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Oracle's Primavera P6 Enterprise Project Portfolio Management is the most powerful, robust, and easy to use solution for globally prioritizing, planning, managing and executing projects, programs and portfolios.
Customise and scale the applications to meet the needs of the various roles, functions and skill levels involved with the project.
Oracle continues to deliver enterprise-wide, web-based project management features that improve your project management efficiencies. Oracle's Primavera P6 Professional Project Management gives today's project managers and schedulers the one thing they value most: control. Oracle's Primavera Portfolio Management is the leading portfolio management software solution, providing unmatched flexibility and infrastructure for enterprise portfolio management. Oracle's Primavera Contract Management is a document management, job cost and field controls solution that keeps construction projects on schedule and on-budget through complete project control. Oracle's Primavera Risk Analysis is a full lifecycle risk analytics solution integrating cost and schedule risk management.
NOTE: Names of previous versions of Risk Analysis include Pertmaster, Risk Manager and Risk Management. For only pence per day, the TimeControl timesheet software system can help organisations be more efficient, increase productivity, bring projects in on time and on budget and get the best return on investment.
Yet, many companies do not pay much attention to this fact and even if they can perform really well during the project execution, they may still have losses due to omissions from, or inaccuracies in, their estimates. Technology is progressing rapidly today, and thanks to the application of Interoperable systems used in the Building and Process Industries, Cost Estimating can become the bridge that connects the Design phase with the Construction phase. Nomitech was founded in 2005 and since then it has been focusing on the development of a powerful estimating system that stands out in the market. Today Nomitech maintains a specialised network of resellers throughout the world, is currently represented in 15 Countries and is rapidly expanding its business. The kick-off presentation of CostOS 3.6 was by ForgeTrack Ltd and Nomitech, at Oracle's offices in Moorgate, London, on 10th June 2010.
Things have progressed to a great extent since Microsoft Excel was the absolute solution for Cost Estimating. The above problems are caused because Excel is not a database, and even if someone tries to apply it as such there are strict limitations. By maintaining such a database, and making use of the powerful search engine of CostOS, estimators can very quickly find priced items, and amend them according to their project's needs.
There are several organisations today, whose major task is to develop and provide Cost Databases. Nomitech realised the importance of this information and this is why it recreated these databases and applied them as relational resource databases, online.
Although it may sound obscure, the vast majority of Planners rarely co-operate with the estimators in depth. Some companies on the other hand start from the schedule first, they define the durations and the constraints and then they give it to the estimator to calculate the cost. After examining the above facts, Nomitech implemented a very important feature that synchronises the estimate with the project schedule. In addition due to CostOS's ability to synchronise with On-Screen Takeoff as well, changes made in the drawings and thus in the quantities can be then synchronised with the estimate, and the planners can see the effect on their activity durations, at the click of a button.
Despite the advanced productivity of using the 3D model for estimating, the true value of this method lies in the end product. Designers, contractors and clients can then work on the 3D model together and optimise the project design or find more cost effective solutions. The momentum towards BIM has recently been accelerated by recent announcements in the UK press that Paul Morrell, the UK Government's chief construction adviser, has indicated that publicly procured building projects will be required to adopt Building Information Modelling or BIM. Oracle's Primavera Contractor is an affordable solution specifically built for Contractors that makes scheduling, reporting, and progress planning simple.
Oracle's Primavera P6 Reporting Database is a robust and powerful reporting and business intelligence database.
While native analytical tools are provided in Primavera P6 Enterprise Project Portfolio Management and Primavera P6 Professional Project Management, this reporting database option allows you more flexibility in creating custom reports and business intelligence required for executive management and non-project management professionals.
It can be nearly impossible to build annual budgets that consider forecasted project and program work plans along with detailed cost data. Oracle's Primavera Inspire for SAP simplifies enterprise project, portfolio and resource management through it's flexible integration of Primavera P6 and SAP ERP.
Oracle offers several integration options to ensure Oracle's Primavera Project Portfolio Management solutions work with other applications in the enterprise, including Oracle's E-business Suite, Oracle's JD Edwards EnterpriseOne, Oracle's AutoVue and SAP.

The first two of the above integrations are provided under Oracle Applications Integration Architecture, which offers prebuilt solutions at the data, process, and user interface level, delivering a more complete process solution to business end users. These integration solutions help organizations overcome fragmented processes that lead to lack of business alignment, low predictability in project execution and performance, and inconsistency in business decision-making.
The Oracle Project Portfolio Management Integration Pack for Primavera P6 and E-Business Suite is pre-built integration to provide an end-to-end Enterprise Project Portfolio Management solution. The Oracle Project Portfolio Management Integration Pack for Primavera P6 and JD Edwards EnterpriseOne is pre-built integration to provide an end-to-end Enterprise Project Portfolio Management solution.
Oracle's Primavera P6 Enterprise Project Portfolio Management is an integrated project portfolio management (PPM) solution comprising role-specific functionality to satisfy each team member's needs, responsibilities and skills. Oracle's Primavera P6 Professional Project Management, the recognized standard for high-performance project management software, is designed to handle large-scale, highly sophisticated and multifaceted projects. With its unique functionality, real-world enterprise scalability, and unlimited configurability, Oracle's Primavera Portfolio Management is ideal for managing just about any type of portfolio from ideation through execution.
Construction project management involves groups of people representing different disciplines, from project managers, contract managers and division managers to subcontractors, architects, engineers, suppliers and owners-all trying to collaborate on a multitude of issues and changes while juggling multiple documents and contracts.
Oracle's Primavera Risk Analysis provides a comprehensive means of determining confidence levels for project success together with quick and easy techniques for determining contingency and risk response plans.
A very productive and accurate tendering department can bring more profitable projects to a company and set the basis for increased profitability. CostOS Estimating has been designed by Nomitech with the purpose of streamlining the estimating process and providing planners with a solid basis to start building their Plans. It blends talented people of various ages, from various sectors such as Software Developers, AEC and EPC project managers, planners and contractors with many years of experience in their field.
Even if Excel can indeed be used for this purpose (or even for planning !) this is not the proper way to move forward.
Although Excel is currently the main product for cost estimating, various Cost Estimating software packages exist today, most of which are developed in the US.
Different levels of users have access to different parts of the database and cost information is shared instantly.
These databases are very useful for reference and they can be used as a basis for building a company's own database.
The fact that they are provided online is very important, because users do not have to worry whether their cost data is up to date. In most cases the estimator hands over his estimate to the Planner, who in turn has to create the project programme starting from scratch or from a list of BOQ Items (best case scenario). Once the budget is calculated by the estimator, it is very difficult to make changes either on the schedule or on the estimate and most of the time planners and estimators get very frustrated by each other's changes.
The estimate can be exported as a resource-loaded list of activities in Primavera, with Durations, WBS codes and budgeted units ready for the planners to start putting in the logic - or the opposite: a Primavera Project can be imported in CostOS and the estimators can start working from there. A detailed estimate of an office building (see the attached screenshot) can be finished in 45min (actual experiment). That is a cost-loaded 3D model, which can be used for true value engineering and even for marketing purposes. As a Contractor, the ability to build an effective schedule that everyone on your project can understand and use is crucial. Optimized for enterprise deployments of Primavera P6 Enterprise Project Portfolio Management solution, the Primavera P6 Reporting Database provides a central repository for all portfolio and project data. Even more challenging is attempting to reconcile actual program costs with actual schedule performance.
Primavera Inspire for SAP now enables organizations running SAP to more intuitively track and manage their projects, portfolios and resources within Primavera P6. This enables Primavera customers to combine the project, portfolio and resource management and scheduling power of Primavera P6 with the power of E-Business Suite financial management. This enables Primavera customers to combine the project, portfolio and resource management and scheduling power of Primavera P6 with the power of JD Edwards EnterpriseOne financial management.
It provides a single solution for managing projects of any size, adapts to various levels of complexities within a project, and intelligently scales to meet the needs of various roles, functions, or skill levels in your organization and on your project team. It can be used to organize projects up to 100,000 activities, and it provides unlimited resources and an unlimited number of target plans. Powerful security features and a clean user interface make it the perfect solution for collaboration among all stakeholders in the organization. Controlling your construction project's plan, budget, forecast costs, and deliverables is vital to the success of your projects and the future of your business.

You'll have an objective view of required contingency to account for cost and schedule uncertainty as well as analyzing the cost effectiveness of risk response plans.
Moreover, due to its interaction with Planning Systems (especially with Oracle's Primavera), the effect of changed durations or strict milestones on the estimate can be visualised instantly. It continuously interacts with Universities and this is why it delivers highly innovative features that will become the standards for years to come.
The problem with packages developed specifically for the US is that they are based on Line Items instead of calculating costs based on the required resources. Some of these Cost Databases, and specifically the Reeds (RS Means) Database and the Richardson also provide productivities in addition to the resources required to calculate the Cost.
Most important though, is that with a click of a button, estimates that were created in the past can be updated instantly with the new resource rates. Whichever method has been used, from there on the estimate and schedule are in line with each other. Mechanical systems can be automatically recognised by CostOS and with just two clicks the estimators can get quantities of pipes, fittings, etc.
The user can click on any element on the 3D model and see the cost associated with it as well as the resources, and their cost, required to build it.
Speaking at the Autodesk BIM conference, Morrell said the move follows government research that concludes that BIM offers tangible benefits to the construction industry supply chain, and value for money for the taxpayer.
Oracle's Primavera Contractor allows you to continually communicate and provide accurate and up-to-date reports to the project manager as necessary throughout the project to ensure you get paid on time.
Its open architecture allows users to create operational reports and business intelligence analysis using any third-party reporting tools.
Oracle's Primavera Earned Value Management is a comprehensive solution that integrates detailed cost information with the program schedule by aligning and combining project performance data from cost systems, adding complex burdening rates, and tracking committed costs. Primavera's scalability provides asset-intensive organizations with the power to manage projects of any size with varying levels of urgency. Massive data requires sophisticated, yet highly flexible organization tools to provide you a multitude of ways to organize, filter and sort activities, projects, and resources.
These combined form the basis of a "risk adjusted schedule" which today is becoming the norm within the planning and scheduling process.
Nomitech's system has been successfully applied in some major European PPP projects and in Oil and Gas projects in the Middle East. This fact causes serious problems when trying to synchronise the estimate with the project programme, and also when trying to work with multiple currencies, or bidding in countries outside the US.
The fact that these databases are also resource-related has the advantage that they can be applied internationally. Moreover, extended durations of the activities, due to various site conditions, might mean decreased productivities and thus increased cost.
With one click, changes that are made in the schedule are reflected in the estimate and vice versa. Such measurements usually require many hours of manual effort, and there is always the risk of manual mistakes.
By aligning project cost, schedule, and resource requirements within Primavera's user-friendly applications with SAP's project systems and plant maintenance information, Primavera Inspire for SAP helps organizations deliver projects on-time and within budget while maximizing their resource utilization by effectively forecasting costs, schedules and resources requirements across an organizations portfolio of projects. It is impossible to see the effect of delays or extended durations on the project total cost if the activities are not resource loaded. Estimators can amend the productivities, the salaries, the material prices, the currencies and so on and apply them in their own country and project location. To calculate the new cost, planners must create a resource-loaded programme, and it is well known that this takes tremendous amount of time and effort, especially for large projects. Moreover the amendments they make on the BOQ items provided by the online databases, are stored on their local database.
What Nomitech has experienced from companies that use the software is that within one or two years, they no longer need to subscribe to the online databases as they have built very powerful knowledge-bases with their own cost data for projects they have worked on.

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