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Strengths of Primavera P6

Primavera P6 is a project management software used by over 75,000 companies worldwide to plan, schedule, and manage complex projects. It uses critical path methodology to plan project activities and allocate resources. Primavera P6 integrates project schedules with financial planning and can produce reports required for financial auditing. It allows multiple users to access centralized project data simultaneously. While flexible, Primavera P6 typically requires specialized configuration and setup.

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104 views3 pages

Strengths of Primavera P6

Primavera P6 is a project management software used by over 75,000 companies worldwide to plan, schedule, and manage complex projects. It uses critical path methodology to plan project activities and allocate resources. Primavera P6 integrates project schedules with financial planning and can produce reports required for financial auditing. It allows multiple users to access centralized project data simultaneously. While flexible, Primavera P6 typically requires specialized configuration and setup.

Uploaded by

hashim malik
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Primavera P6

Primavera P6 is a database system that codes and records the logic networks on complex scopes of work.
It records the agreed project contracts dates.

The combination of powerful critical path analysis and customizable coding structure makes Primavera P6
the most common engineering and construction planning and execution tool.

The result is that Primavera P6 is the preferred project management software used by over 75,000
companies worldwide to manage projects, programs, and portfolios.

The fact that the software is so common in the process and heavy industrial engineering means that the best
paid and most experienced project planners tend to use Primavera P6.

If you work in this area or would like to get into this area, P6 skills are helpful.

Strengths of Primavera P6
Legal

Primavera P6 has a history of been used in courts around the world to document and defend project pay
claims and progress disputes. Also, Primavera is required legally in some projects or countries as part of
the regulations. This legal precedent means that the critical path method of project planning is generally
done in P6.

The construction industry is a very litigious one. Projects seldom go to plan and when changes occur there
are often costly disputes that can end up being settled in court or by arbitration.

Many contractors’ baseline and update their construction schedules as part of a way to gather back up
evidence in case of a dispute. As P6 is linked to a database, the information can be securely stored.

Project dispute resolution and pay claims is a specialty field of project planning and Primavera P6 data is
generally used create the analyses that support the claims.
Financial

P6 allows the project budget to be integrated into the execution strategy and managed as the work
progresses. It acts as the connection between the projects financing strategy and the project’s execution
strategy.

Project decision makers often come from corporate finance and business operations backgrounds.
Primavera P6’s ability to interface into financial systems and produce reports that align with financial
reporting requirements is a very important feature on some projects.

Often, a large project represents the most important step in a company’s future strategy. This means that
the highest levels of the company, the major shareholders, the employee representatives and even affected
politicians are all looking at the project and its current progress.

The ability to tie the financial strategy to the execution streaty is an important feature.

Portfolio Management

Primavera P6 is hosted on a SQL server. This means that many participants can access the database at the
same time and perform specialized tasks. Projects can be divided and stacked into hierarchies that match
the organization’s structure. The ability to have all the information in one source is useful in reporting
efficiency, cost analysis, and risk management.

The portfolio management aspect of P6 has been further enhanced through 100% online accessibility. This
allows approved users anywhere in the world to log on and access P6 schedule data.

It’s worth noting that while the Primavera P6 technology is very flexible, the solutions that Oracle provide
do not work right out of the box. The actual integration and setup of Primavera P6 is typically done by a
third party IT specialist.

Technical

P6 uses a critical path method scheduling algorithm for sorting project activities. The actives can then be
resource loaded and coded to create a wide range of reports.

Activities can be scheduled according to resource restrictions and complex shift calendars can be included
in project plans.

Many other software packages have aspects of critical path method scheduling but also allow unlinked
activities to be placed as more of an illustration tool.

Primavera P6 is a pure calculation engine and requires the activities to be sequentially linked. The only
other alternative is to mandate the activity start or finish, this is generally frowned upon as a project planning
practice, as too many constraints can invalidate the critical path.
Uses of Primavera P6
Capital Project

P6 is used to manage the execution timeline and the cost and resource estimates for one off capital projects.

It is typical for capital projects to move though a number of executive approval gates as the project moves
from conception to execution.

The client group will typically manage the project and integrated the schedules and other project data from
the project contractors and suppliers.

This repository of information can be used to make project decisions.

Ongoing maintenance

P6 can be used to schedule and manage ongoing maintenance work on a facility of network such as a wind
farm or electricity grid.

Turnarounds

High risk, large impact projects that fit into a plants shut down schedule.

The work is carefully planned and managed and communicated as any delay has a huge per day cost impact
on productivity.

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