What is Oracle Primavera P6?
Oracle Primavera P6 is a project management software package originally developed by Oracle Corporation as the successor to Oracle Project. Primavera has grown in popularity over the years and is now used in over 90% of Fortune 500 organizations. Primavera P6 is considered one of the most powerful project management software packages. Its easy-to-use interface has made it one of the more popular choices for users worldwide, offering a wide variety of features.
What is Oracle Primavera P6?
Primavera P6 is an enterprise resource planning (ERP) software package that offers various functionalities to help you manage your business projects. Through the use of Primavera P6, you will be able to manage every aspect of your business operations. This will provide you with a powerful and flexible project management tool.
Oracle Primavera P6 is considered one of the most advanced software packages, offering a full suite of features that any organization can use. The software offers several benefits, including:
Project management is integral to any business as it helps employees manage tasks and resources throughout the life cycle from initial planning, execution, and completion. Primavera P6 provides an integrated project management tool compatible with Microsoft Project and can be used in conjunction with various business, financial, and accounting applications. The software allows users to create and manage projects in a variety of ways, including:
Planning & Scheduling
Primavera P6 features various scheduling tools that can be used for every role within the organization. Each task is assigned to an individual so that everyone knows who is responsible for the tasks involved and where they are at any given time. Through Primavera P6, you will be able to plan your tasks, set deadlines, view progress on each project, and more. Scheduling Manager functionality is available for Project Managers, Resource Managers, and Superintendents.
Project Management
Oracle Primavera P6 features complete project management functionality that anyone on the team can use. It allows you to manage your project effectively. You’ll have complete visibility into everything happening with every aspect of your project while also providing you with an up-to-date status of each task involved in the project. The software comes with various project management tools that can be used for managing any business operation.
Resource Management
The software provides an integrated resource management solution that enables users to manage the tasks and resources involved with every project. Primavera P6 allows you to allocate resources and monitor progress on a variety of projects. You will be able to control the start and end dates for each project and define queues to manage the workload around your business. It enables the Project Manager to assign resources to projects and track their work status.
Reporting
Primavera P6 provides a wide variety of reports to help you monitor your projects from every angle. You will be able to view cost reports, resource utilization reports, schedule and task status reports, and much more. Through the use of Primavera P6, you will be able to adapt your business to suit your needs allowing you to manage every aspect of your operations.
Financial Accounting & Reporting
Primavera P6 features integrated financial accounting tools that allow you to keep track of your business’s finances by integrating your financial systems. The software allows you to track all transactions in various ways, including individual, company, departmental, and user-defined levels within each transaction. You will be able to monitor and manage your cash flow, revenue and expenses by tracking your financial statements.
Governance, Risk & Compliance (GRC)
The GRC module of Primavera P6 provides built-in tools that can be used to track the progress of each project, ensuring that the requirements set by your business are being met. Primavera P6 features a variety of tools that can help you to identify and control risks, including:
1) Project Portfolio Management (PPM)
Primavera P6 features a project portfolio management tool that allows you to create and manage portfolios of projects from the same or different departments within your organization. You will be able to view all projects at once to assess your entire business portfolio quickly. Use the software to create and manage your projects while keeping them organized and within budget.
2) Global Configuration Management
Primavera P6 features a global configuration management tool that allows you to establish standards for your organization. The tool provides you with various options, including customized template settings, configuring the user interface for the Primavera application, server settings, and data distribution settings. You will be able to manage each one of your projects as well as your entire business with complete integrity.
3) Portal Integration
Primavera P6 integrates with all major portals, including Salesforce, NetSuite, SAP, and Microsoft SharePoint. The integrated forms allow you to create a custom portal by generating reports in real-time and even print customizable documents that can be used in conjunction with your ERP software.
Core Applications Integration
Primavera P6 integrates with many other applications, including Microsoft Outlook, Microsoft Project, Primavera Express, Primavera Sure Step, Sage 300 ERP, and QuickBooks. This allows you to use several programs to help you manage your business effectively.
Primavera P6 is an integrated software package that provides an intuitive and easy-to-use interface. It allows you to manage your business using a designed tool for any organization. The software can be used without the help of an IT staff, and you can access it 24 hours a day, seven days a week. Primavera P6 is part of Oracle’s EPOC Suite, offering a comprehensive suite of solutions for enterprises.
Conclusion
Primavera P6 is an intelligent tool that can be used by anyone involved in project management. The software allows you to manage your projects, people, and finances. It features many integrated modules that allow you to gain access to the information you need to make sound business decisions. Primavera P6 integrates with other applications to gain more visibility into your business operations. The software is also provided in several different editions, including Standard, Enterprise, Financial Accounting & Reporting (FAR), and Small Business Edition (SBE).
