10 Fundamental Steps of Earned Value Management
In the aerospace and defense industry, adopting an earned value management (EVM) approach to achieve success has become more important than ever before. Yet, EVM doesn't have to be difficult to understand or employ. Oracle has achieved an effective and streamlined formula that works for all projects—not just major, complex systems—by distilling the formal criteria of EVM into 10 fundamental steps that constitute a simplified form of EVM called earned value lite. In this informative video, learn how the implementation of these 10 steps can help your organization reap the rewards of EVM and give you the visibility you need to complete your projects on time and within budget.
Track Project Financial Performance with Oracle Primavera Contract Manager
Oracle's Primavera Contract Management is a leading solution used by project owners, contractors, and subcontractors for project financial control. Contract Management also provides flexible and easy to use work flows so that project participants understand exactly what they need to be working on, avoiding delays and overruns.
See how the Contract Management Dashboard helps to facilitate working with and managing project information, including:
- Working within the PCM Contract Information Folder
- Cost Worksheets
- Contracts (budgeted and committed)
- Purchase Orders
- Payment Requisitions
- Change Management
- Procurement Module
This video also covers how all of this information relates back to the cost worksheets, which are the financial overview display tool to track the financial performance of your project.
Risk Analysis and Management
This recorded Risk Analysis webinar:
- Defines the standard project management risk process, including risk planning, risk identification, qualitative risk analysis, risk response planning, and risk monitoring and control.
- Covers Monte Carlo Analysis, Three Point Estimate, and Risk Register.
- Demonstrates modeling risk in project management, and managing uncertainty and external risk.
Costbridging - How Integrating Oracle Primavera with Accounting Makes EV Plausible
Josh Crawford (Director of Project Controls for Picerne Military Housing) and Stephen Cole (CDP development partner) discuss how Picerne uses Primavera P6 and specific business needs the company had regarding performance tracking and measurement through cost and earned value. This video also dicusses the technical components of the project, including how Timberline Accounting was integrated with Primavera P6.
