The name of the base system (platform): | Oracle Primavera Prime |
Developers: | Oracle |
Date of the premiere of the system: | 2014/07/08 |
Oracle Primavera Prime Capital Plan Management - commercial the solution module for development and management of long-term plans of capital investments, is created within the Oracle Primavera Prime PPM complex.
On July 8, 2014 the Oracle corporation announced the beginning of sales of Oracle Primavera Prime Capital Plan Management.
A system is created for satisfaction of pressing need of the companies and expansion of support of crucial business requirements on management of a portfolio of projects (Project Portfolio Management, PPM).
The solution Oracle Primavera Prime Capital Plan Management uses possibilities of Oracle Primavera Prime for the help to the organizations in development and management of the long-term plans of capital investments which are strategically approved with business for the purpose of the maximum improvement of financial results.
Main opportunities of the module Oracle Primavera Prime Capital Plan Management
- Budget planning — allows heads and specialists in planning of capital investments to select budgets, to check and review annual budgets depending on the purposes, to recommend priorities and to model strategy for requirements management of long-term planning of capital investments.
- The management of a project startup — allows to consider key concerned parties offers on new projects; supports planning both for active projects, and for the planned projects.
- Calculation of project costs — allows project managers to manage with ease step-by-step (distributed on time) costs planning on projects, from their start and before end.
- Selection of projects — supports process of prioritizing and selection of projects, allowing specialists planners to create a portfolio of capital investments which can be balanced and configured on a number of characteristics, such as location, project type, ratio of risk and profitability.
- Business process management — provides the configured forms and workflows for simplification of accomplishment of planning process of capital investments.
- Strategic approval and compliance to requirements — provides coordination and compliance to priorities of the company, providing means of the reporting and control monitoring of project implementation for support of achievement of business objectives of the company, control of project implementation on the basis of predefined threshold indicators, cost forecasting and risk mitigation.
- Monitoring of a portfolio of projects — allows specialists in planning of capital investments to enter with ease, if necessary, operational and strategic changes in the scale of a portfolio of projects, providing transparency and accountability of budgets and diagrams of project implementation.
- Possibilities of joint work — facilitate interaction between project managers, planners and key concerned parties during important discussions and approvals of the budget and also throughout project lifecycle of capital investments, using the built-in workflows and functions of mailing of notifications and the organization of discussions.
- Integration into Oracle Primavera P6 helps to consider the general features, parts and "time factor" in each solution, connected with accomplishment of the budget, expenditure of means and an adherence to deadlines.
- Support of mobile work — Oracle Primavera Prime Capital Plan Management helps to use freely mobile devices, and does not require for this purpose additional applets or the connected modules.