Learn Oracle Primavera P6 EPPM R8 in 10 Mins

Summary

In this 10-minute demo, Peter Smith from valantic introduces Oracle Primavera P6 EPM, guiding viewers through the project life cycle from initiation to closing. The software streamlines project initiation, portfolio analysis, capacity planning, and strategic alignment. It offers a flexible scheduling engine, resource management, and analytical tools for quality assessment. Oracle Primavera P6 also supports execution tracking, issue management, and real-time reporting for enterprise-wide visibility. The demo concludes with an invitation to explore valantic's consulting services for strategic assessments, implementation, and training.

Takeaways

• 📝 Oracle Primavera P6 EPM is a project management software that follows the project life cycle from initiation to closing.
• 📋 The software uses a project initiation form to capture key project information, which includes strategic program costing and resource needs.
• 🔍 Workflow approval processes are utilized for initiating phase to ensure projects align with corporate strategies.
• 📊 Oracle Primavera P6 provides portfolio analysis and capacity planning to forecast resource needs for potential projects.
• 🛠️ The activity screen is a familiar interface for schedulers, allowing easy data entry with the WBS and milestones.
• 🔄 The scheduling engine is flexible and powerful, suitable for both complex and simple project schedules.
• 📈 Resource assignment can be done bottom-up, with the ability to search for specific resources based on role and proficiency.
• 📊 The team usage chart in Oracle Primavera P6 offers a visual representation of resource usage on a project.
• 📝 Resource allocation can be analyzed in detail using the resource analysis module, which includes stacked histograms and pie charts.
• 📊 The planning resources module allows for a top-down approach to resource assignment and can be exported to a spreadsheet.
• 🔒 During project execution, Oracle Primavera P6 tracks issues, documents, and risks in a project-centric workspace.
• 📊 Dashboards and reports in Oracle Primavera P6 provide real-time graphical displays for project monitoring and early warning indicators.
• 📚 Oracle's Business Intelligence Publisher comes with standard reports for portfolio, project, and detailed levels, including earned value.
• 🔄 Post-project completion, Oracle Primavera P6 allows saving project templates for lessons learned and accurate archival of project information.
• 🔧 Valantic offers consulting services for strategic assessments, implementation, process optimization, change management, and training in various formats.

Q & A

Who is presenting the Oracle Primavera P6 EPM demo?

The presenter of the Oracle Primavera P6 EPM demo is Peter Smith from Valantic.

What is the purpose of the project initiation form in Oracle Primavera P6?

The project initiation form in Oracle Primavera P6 is used to initiate projects by filling in key information related to the project's strategic program, costing, and resource needs, which is then passed through a workflow approval process.

How does Oracle Primavera P6 help in aligning projects with corporate strategies?

Oracle Primavera P6 allows users to view their projects across the portfolio and assess how they strategically align with corporate strategies through a graphical view or a scorecard fashion.

What is the significance of capacity planning in the initiating phase of a project in Oracle Primavera P6?

Capacity planning in the initiating phase helps determine the number of people and types of roles needed to take on the projects, allowing users to forecast the capacity needs for potential projects.

What is the role of the activity screen in scheduling within Oracle Primavera P6?

The activity screen is where users enter most of their data, including the work breakdown structure (WBS), milestones, and different activities, making it easy to input information into the project schedule.

How does Oracle Primavera P6 handle the scheduling engine?

Oracle Primavera P6's scheduling engine is flexible and powerful, suitable for both highly complex large schedules with thousands of activities and smaller, simpler schedules.

What features does Oracle Primavera P6 offer for analyzing the quality of a schedule?

Oracle Primavera P6 offers features such as 'check schedule' which allows running analytical schedule features to analyze the quality of the schedule based on predefined thresholds like logic negative lag, positive lag, etc.

How does resource assignment work in Oracle Primavera P6?

Resource assignment in Oracle Primavera P6 involves selecting an activity and either rolling the resource, searching for a resource, or requesting a resource based on their role and proficiency.

What tools does Oracle Primavera P6 provide for resource usage analysis?

Oracle Primavera P6 provides tools like the team usage chart, resource analysis module, and planning resources module to analyze resource usage in various formats such as stacked histogram, pie chart, or area chart.

How does Oracle Primavera P6 support tracking project progress and information during the executing phase?

Oracle Primavera P6 supports tracking project progress and information through a project-centric workspace that includes tracking issues, documents, and risks, as well as progress updates via a to-do list or timesheet manner.

What reporting and dashboard features does Oracle Primavera P6 offer for real-time information viewing?

Oracle Primavera P6 offers dashboards and reports that allow for real-time information viewing in a graphical display, providing early warning indicators and visibility across the entire enterprise. It also includes Oracle's Business Intelligence Publisher with standard out-of-the-box reports.

What types of consulting and technical services does Valantic offer for Oracle Primavera P6?

Valantic offers consulting services including strategic consulting for assessments, developing requirements for project systems, and developing roadmaps for growth opportunities. They also provide implementation services such as process optimization, change management, user adaptation, software installation, and various training options. Additionally, they offer technical services like ERP system integration, cloud management, and development of custom apps and interfaces.

How can one reach out to Valantic for more information on Oracle Primavera P6 or their services?

To reach out to Valantic for more information on Oracle Primavera P6 or their consulting services, one can visit their website at www.valantic.com or use the link provided in the description below.

Outlines

00:00

🚀 Oracle Primavera P6 EPM Overview and Project Initiation

In the first paragraph, Peter Smith from Valantic introduces a 10-minute demo of Oracle Primavera P6 EPM, an enterprise project management software. The demo agenda follows the project life cycle, starting from initiation to planning, execution, control, and closing. The software utilizes a project initiation form for capturing key project details, including strategic alignment, costing, and resource needs, which are then passed through a workflow approval process. The demo also showcases how to view and analyze projects within a portfolio, capacity planning, and scenario planning to select the right mix of projects to proceed with. The paragraph concludes with an introduction to the activity screen, which is central to data entry in the software, and the basic scheduling engine's capabilities.

05:01

📊 Advanced Scheduling and Resource Management in Oracle Primavera P6

The second paragraph delves into the advanced features of Oracle Primavera P6 for scheduling and resource management. It describes how to organize projects within an enterprise structure and enter data into the activity screen using the work breakdown structure (WBS) and milestones. The paragraph highlights the flexibility and power of the scheduling engine, which can handle both complex and simple schedules. It also covers how to edit information from the Gantt chart, create custom views, and use analytical features like 'check schedule' for quality analysis based on predefined thresholds. The resource assignment process is explained, including bottom-up planning, resource selection, and assignment, along with cost calculation based on resource rates. The paragraph also introduces the team usage chart for visualizing resource allocation and the resource analysis module for a detailed view of resource usage across projects. It concludes with information on the executing phase, including tracking project information, progress updates, and the use of dashboards and reports for real-time information visibility and collaboration.

Keywords

💡Oracle Primavera P6 EPM

Oracle Primavera P6 EPM is an enterprise project management software that helps organizations plan, manage, and execute projects. It is the main focus of the video, as the presenter, Peter Smith, demonstrates its features and capabilities. The software is used to initiate, plan, execute, control, and close projects, following the project life cycle.

💡Project Life Cycle

The Project Life Cycle refers to the series of phases that a project goes through from its start to its completion. In the video, it is mentioned as the framework within which Oracle Primavera P6 operates, encompassing the initiating, planning, executing, controlling, and closing phases.

💡Workflow Approval

Workflow Approval is a process within Oracle Primavera P6 that involves reviewing and approving project initiation forms and other project-related documents. It ensures that projects align with strategic goals and is part of the initiating phase in the project life cycle.

💡Portfolio

A portfolio in the context of project management refers to a collection of projects managed by an organization. The video discusses how Oracle Primavera P6 allows users to view and analyze their projects across the portfolio to ensure strategic alignment and capacity planning.

💡Capacity Planning

Capacity Planning is the process of estimating and managing the resources required to complete projects. In the script, it is mentioned as a feature of Oracle Primavera P6 that helps organizations determine the number of people and types of roles needed for new projects.

💡What-if Planning

What-if Planning is a scenario analysis technique used to explore different potential outcomes by changing variables in a model. The video script describes how Oracle Primavera P6 enables users to perform what-if analysis by adjusting start and end dates and running filters to select the right mix of projects.

💡Work Breakdown Structure (WBS)

The Work Breakdown Structure (WBS) is a hierarchical decomposition of the work involved in a project. It is a fundamental component of project scheduling in Oracle Primavera P6, as it organizes tasks and activities, making it easier to manage and track project progress.

💡Scheduling Engine

The Scheduling Engine in Oracle Primavera P6 is the core functionality that allows users to create and manage project schedules. It is described as being flexible and powerful, capable of handling both simple and complex project schedules.

💡Resource Allocation

Resource Allocation in project management involves assigning the necessary resources, such as personnel and materials, to specific tasks or activities. The video script explains how Oracle Primavera P6 facilitates resource allocation, including the ability to search for specific resources and assign them to project tasks.

💡Earned Value

Earned Value is a project management technique that measures project progress and cost performance. Although not explicitly mentioned in the script, it is implied as part of the reporting features of Oracle Primavera P6, which can help organizations assess project efficiency and profitability.

💡Dashboards and Reports

Dashboards and Reports in Oracle Primavera P6 provide real-time graphical displays of project information, allowing for quick insights and decision-making. The script mentions how these features can be customized and used for early warning indicators and visibility across the entire enterprise.

💡Business Intelligence Publisher

The Business Intelligence Publisher is a feature of Oracle Primavera P6 that allows for the creation and automation of reports. It is mentioned in the script as including 38 standard out-of-the-box reports, which can be scheduled and emailed to stakeholders, enhancing communication and project oversight.

Highlights

Introduction to Oracle Primavera P6 EPM and the 10-minute demo by Peter Smith from valantic.

Overview of the project life cycle stages covered in the demo: initiating, planning, executing, controlling, and closing.

Use of a project initiation form for capturing key project information and strategic program costing and resource needs.

Workflow approval process for project initiation and alignment with corporate strategies.

Graphical view and scorecard for portfolio analysis and strategic alignment.

Capacity planning for new projects and resource forecasting across the portfolio.

What-if scenario planning for project start and end dates and filters by different user types.

Organization of projects in an Enterprise project structure and scheduling with the activity screen.

Familiarity of the activity screen with schedulers, including WBS, milestones, and activity relationships.

Basic scheduling engine functionality of Oracle Primavera P6 for creating and managing project schedules.

Customization of views and filters for project analysis tailored to user needs.

Advanced scheduling features like check schedule for analytical schedule quality assessment.

Bottom-up planning approach with resource assignment and allocation.

Team usage chart for visualizing resource allocation and identifying over-allocations.

Resource analysis module for in-depth examination of resource usage and allocation.

Top-down resource planning and allocation at a high level with percentage distribution.

Execution phase tracking of project information, issues, documents, and risks in a project workspace.

Progress tracking and updates through various means like to-do lists, mobile apps, and progress reporters.

Oracle Primavera P6 dashboards and reports for real-time information and early warning indicators.

Customization of corporate dashboards and role-based dashboards for efficient information access.

Oracle's Business Intelligence Publisher for automated reporting and distribution.

Services offered by valantic, including strategic consulting, implementation, process optimization, and training.

Technical services for integration, cloud management, and custom app development.

Contact information for valantic and their consulting services for Oracle Primavera P6.

Transcripts

welcome to learn Oracle Prim Vera P6 EPM

in 10 minutes my name is Peter Smith

with valantic and I will walk you

through the 10-minute demo

today the agenda for the demo will

follow the project life cycle of

initiating phase planning phase

executing control and closing Project

Life

Cycle the software uses a project

initiation form to initiate projects

where people fill in key information

related to the project strategic program

costing and resource needs which is

passed through a workflow approval

during the initiating phase workflow

approval process look at your projects

across your portfolio and how they

strategically align with your portfolio

and corporate strategies do it within a

graphical view or a score card fashion

shown in the

bottom in addition to looking at your

portfolio an analysis like this you're

able to look at the capacity planning

needs to take on these initiating

projects how many people and what type

of roles are you going need to fill

these

projects Oracle Prim Vera P6 allows you

to look at all your projects across your

portfolio and forecast the capacity

needs for potential projects and do

Whata if Planning by moving start and

end dates and running filters by

different user types or different what

is scenario planning of your own to pick

the right strategic mix of projects to

move forward forward

[Music]

with organize your projects in an

Enterprise project structure select the

appropriate one and get

scheduling the activity screen is where

you're going to be entering in a lot of

your data the activity screen is going

to be familiar to a lot of schedulers

with the WBS or work breakdown structure

Milestones the WBS cat in different

activities and so on easily enter

information into your project schedule

by pressing the insert button creating a

new activity naming your activity

setting a duration for

it and then establishing relationships

between other

activities and scheduling it out this

will give you a feel for how the basic

scheduling engine of Oracle Prim Vera P6

Works edit the information from the Gant

chart as

shown or enter the information into the

tabs at the bottom such as the general

tab where you can enter into a plan

duration for

example the scheduling engine is very

flexible and Powerful whether you're

working with a highly complex large

thousand activity schedule or a smaller

simple schedule create columns sort by

filters and also create your own

userdefined View use so you can really

look at a project by the way you want to

look at

it here's an example of a more

sophisticated layout where you're

comparing the schedule and the

Baseline and if you're a really Savvy

scheduler Oracle Prem Vera P6 has

features such as check schedule which

will allow you to run analytical

schedule

features and really get some analysis on

the quality of your schedule based on

some thresholds you define within the

system such as logic negative lag

positive lag and so

on now building your schedule here youve

set durations now assigning resources

this is an example of bottomup planning

here of selecting activity and selecting

either roll resource or search or

request a resource as shown

here requesting a resource allows you to

search for specific resources based on

their role and

proficiency once you've loaded in your

resources you'll be able to see in your

assignment tabs all the resources that

are assigned to this and you'll be able

to assign it 100% for the plan duration

of it enter in specific units which will

ultimately calculate an add completion

cost cost based on that resource's

hourly

[Music]

rate take a look at the team usage chart

within P Oracle Prima P6 and you can get

a good view of the resource usage on

your project in histagram

view not only can look at the whole team

but drill into individual resources and

look at their usage see areas that are

overallocated

drill into the

areas not only across this one project

but all the

projects and look at the items and take

corrective action from there or email a

project manager who is in charge of that

resource to do

so if you want to look at items in more

of a task or assignment list you can

view resources and all the activities

they've been assigned to grouped by

resource shown here and on the right the

hours per week in which they're

allocated

take a real analytical look at the

resource allocation with the resource

analysis

module look at resource uses in a

stacked histogram or pie chart area to

get a good idea of where resources are

spending their time and then take

corrective action if needed to plan

resources out

in the planning resources module you can

take more of a top- down approach by

selecting a project and assigning a

resource at a high level as a percentage

of their time allocated to this or

across the life of the

project you can also export this View to

a spreadsheet

during the executing phase of your

project track important project

information such as issues documents and

risk rolled up in a project workspace as

shown here which is Project Centric

[Music]

information track the progress and

collect easy progress updates through

number of means team member tracks it

like a to-do list and is also available

on a mobile

device or track your progress in a time

sheet manner with progress reporter

where you're tracking the hours for each

activity on a daily

basis or email your updates and update

your project conveniently from your

[Music]

outlook Oracle Prim Vera P6 dashboards

and reports allow you to roll up

information and view it real time in a

graphical display this will allow you to

get early warning indicators of projects

and have visibility across your entire

Enterprise take these reports print them

out and bring them to meetings as well

for easy

collaboration you can have corporate

dashboards as shown

here and you can easily customize your

corporate dashboards

ro-based dashboards are available for

each user with specific information to

the projects they are working

on hyperlinks to their specific projects

allow for efficient access to

information that is close to

them Oracle Prima P6 comes with oracle's

business intelligence publisher comes

with 38 standard outof thee boox reports

allows you to report the portfolio level

project level and down to the detailed

level

also report on Project's earned

value automate your reports by

scheduling them weekly to rent and email

out your distribution

[Music]

list once your project is complete save

it as a template for Lessons Learned and

accurate archival of project

information if you'd like to learn more

about Oracle Prim Vera P6 or valantis

consulting services for Oracle PR P6

please reach out to us we have

Consulting Services involving strategic

Consulting for assessments developing

requirements for project systems or

developing road maps pointing out

opportunities for growth in areas we

also offer implementation services to

help process optimization change

management user adaptation installation

of the software as well as training

on-site training virtual training and

training on demand so you can train at

your convenience also wide variety of

technical services such as integration

into Erp systems Cloud management and

development of custom apps and custom

interfaces for you to help you be

successful with your

[Music]

application if you'd like to contact us

visit us at the web at

www.van.com there's a link in the

description below thank you for watching

I hope this was helpful