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

Risks: P6 Enterprise


Risks in P6 Enterprise are quite different than in P6 Professional. For example, you can have multiple response plans, and there is a risk register and a scoring matrix.

One item of note is the Response Plan, which is similar to the Impact tab in P6 Professional, but gives much greater flexibility in assigning responses.

Rather than having a single response, you can create multiple responses to a risk, and can provide much greater detail about how the risk will be handled.

Once you have established your risks, you can view the Probability and Impact Diagram, which shows how the risks are coded. Several pre-defined PID matrices have been provided from which we can choose.

Different industries measure risk differently. You can customize your own risk matrices by going to Administer | Enterprise Data and going to the section on Risks | Risk Scoring Matrices.

Tip

Risk management is an area in which P6 excels over most other tools. Proper use of P6 risks guides you to be more...