Everyone in project intensive industries know that\u00a0Primavera software<\/a>\u00a0is the standard for effective project portfolio management. However, do you know how it can help your organization manage its project portfolio more effectively? In this blog post, we will discuss 5 ways that P6 will help your organization streamline it\u2019s project management, reduce project costs and increase revenue.<\/p>\n Lets face it, project managers and project controls professionals have tough jobs. They have to decide if it worth it for an organization to include a project in it\u2019s project portfolio. How can Primavera software help them make that choice? Easy. It comes fully equipped with a portfolio management module that prioritizes and assess the strengths and weaknesses of a project portfolio. Factors such as risk, ROI and resource management capabilities are all given to you in an easy to read graphic that helps you assemble the right mix of project portfolios.<\/p>\n There are projects out there that require more than just your standard scheduling program. This is where P6 software comes in to play. Some organizations manage thousands of projects at once and each project could have thousands of activities and unique requirements. That is a complex schedule! EPPM software helps organizations effectively plan and schedule projects with tools such as\u00a0critical path scheduling and\u00a0analysis, resource leveling, capacity planning, baseline analysis, and easy to read views of the work\u00a0breakdown structure (WBS). All of these features are key to managing multiple complex projects.<\/p>\n I can think of two words that will scare executives, project managers and project controls professionals.\u00a0Liquidated Damages.\u00a0<\/strong><\/em>If your project is running behind schedule and does not finish on time, chances are that you are going to have to pay a hefty fee. One of the main reasons that projects do not finish on time is poor resource management.\u00a0You have to have the resources available to complete the job<\/strong>. P6 EPPM software<\/em>\u00a0has a whole module dedicated to resource management. This module includes the ability to level resources and assign resources to activities. Providing the user with access to resource information will help them maximizing the use of a limited pool of resources to help facilitate the completion of projects on time and within budget.<\/p>\n One of the main factors that drives project success is effective communication among project stakeholders, managers and workers.\u00a0Primavera software promotoes organization wide collaboration by\u00a0improving decision-making at the highest level, streamlining project coordination and helping team members be more efficient. P6 Enterprise Project Portfolio management\u00a0helps facilitate communicate from the top down making sure that all project team members have access to the\u00a0most current project information and schedules, which will help eliminate the communication errors that cause project delays.<\/p>\n P6 Enterprise PPM\u2019s analytics and reporting features sets itself above other project management tools. It is able to report and analyze multiple project portfolios at once giving project stakeholders a bird\u2019s eye view of the status of their projects. Understanding the status and analytics of a project is important because it enables an organization to discover exactly where the issues are that are negatively impacting a project, the data and indicators needed to overcome the issue, and the results of the solution to the issue. The project reporting and analytics are all rolled up into a customizable dashboard that lets the user view all of the important information in one spot.<\/p>\n Primavera software is the most effective tool for managing multiple project portfolios and ensuring that they are completed on time and within budget. Are you trying to decide whether to use P6 to manage your organization\u2019s projects?\u00a0Contact MSS Inc. for a FREE software consulation<\/a>\u00a0and we will help you decide whether Enterprise Project Portfolio Management software is right for your company, work with stakeholders to create and implement a scalable solution based on the needs of your organization, and train your staff to be fully competent on the functionality of the software!<\/p>\n1. Choose the right strategic mix of project portfolios<\/h3>\n
2. Plan and Schedule Complex Projects<\/h3>\n
3. Resource management<\/h3>\n
4. Organization wide collaboration and communication<\/h3>\n
5. Reporting and Analytics<\/h3>\n
How can MSS Inc. help your organization?<\/h3>\n