Top Trends in 2012 for the E&C Industry. Projects will continue to increase in complexity. Economic pressures will continue to force companies to work globally, with increased competition for the same projects. Owners demand a more efficient way of turning over all documents at the end of a project.
For large construction projects, interest incurred during the construction period for borrowed capital is typically capitalized for the duration of project construction until the Capital Asset is generated. In Oracle EBS, the Capital Projects functionality supports these requirements.
One of the significant advantages of having an EPPM system is the ability to see how each project affects the rest of the projects. PMs have been trained to look at the critical path of their tasks, but do they know if other tasks are impacting their performance?
Continuing our discussion from the previous blog, we are now ready to address success factor number 4. Selecting the right projects is as important to the success of executing projects efficiently. Ask yourself these important questions...
How to Make the Most of Your Enterprise Project Portfolio Management System, Part 3 of 5: Measuring What's Important. Ensure that you are measuring the right things and that management is encouraging the right actions.
We are ready to address success factor 2 in the Key Drivers to EPPM Success. An EPPM system is one of many business systems that an organization may use to improve its operations, but it must not live in a vacuum. Continue reading:
Part 1 of 5 of this blog series. Too often, organizations invest in an EPPM system, but they fail to recognize the full benefits. One of the reasons is that people fail to see an enterprise PPM solution as more than just a scheduling tool.
mproving collaboration on a project can significantly raise the probability of project success. So, can you improve team collaboration and ensure every team member is on the same proverbial page? Primavera features several tools to aid the collaboration process. Continue reading the blog:
As you review the items included in the last graphic from last week's blog, note the focus areas all have a financial slant. All the delivered functionality is taken from the core Project Accounting applications of Project Cost and Project Billing. No data elements are included. Continue reading the blog:
Oracle Business Intelligence Enterprise Edition (OBIEE) is a data warehouse solution comprising a comprehensive suite of enterprise Business Intelligence (BI) products that deliver a full range of BI capabilities. Continue reading part one of two of this blog series to learn more:
