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

Thresholds


To view thresholds, click on the icon or choose from the main menu Project | Thresholds. The icon looks similar to the following screenshot:

The Select Threshold Parameter window is shown as follows:

Thresholds monitor threshold parameters. These are pre-defined calculated quantities in P6 which can be related to costs and dates. A threshold looks for a variance in one specific parameter.

If the parameter exceeds the upper threshold, or is lower than the lower threshold, then an issue is generated. A user can then monitor issues to see when thresholds are violated. Within a WBS element, the threshold can be set to apply either to the WBS and its children, or to the activities contained within that WBS and its children. If the WBS level is chosen, then one issue will be generated for each threshold violation. If the activity level is chosen, then one issue will be generated for each activity which triggers the threshold.

Next, the Responsible Manager can be set for the threshold. This...