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Project Initiation in OPPM to Project Execution in P6 EPPM
Prepared by:
L. Camille Frost
Master Principal Sales Consultant
Oracle | Primavera Global Business Unit
Session ID#: 15404
OPPM
Upfront Planning
P6 EPPM Execution
Lifecycle Project Lifecycle
OPPM
P6 EPPM
Plan
Execute
Alternative Analysis
Concept Business
Case
Investment Lifecycle
Approval
Close Out
Continuous Analysis
Monitor & Control
Monitor Benefits
after Close
The Project Lifecycle is a portion of the overall Investment Lifecycle
OPPM versus P6 EPPM
■ Submit ideas and information- potential
projects, ROI, Risk, Financial Rating,
Strategic Alignment, Business Unit,
Geographic Location, Number of users
impacted, Time to Develop, etc.
■ Tabular view – scoring and analyzing
■ Top-down Budget
■ ‘Skeleton’ project (Phases / Milestones)
■ Governance Process / Phase Gates
(workflow & approvals)
■ Grouping of projects into portfolios by
BU, Fiscal Year, Division, Strategic
Objective (any category value)
■ Portfolio Optimization / Balance
■ High level role requirements
■ Entire life of an investment (extends
beyond project close-out)
■ Build detailed project plan / schedule
▪ WBS, Activities & Relationships,
Resource Assignments, Critical Path,
etc.
■ Bottom-up Budget
■ Resource Management
■ Project Execution
■ Project Updates
■ Project Reporting
■ Measure Performance
▪ Earned Value
▪ CPI / SPI, etc.
■ View of performance across a
Portfolio of projects in execution
■ Project from start to close
OPPM P6 EPPM
What is a Portfolio
■ A group of assets or investments to be considered / analyzed / compared ▪ Could represent a program
▪ Could be a portfolio of portfolios
▪ Membership could be based upon the value of an attribute or
multiple attributes
▪ Membership could be random
■ Examples ▪ Proposed Projects
▪ New Technologies
▪ Proposed Products
▪ IT Applications
▪ Contracts
▪ Roads / Bridges
Multiple types of assets with DEPENDENCIES on one another could be
modeled!
What is the Goal of Portfolio Management
■ Make sound, informed business decisions
Analyze information in ways that help determine what mix of initiatives
return optimum value
▪ ‘Short duration with high ROI’
▪ ‘Small budget with high ROI and low Risk’
■ Bridge gap between execution and executive decision process
▪ Doing the right projects at the right time
▪ Replacing low value or redundant projects with potential higher
value
Portfolio Management Process
Investor Maps
Data to date
Updated data from
owners / asset managers
Scoring System Dashboards
Review
Track Performance Adjust
Course
Governance
Strategic Objectives /
Goals
Portfolio Management
Workbooks
Workflows / Alerts
Strategic Objectives
■ Establish and rank corporate level objectives
▪ “Improve customer satisfaction”
■ Understand how tightly every Program, Project, Initiative aligns with one or more corporate objective
▪ Questions / Scoring / Weighted Scoring etc.
Objective #1 Objective #2 Objective #3
Program 3 Program 2 Program 1
Portfolios / Hierarchy
■ Hierarchy (Portfolio of Portfolios), Names etc. completely configurable
for your organization
■ Portfolios can be created manually or by filter(s)
Forms
■ Standard, Traceable method of collecting data
■ Configurable, easy to use
■ Web based
• Link to form(s) can be
emailed as reminder to input latest data
• Constrain / control what can be entered
• Pull downs • Data validation • Form itself is a report of
latest data • Can be printed
Project Health via Scorecard
■ A quick, comprehensive look at performance based upon predetermined criteria
■ Detailed information on each investment in the portfolio
■ Summary / “Roll up” score for entire portfolio
■ Indicators as appropriate
Investor Maps in Portfolio Management
■ Look at FOUR parameters simultaneously
■ View on a scale or in ‘buckets’
■ Adds tremendous insight in addition to scorecard / spreadsheet
■ Allows for ‘what-if’ scenarios
■ A ‘bubble’ (investment / asset) that continuously stays in a ‘good
quadrant’ regardless of parameters should most likely be kept
1. Y-Axis
2. X-Axis
3. Size of Bubble
4. Color of Bubble
Y-Axis
X-Axis
Size & Color of Bubble
Portfolio Prioritization
• Define goals (Budget and Distribution)
• Add / remove projects
• Save multiple scenarios
• ‘Removed’ projects have a dash
• Snapshot / Email scenario
Workbooks
■ Life Cycle
■ Phases / Deliverables
■ Dependencies
Dashboards • Focused on Distribution • Pie charts • Histograms • Scatter charts • Trends • Bar charts
Bi-directional Integration
Configure Bridge
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You may complete the session evaluation either
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