Book Image

Oracle Primavera P6 Version 8: Project and Portfolio Management

Book Image

Oracle Primavera P6 Version 8: Project and Portfolio Management

Overview of this book

In 2008 Oracle acquired Primavera Software, Inc., a leading provider of Project Portfolio Management (PPM) solutions for project-intensive industries.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. 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.Oracle Primavera P6 Version 8: Project and Portfolio Management aims to show you all the features and functionality of the software thoroughly and clearly.With Oracle Primavera P6 Version 8: Project and Portfolio Management, readers will master the core concepts of Primavera P6 and the new features associated with version 8.This book is divided into two sections, in the first section we learn the fundamental concepts behind managing projects which include organizing projects, adding activities and relationships, assigning roles and resources, scheduling a project, and much more. In the second section we cover portfolio management and how to make the best use of the web client that includes working with portfolios, portfolio analysis, portfolio capacity planning, ROI, tracking performance, and lots more.
Table of Contents (25 chapters)
Oracle Primavera P6 Version 8: Project and Portfolio Management
Credits
About the Authors
About the Reviewers
www.PacktPub.com
Preface
Index

Scoring projects


When analyzing a portfolio, there are many criteria that you can use—budget versus actual costs, spend per month, production rates, and capital returns. All these data points can be daunting, and sometimes you want to use a single metric that captures the overall health of your projects. Primavera provides just such a metric in the project score. This can be the best of all worlds; one score representing all the items of importance to your organization, and chosen by you.

What is this project score, and where does it come from? This number is something that you can define and control so that it meets your organization's specific requirements. The score is set in the project codes. Unlike all other codes, such as activity and resource codes, project codes can be weighted. Each project code can be assigned a weight, and each value of the project code can be assigned a weight. The weighted values are then aggregated to form a score between 0 and 100.

To edit the project codes...