Oracle Enterprise Project Portfolio Management (EPPM)
The oil and gas industry has always been an example of bargaining high risk in pursuit of high reward. Now more than ever, we know the importance of operating efficiencies and cost savings. At MSS Inc., we have had the pleasure of doing business with several companies within this turbulent industry and many have found Oracle’s EPPM beneficial.
In each of our day-to-day lives we are taught the principle of sacrifice. On a small scale, when dieting you give up that freshly baked cookie for an apple, knowing there will be a reward for your efforts.
Unfortunately, with every intention to preserve the bottom line, companies begin to sacrifice project planning and management believing that sacrifice to be necessary. We say- compromise elsewhere! It is about using a smart approach, such as Oracle’s EPPM solutions, that allows a company to reduce costs at the project, portfolio, and enterprise levels.
Owner-operators, contractors, and suppliers working in the upstream petroleum industry must find modern solutions to minimize complications and risk in these vast undertakings, as it becomes a top priority to have all players on a project team work more closely together.
Primavera P6 EPPM gives the project team anytime, anywhere access to their project information through flexible web-based user interfaces. Through business process automation capabilities, users have alternate interfaces including interactive dashboards, web applications, and simple forms to consume role-specific information. In addition, team members can now easily and quickly update status by using any of the three P6 Team Member interfaces that best accommodate their line of work. Interfaces include the P6 Team Member for iPhone application, P6 Team Member Web (which is optimized to run on a tablet), and an email statusing option. Primavera P6 EPPM covers the full project management lifecycle – from project initiation to project closeout. Project team members can easily communicate activity status updates, issue resolution, scope changes and revisions to documents (Oracle).
Many of our customers agree that Oracle EPPM has helped administer the best approach to managing risk and weathering through a time of uncertainty in this industry. For a free demo of Oracle’s EPPM: http://mssprojectsanalytics.com/demos. As they say, an apple a day… As we would say, Oracle EPPM!