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Browse: Home / 2010 / January / 25 / Introduction to Oracle Primavera Portfolio Management (Prosight 7.5)

Introduction to Oracle Primavera Portfolio Management (Prosight 7.5)

Posted on Mon 25 Jan 2010, 6:00 am, by Kimberly Baker, under Project Portfolio Mgmt.

By Tamim Kulaly, PMP

Oracle’s Primavera Portfolio Management (formerly Prosight) is a leading Project Portfolio Management application that is very intuitive and utilizes a 100% web interface. Using Portfolio Management’s top-down approach, clients are able to manage their business objectives and rank their investments prior to selecting them.  In terms of processes defined in PMBOK, the main focus of the tool is to provide users better control in the two major aspects of a project life cycle: the Planning phase (propose initiatives, clarify objectives, and prioritize/select investments) and the Controlling phase (track performance, review portfolio and adjust course).

Primavera Portfolio Management is organized by solution modules: Investor Maps, Scorecards, Forms, Workbooks, Dashboards, Process and Project Management Bridge.  Each module provides a unique view of business activities, from the strategic overview to the everyday operational aspects of individual investments.

Key Capabilities

  • 100% Web Based
  • Ability to manage any type of initiative or investment
  • Open standards to connect to other enterprise applications
  • Pre-built bridges to enterprise scheduling and project management systems (Primavera P6, Microsoft Project 2007, Deltek Cobra, etc.)
  • Configurable
  • Robust security model

 

Module Overview

Investor Map is the strategic center and enables senior management to view their business activities by parameters such as risk, investment type, budget, etc.  As with the other modules, it is configurable by users.

Primavera Portfolio Management Investor Map

Primavera Portfolio Management Investor Map

 

Scorecard is the operational center and enables users in following a set of standard key performance measurements across the organization.  It also is configurable by users.

Primavera Portfolio Management Scorecard

Primavera Portfolio Management Scorecard

 

Workbook is the tactical center and enables users to follow detailed information about various aspects of an individual imitative and its progress.  It is configurable by users.

Primavera Portfolio Management Workbook

Primavera Portfolio Management Workbook

 

Forms are the center of data entry and are configurable by users.

Primavera Portfolio Management Form

Primavera Portfolio Management Form

 

Dashboards are a collection of graphs that provide detailed technical and business information about investments and performance categories. They are configurable by users.

Primavera Portfolio Management Dashboard

Primavera Portfolio Management Dashboard

 

The Portfolio Management Bridge is a bi-directional interface between Primavera Portfolio Management and Primavera P6, and will be discussed in detail in a future blog entry.

 

Contact Oracle or Project Partners for additional detail.

Project Partners LLC: sales@projectp.com and http://www.projectp.com/contact/index.php

Oracle:  http://www.oracle.com/applications/primavera/primavera-portfolio-management.html and http://www.oracle.com/technology/

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