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Primavera Project Management

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TotalSoft introduced in Romania the project management concept through Oracle Primavera, the project management application mostly used by the local market. Currently, TotalSoft has a portfolio of over 650 Primavera customers in areas such as public administration, construction, engineering, shipbuilding, defense, energy and oil, accounting for 90% of the project management solutions market in Romania. These results, along with the technical skills held, allowed obtaining the Oracle Platinum Partner status, TotalSoft being the only company in Romania to hold this title for the Oracle Primavera specialization. In fact, TotalSoft managed to be elected for 11 consecutive years in the Primavera Club President, where are recruited only partners with outstanding results. Moreover, only 7 companies in the world have managed to enter this exclusive circle. In over 17 years of experience in this field, TotalSoft completed the Oracle Primavera suite with a series of applications tailored to the local specificity, but also with consulting services, maintenance, technical support and training in project management.
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Project Management Predicting | Planning | Progress | Performance
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Page 1: Primavera Project Management

Project Management

Predicting | Planning | Progress | Performance

Page 2: Primavera Project Management

Main benefits

Ensures thoroughly control of deadlines and the provisioning of

resources assigned to the projects at organization level;

Accurately describes the progression and identifies the key

events;

Provides full control during the execution phase;

Forecasts, plans and manages the budget based on history,

models and targets;

Tracks, coordinates and corrects by scenario method;

Provides information about the project progress stages as tables

and Gantt charts;

Ensures features for risk management, document management or

alerting in case of exceeding the costs, terms or time;

Analyzes the contractors' performance via economic efficiency

indicators (Earned Value and ROI-type analyses).

benefits

Provides unitary and structured insights for all the ongoing

investments;

Analyzes the results;

Supports the decision basis by analyzing the alternatives;

Allows finding the blind spots of the investments and making

corrective decision in real-time.

benefits

Automatically retrieves the information from the quotes/cost

estimates programs;

Keeps the history of investment execution, allowing to improve

the processes based on the cumulated experience;

Tracks down to the smallest detail the execution stage of the

works and the settlements, and allows comparing the execution

stage to the initial planning;

Provides real-time information for fast and objective decisions;

Builds "What If"-type analyses.

benefits

Decreases the project execution time by 22-27%;

Savings of 15% of the total cost of the project;

Makes available completely assessed terms, costs and resources;

Automatically matches the spent item quantities to the work's

physical stage (the payments can be done depending on the

achievements).

Management

Project responsible/user

Costs

Page 3: Primavera Project Management

In 1995 we introduced in Romania the

concept of project management through

Primavera, the most used professional

project management application

worldwide. Nowadays’ we have a market

share of over 90% and we are the only

Romanian company having Oracle Platinum

Partner status.

Along with the expansion of investments in

Romania, we constantly had in our minds to

extend the range of software solutions

dedicated to this segment, by developing

competitive products and services that

increase the coverage of Primavera system.

However, based on the experience

cumulated in the over 650 implementations

of the system, we became the most skilled

Romanian organization in providing

consultancy and training services in project

management field, regardless of the

beneficiary's business field.

You have the opportunity to see the

solution live, visiting one of the reference

customers from abroad.

Primavera is the main component of a project management platform comprising Charisma

Portfolio Management (a product developed by TotalSoft, dedicated to the management of

works, projects and contracts, designed to minimize the risks by increasing the efficiency of

the contracting process of the customer, provider or business partner), Primavera Risk

Analysis (an application enabling an advanced risk analysis of the projects, thus improving

their management) or other products in Primavera suite.

Primavera is the most

powerful, robust and easy-to-

use solution for prioritizing,

planning, managing and

executing the projects and

portfolios of an organization.

The product is distributed and

completed by solutions tailored

to the local specificity and

dynamic market needs.

For achieving a maximum of

efficiency in managing

projects, we have developed a

series of products comprising

features that provide the

organizations with a complete

project management platform,

able to support the targets up

to the highest performance

standards.

www.totalsoft.ro

Page 4: Primavera Project Management

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Primavera - international standard in

project management

Meeting the budget and deadlines of

the projects executed by the

organization directly reflects to its

performance and success. In order to

value as many business opportunities

as possible, it is highly required to

plan the projects to the smallest

details, at low costs and during a

shorter time period, without

neglecting the quality of the outcome

that has a direct impact upon the

success and durability of the

organization.

Primavera was especially designed to

support the project management of

the most complex investments, thus

becoming an international standard

for managing this activity. Primavera

takes into account the needs of an

organization, being a real support in

minimizing the risks identified within

each project, by a powerful planning

analysis, clear forecasting of costs and

coordination between designers,

contractors and beneficiaries. The

system eases managing big scope

projects by providing charts, project

1. Predicting

2. Planning

One of the factors conditioning the success of a project is forecasting all

the situations could interfere with its execution by changing the desired

flow. Primavera provides advanced forecasting and planning,

collaboration, analysis with multiple reference projects and

standardization across the projects by using the templates available in

Methodology Manager. With Primavera, the organizations have the

chance to continuously learn both from the mistakes and successes of

each executed project, so that project managers can predict, based on

previous experiences.

Primavera allows managing projects regardless of their complexity,

viewing the updated execution stages of the ongoing projects and the

resources provisioned within them, enabling comparisons between the

forecasted data and the actual situation, thus facilitating quick and

documented implementation of decisions.

Primavera has a rich and user-friendly interface for planning and

controlling even the most complex projects. The system features Gantt

charts, PERT network charts, resource and cost histograms, predefined

filters specific to each field and preset report formats for providing a

clear insight on the of each project. Additionally,

Primavera also makes available a powerful report builder for easy

generation of customized reports.

recommending Primavera

The 4P

"From my point of view, in case of a

refinery, the duration of a project

involving operation downtime is the

main element, because a single day of

inactivity induces "lost profit

opportunities" with very big values.

Primavera helped us create an initial

complete and extremely detailed

planning, including all the activities

related to each equipment or

installation, and allowed us to

efficiently manage the duration and

the budget of the project."

Petrotel Lukoil

Aurel Mareş

Reliability Manager

Page 5: Primavera Project Management

www.totalsoft.ro

3. Progress

4. Performance

The system has features that enable easy integration with the

contractor's planning, improving the communication within the project

team and decreasing the risk by using the cost, time and value

parameters. As the project progresses, the system allows identifying

and analyzing the time reserve, the conditioning relations and the

effects of discontinuations inevitably occurring during complex projects

that are run over larger periods of time or unappropriately. The success

of each project depends mainly on making the best managerial decision

in certain crisis situations, such as: unavailability of a "driving" resource

or the defective provisioning due to lack of communication between the

project participants. In this context, Primavera is a comprehensive tool

that eases the relationship with the contractor, stimulates the

collaboration and provides the flexibility required for supporting the

project teams.

By highlighting the deadlines, the critical tasks and the resource

requisition, Primavera provides project data consistency. The

information made available by the reports are intended both to project

managers, by providing an overview of the performance and efficiency

recorded within each project, and the company's management, who

benefits from a real support in the decisional process - best decisions

with minimum effort and, especially, in due time.

"Thanks to the "what if" analyses, I get an insight on the impact of an

unwanted event, I can see the costs and effects of a financing

discontinuation. If I can estimate a probability, I get a view upon what

could happen."

Transelectrica

Roxana Marciu

Project Manager

"OMV Petrom intended to align to

the international project

management principles accepted

and used by other multinational

companies. We wanted to apply a

worldwide known concept that was

still new in Romania; so, we needed

both professionals and the right

Project Management tools. Thus,

we contacted TotalSoft that

provided us with Primavera licenses,

but also its expertise in project

management field."

Petrom

Umair Mir, Project Manager,

Project of Oil Well Modernization

Page 6: Primavera Project Management

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în Project Management

The new dimension

A business vision for the entire company’s

success

Multiple participants, multiple

perspectives, a single database

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ongoing projects. Users can view both

costs and key performance indicators.

Primavera provides a complete business

overview in order to manage, control and

plan projects of an organization, from the

identification of a project opportunity, up to The beneficiaries, engineers, designers,

its completion. planners, project managers, contractors and

Primavera ensures: sub-contractors - all the participants

Selection of adequate programs and responsible for the project completion -

projects for determining the appropriate need fast, efficient and real-time

investment strategy for the business communication and collaboration for

expansion. Identification, prioritization meeting the targets set by each of them.

and selection of the best opportunities As a multi-user and multi-project system,

for the company, based on risk tolerance Primavera provides centralized access to all

and resource constraints; the project information to multiple users in

Quantification of risk projects by the same time. By integrating with the Web,

determining the level of confidence of server-client and desktop features,

success projects and easily identifying Primavera becomes a solution meant to

contingencies. The risk analysis is based satisfy the needs, responsibilities and

on the cost of raw materials, available requirements of every project team

labor, funded projects, projects member.

proposed for regulation and new

technology upgrades;

Streamlining decision-making for all

projects: Primavera helps to align all the

business projects and define their

execution. The easily customizable

screens present the project status,

budget, perceived risk, changes in costs -

based on the latest information. It helps

the company gain operational efficiency,

effective planning, with control over the

execution, expansion and maintenance.

Users can easily view the project’s

progress through graphs and diagrams.

Cost and performance monitoring:

Primavera provides a common database

platform, especially conceived for a

maximum visibility over performances of

Page 7: Primavera Project Management

www.totalsoft.ro

Easy communication Information by different hierarchical levels

The practice proved that the difficult The project managers use Primavera to

moments in executing projects usually easily plan the projects, to run analyses on

appear when the team members do not reference projects, to understand the

succeed to communicate quickly, efficiently progress of the project, to schedule

and targeted. This is especially due to their resources, to consolidate the contractor's

failure to analyze via Web, which would planning and to eventually initiate and

eliminate the distance between the manage the projects using the templates in

collaborators and the incapacity to discuss the system.

in critical moments requiring to make a fast Because the project information is

decision. With its features, Primavera accessible via Web and Palm, every team

reduces the probability of member has the opportunity to receive and

misunderstandings to occur, by making reply to the latest tasks. The top

available data about all the ongoing management needs information related to

projects, from summary information project profitability any time during project

required by the top management, up to execution. The managers can balance the

detailed information for each team member. initial budgets and the actual costs by top-

In this way, the system enables a clear and down budgeting and bottom-up cost

comprehensive view of the information control. The beneficiary must know at any

within the whole team. time and any moment the status of his/her

projects and must have the possibility to

collaborate with the project managers to get

the answers regarding the completion dates

of his/her projects. Primavera facilitates the

most important thing needed in the

relationship with the customer, providing

continuous information to the beneficiary.

The contractors/sub-contractors need to

communicate with the project team

members in order to understand the tasks

within each project, via task lists or clear

specifications.

Page 8: Primavera Project Management

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a comprehensive suite

Primavera

Efficient planning and control of big scope he project

projects

The project site

Forecasting and minimizing the risks during

The risk module included in Project Manager

Project Manager provides managers with the enables the project team to identify,

tools required for easy and fast planning and capitalize and minimize the risks (delays due

control of the projects. Featuring advanced to unfavorable weather conditions, delays

options of modeling the projects and due to provisioning or complex works). The

resources in any situation, Project Manager risks can be classified and their control plans

helps the project managers to create optimal can be included in the project.

schedules and to quickly analyze the impact The risk analysis enables to prepare the

of changing the availability of resources, project team for unpredicted situations by

prioritizing the activities and constraints creating "what-if' scenarios, in order to

related to the completion date of the project. determine the impact of the event causing

In order to minimize the project size, one the risk in terms of time and costs. Having

could use the steps enabling to breakdown available this information, the project

the activities, each of them having a weight, a managers can lag the potential risks and

completion percentage and additional create in advance an appropriate strategy to

indications. reduce and control the risk.

Project Manager provides the analysis easy-to

-use tools for different project scenarios. With

Project Manager, the project managers can Project Manager provides the possibility to

also set up calendars at global, project or create a Web page where the project team

resource level, and to track the durations of can access the information and publish the

the activities in the project up to a level of latest project schedules. Using an Internet

minutes. The project managers are able to browser, the team members, including the

control the detail level required for each general contractors and sub-contractors,

report, include comments, steps for an designers and beneficiaries, can view

activity, budgets, resource provisioning and information related to the project status, such

match the reference documents at project as: a situation for the next 60 days, graphical

level. reports, summarized information related to

the timeline and project costs.

Primavera Project ManagementProfessional (desktop version)

& Primavera Enterprise Project Portfolio Management (Web version)

Page 9: Primavera Project Management

www.totalsoft.ro

Web interface for the entire project team

Much easier and more efficient project

management

Methodology Manager – Fast planning by

using patterns

Visualization of labor and material

requisite

Simplified management of activities for a

comprehensive control

for the project completion.

The Primavera web-enabled module offers

real-time information, only by accessing a

webpage, which provides the entire project

team with detailed and centralized By using Primavera’s web interface, project

information, depending on the role of each managers can plan and manage their

team member. projects from anywhere and at anytime.

The project’s dashboard contains vital With the help of the internet browser, these

statistics that help managers determine the can define activity constraints, differences

best courses of action. of the conditional relationships between

By using this web application, the activities, new project calendars and project

company’s management team holds calculation method.

synthetic information about ongoing

projects, while the performance indicators

provide a realistic overview of the

completion progress and productivity of Managing multiple projects depends mainly

each project. on the easiness, efficiency and rapidity of a

The greatest advantage of the application is project planning.

the possibility to create, modify and update

projects, introduce and allocate resources,

as well as make decisions based on the

above.

Primavera Web allows a fast visualization of

the updated material requisite. No matter if

the over-assigned or under-assigned labor

or material requisite are traced, project

managers can quickly identify difficult

periods with the help of histograms and

tables.

The list of activities available on the web

offers the possibility to enter rapidly

activities and resource allocations necessary

"Think about a project of 30 million dollars, and we exceed the

assigned budget with 10 -15 millions, because we considered that this

does not seem to be too much, anyway. Obviously, this is not possible,

because there are very big amounts and nobody could afford this

thing. In other words, we have to meet the assigned budget for each

single activity. And Primavera is a tool that allows one to keep the costs

to a certain level, which means that one could reach the set up profit."

Bog'Art

Cristi Neagu

Project Manager

Page 10: Primavera Project Management

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It is the world’s best performing solution for Users can add content with only one

document and website content click;

management. The solution is Single location, single tool for all types of

complementary to the already existent content: documents, website content,

applications within any organization. digital assets, incident registration etc.;

By means of a secured interface, based on Performing optimization of the content

roles and security models, Oracle UCM to be stored and performing search of

simplifies the publication, visualization, information;

collaboration, versioning or retrieval of Fast integration with any type of

documents/ site content, ensuring that all application (Hot-pluggable) due to a

published, distributed or pending for complete solution that needs no

approval documents are safe and updated. customization or additional

developments;

Main benefits of the application: Possibility to read over 200 files without

Perfect match with any type of activity; it the need to install specialized

fits perfectly any type of industry; applications (by using Oracle AutoVue

It is integrated with any business included in UCM package for Primavera).

application (e.g.: MS Office, OpenOffice

etc.);

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available with the latest Primavera version P6.R8

Modules

Oracle Universal Content Management + Oracle AutoVue for Primavera EPPM (based on Oracle UCM and AutoVue)

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This application is used for storing all data approaches to allocation capacity or

related to Primavera Enterprise Portfolio resource requisite, necessary for the project

Management (EPPM) in a unified database completion. The last type of scheme, related

for portfolios, projects and/ or resources. to project history (Project History), allows

The open architecture of the application users to perform multiple analysis

(STAGE, ODS or STAR) allows users to create summarized on projects/portfolios based on

their own operational reports or BI analyses the company’s “best practices”.

by using third-party reporting applications

(BI Publisher). Although the analysis and

reporting tools are natively included in are dedicated to operational reports and

Primavera PPM and EPPM, P6 ERDB, provide a detailed overview of projects,

combined with Oracle BI Publisher or P6 including hierarchies, time distribution,

Analytics, they allow a greater flexibility in calendars, pre-calculated fields.

the creation of custom reports for the

executive management or project teams.

The three database schemes (STAR, ODS and ensure reporting quality and speed. These

STAGE) play the role of structuring the are automated processes that withdraw

information included in Primavera database information from the Primavera production

(PMDB), in order to simplify the creation of database (PMDB), pre-calculate it based on

PivotTable reports, OLAP cubes or different STAR types of schemes and make them

analysis data and dimensions that are available to reporting tools. ETL Processes

specific to the BI analyses. can be scheduled to run at any time or

frequency, according to specific business

schemes are included in the requirements of an organization.

package as 4 types of databases that allow

consolidated analysis of projects/portfolios.

The detailed STAR scheme allows users to

view project details such as planning, costs,

allocated resources etc. in order to

determine the current performance; the

other 2 STAR schemes, related to project

resources, allow users to discover new

The ODS schemes (Operational Data Store)

ETL Processes (Extract, Transform & Load)

STAR schemes

Oracle P6 ERDB Schema (includes ODS, STAR & STAGE schemes for BI reports)

Page 12: Primavera Project Management

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Oracle Primavera P6 Analytics is the Main benefits of the application:

business solution that brings valuable Detailed analyses, forecasts and trends

perspectives to Primavera P6 Enterprise for the company’s portfolios and

Portfolio Project Management by helping projects;

users discover new trends, causes of Quick identification of potential

different problems or cost forecasts. These performance issues;

help managers carry on projects with an Provision of one version of truth for

increased efficiency and support them in earned value analyses;

making the best decisions. Customization of dashboards for the

Oracle has acquired, over time, many years project team, project managers or

of “best practices”, performance indicators executive/ top managers;

(KPI), reports and scorecards, as well as Better decisions for the project in

expertise, which have been implemented in question;

all reports and dashboards supplied Possibility to download reports in any

together with the application, for the type of format for its easier use in off-

immediate benefits of the best variance line project meetings or portfolio

analysis and control methods, earned value analysis or review meetings.

and cost/time performance analyses.

Primavera P6 Analytics provides a

customizable and easy-to-use BI interface

for a direct impact upon project data

(activities or WBS), as well as for

identification and correction of areas

containing errors. Thus, relevant aspects can

be viewed, while the project performance

can be greatly improved due to notification

alerts, trends and forecasts.

Primavera P6 Analytics provides warnings

regarding areas with problems within the

projects, allowing managers to take the

best courses of action in order to maintain

projects on the right track.

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Oracle P6 Analytics (based on Oracle BI Publisher – includes 1 defined Dashboard)

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Starting with version 8, Primavera uses the Main benefits of the integration with Oracle

Unified Business Process Management business process modules (Oracle BPM) are:

(BPM) solution, which represents the basis

for the creation of customized workflows Oracle BPM provides endless

dedicated to project, portfolio or resource possibilities to combine workflow

management. All these workflows are processes for initiation, approval,

visible on the interface of all Primavera Web collaboration, modification, escalation or

users, being integrated in such a way that controlling of each

any P6 user may initiate, participate, project/portfolio/program/resource

escalate or monitor any project feature;

management process without leaving the The solution is scalable, from simple,

interface they are familiar with. linear workflows, up to complex ones

with multiple conditioning, or flow

From the P6 interface, users can directly returns, with an unlimited number of

navigate the checking and control workflow approval stages or steps;

processes. In any workflow, users can set

responsibility assignments, conditions,

deadlines, data population in predefined

fields;

Flows can be accessed directly from the

P6 user interface.

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Oracle P6 Workflows (based on Oracle BPM – Business Process Management and Oracle SOA – Service Oriented Architecture)

Page 14: Primavera Project Management

Strengthen the performance

Primavera Contractor is specially conceived Primavera Contract Management is an

to maintain a simple progress scheduling, application dedicated to document and cost

reporting and planning of works executed management, applicable in any business

within an organization. From the field. Thus, the projects meet the deadlines

contractor’s point of view, the ability to established, with an allocated budget

perform an efficient and easy-to-understand thoroughly controlled. Managing a project

scheduling is crucial. Primavera Contractor implies a large group of people, from project

provides continuous communication managers, contract managers or division

between team members, updated and managers, up to subcontractors, architects,

precise reports, maintaining thus, the engineers, distributors and beneficiaries –

agreed budget line. all of them struggling to collaborate in order

to overcome potential problems or changes

Main benefits of the application: while managing contracts and documents.

Quick and easy project planning and Controlling the project plan, budget and

scheduling; cost and outcome forecasts plays a crucial

Identification of determinant role in successfully completing the project,

relationships by using network diagrams; as well as in conducting the company’s

Quick and easy creation of intuitive and business in the future.

customized graphics, including Gantt,

previous charts and histograms; Main benefits of the application:

Budget and change management, as well Visibility of the contractor’s

as project completion estimates. performance;

Possibility to make payments on time,

avoiding thus, complaints;

Improvement of the team’s

collaboration, avoiding thus,

contingencies;

Document management.

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of Primavera

Oracle Primavera Contractor

Oracle Primavera Contract Management

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Oracle Primavera Portfolio Management (Pro Sight)

Oracle Primavera Portfolio Management is Main benefits of the application:

the leading software solution, which Selection, prioritization and alignment of

provides increased flexibility and maximum initiatives in order to ensure goal

infrastructure for a company’s portfolio achievement;

management. With its unique features and Understanding the impact of changes;

unlimited configurability, the solution is Adding new initiatives to current

ideal for managing any type of portfolios, portfolios.

from idea to execution. Its powerful security

and interface makes it suit perfectly the

collaboration between shareholders of a

company.

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Integrated cost and earned value Primavera Earned Value Management

management

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Advantages of cost management

-

part of an efficient project portfolio

Due to current legal standards and management process:

regulations, exerting a growing pressure to Plans – aligns the project portfolio to the

adopt stringent standards for cost and company’s strategic objectives;

earned value, more and more organizations Executes – completes projects faster and

admit they need to incorporate an more efficiently, based on the alignment

integrated management of costs and earned according to roles;

value in their project portfolio management Measures – measures accurately both

solutions. By aligning and combining the graph costs and performance;

information related to project performance Understands – analyzes correctly and

from the company’s graph and cost systems, efficiently and presents data related to

by adding burdensome rate and increasing project performance;

the involved costs, the companies can Communicates – increases the visibility

generate correct statistical estimates, in on projects due to an efficient

order to understand and communicate the communication with all shareholders;

project performance when they can still Repeats – adopts the best practices in

take correction measures. order to ensure the project reiteration.

Primavera Earned Value Management

provides extended cost and earned value

management features, helping organizations Primavera Earned Value Management is

manage in a better way their project costs, perfect for companies facing the pressure to

measure more accurately the earned value keep track and measure the performance of

and analyze the budget, real costs, their entire project portfolio. Without a

estimated costs and achieved costs. built-in module dedicated to the earned

value, projects with issues may get out of

control before someone actually refers to

them and recognizes the existence of a real

problem.

Oracle Primavera Earned Value Management

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Understanding the performance indicators

and efficient communication with the

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Primavera supports the performance

measuring standards

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Aligns and combines the information costs;

regarding costs and schedules in Models the complex resource rates with

Primavera and other financial systems; escalating factor.

Analyzes the budget, actual costs,

estimated costs and burdened costs, for

their full control;

Provides visibility across the entire

project portfolio via a single enterprise By means of extensive reports and graphical

project structure; capabilities, Primavera enables cost

Easily links the schedules in Primavera managers to efficiently share the

and other company's systems, via a information across the organization.

flexible interface module;

Shares the key information with other Handling table data with the aid of OLAP

modules in Primavera, including data cube;

myPrimavera™; Generating standard reports with the

Includes features of earned value report builder;

analysis with an OLAP data cube, Understanding and communicating the

comprehensive reports and interactive actual stage of the projects with the aid

charts. of earned value charts;

Sharing data regarding the project

performance with myPrimavera and

earned value analysis tools.

Allows detailed measuring and project

cost modeling;

Stores the actual past values and future

estimates in static fields for reporting;

Unlimited support for fiscal periods

defined by users for storing resources,

costs and values in the schedules;

Support for involved costs and complex

tasks, for a complete insight on the

"Primavera enables us to efficiently manage the projects in order to keep the project on the

planned track. Thousands and billions of dollars are yearly spent worldwide on construction

projects, and many of them provide a profit rate having one single digit, and this is the reason

that it is critical for all the construction and design companies to control and increase the

efficiency for: project costs, activity scheduling, provisioning, contracts and changes. A fortiori, I

think that Primavera application proves to be useful in our field, of offshore constructions."

Grup Servicii Petroliere

Isabela Bucur, Planning engineer

Offshore Construction Department

Oracle Primavera Cost Management

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Oracle Primavera Risk Analyzer

Risk Analyzer is a risk analysis solution for initiative based on incurred benefits,

the entire project life. Integrating cost and afferent costs and level of uncertainity;

time risk management, the solution Models that can be used for risk and

provides comprehensive means for emergency diagnosis or monitoring,

determining the confidence levels of the providing early notifications on

project’s success, together with quick and significant threats and testing potential

easy techniques for determining the impact strategies and actions;

of a potential event and a risk response Avoidance of useless and expensive

plan. objective recovery measures.

Primavera Risk Analyzer is a decision

support tool, for determining confidence

levels of the project cost and success. The

solution provides an objective perspective

on costs and time planning uncertainty in

case of risky events, as well as an efficient

analysis of costs incurred by risk response

plans. These two form the basis of “adjusted

planning of risk calculation” that is about to

become compulsory for planning and

scheduling processes.

Main benefits of the application:

Notifications on unacceptable levels of

risk impacting project objectives, as well

as warnings regarding possible

improvements of forecasts;

Operational solutions for discovering,

understanding, solving and managing

opportunities and risks;

Strategy/ action testing for improving

the objective’s performance;

Ability to develop any accelerating

n

n

n

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Page 19: Primavera Project Management

www.totalsoft.ro

“Hidroelectrica has an extremely

ambitious investment plan, which

will reach 3 billion Eur in the next 6-

8 years, and will address both

building new hydro, upgrading and

modernization of current plants.

The system developed by TotalSoft

provides us with a full overview of

all potential implications of a

project, no matter the location,

complexity, budget, resources,

ensuring us the ability to make

strategic decisions in real time.”

Hidroelectrica

Mihai David

CEO

Page 20: Primavera Project Management

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2

TotalSoft Bulgaria

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P.O Box 200348, Doha, Qatar

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