumption

1. List of funds that are allocated to the project from workspace.

2. Fund amount that is appropriated for consumption, which can be same or less than allocated fund amount.

3. Fund amount that is consumed by invoices.

4. List of invoice records that needs to be funded.

5. Amount that is funded by a single funding source.

1 2

3

4

4

5


Prime Mobile

Solution: • Users can attach pictures, videos and audio right

from the field to provide that extra contextual information for the progress.

• Notifications when other users leave annotations or comments on documents.

• Reply to the comments and discussions. • Gracefully handle the annotations and offline

changes.

Business Case: • Filed users need easy-to-use tools to provide

project progress information. • Users at job site need more collaboration tools to

communicate with other project personnel.


User Experience Improvements for Field Users

1. View the discussions in the newsfeed and reply right away.

2. Attach Audio, Video and Pictures from the job site.

1

2


Prime Mobile: Work Management

Solution: • Users can manage the work and assign tasks to

the users who then can progress via mobile interface.

• Ability to add project level or personal tasks. • Users can see their company’s assigned tasks,

complete or recommit them.

Business Case: • PMs and Supervisors need a tool that can be

placed in the hands of field users to increase the transparency and maximize performance.

• A tool that can improve efficiency and help to decrease waste.


Work Management > Tasks

1. View Due, Pending, Flagged and Completed Tasks.

2. Recommit the tasks with right reasons.

3. Create the project Tasks or private tasks on the fly.

1

2

3


Additional Feature and Functions

• Ability to create Project Template where data related to schedule, resources, roles, risk and permissions can be copied over to create new projects.

• Ability to create project form independent of workflow with user configurable layout. • Document Annotation Notifications to the Author and Commenters across Web and Mobile • Play Multimedia Files with in Prime - Video & Audio on Document Viewer • Share functionality now enabled users to be searched by emails.


Safe Harbor Statement

The preceding is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, and timing of any features or functionality described for Oracle’s products remains at the sole discretion of Oracle.

31

discover the latest release of oracle’s prime · • rollup actual cost information to project...

Documents