Oracle Unveils Primavera P6 Enterprise Project Portfolio Management 8

Helps Improve Governance and Predictability, Reduce Risk and Optimize Execution

News Facts

· To help organizations improve governance and deliver on their project portfolio investments, Oracle today announced Oracle’s Primavera P6 Enterprise Project Portfolio Management 8.

· By providing the extended enterprise with a governance platform that supports strategic portfolio decision-making, Primavera P6 Enterprise Project Portfolio Management (PPM) 8 helps companies and organizations align their resources consistently with their priorities.

· Now, as a 100 percent Web-based PPM solution, Primavera P6 Enterprise Project Portfolio Management 8 enables faster adoption, global participation and provides a single version of the truth to support decision making. This enables the enterprise to have a comprehensive view of projects of all sizes and complexities to be managed within a single PPM solution.

· Primavera P6 Enterprise Project Portfolio Management 8 supports business intelligence and business process management to help assemble portfolios that are aligned with corporate objectives.

· Primavera P6 Enterprise Project Portfolio Management 8 integrates with Oracle’s Primavera P6 Analytics, Oracle Business Intelligence Enterprise Edition (OBIEE), and Oracle Unified BPM Suite for automation of business processes for enterprise governance. The new release also integrates with the Oracle E-Business Suite and Oracle’s JD Edwards EnterpriseOne.

Enterprise-Wide Project Portfolio Management

· Oracle's Primavera P6 Enterprise Project Portfolio Management 8 is a powerful, robust and easy-to-use solution for globally prioritizing, planning, managing and executing projects, programs and portfolios.

· New capabilities within Primavera P6 Enterprise Project Portfolio Management 8 enable organizations to:

o Align PPM processes with organizational goals and strategies through business process automation, project templates, flexible consumption of PPM data and the consistent application of PPM best practices;

o Leverage application-wide user experience enhancements to increase adoption and deliver complete visibility into projects;

o Reduce risk and increase client and customer satisfaction by consistently achieving project commitments;

o Provide standardized templates and reporting to ensure consistent performance and forecasting metrics; and

o Optimize resource management through performance and scalability enhancements, expanded event capabilities, and a streamlined architecture that is easier to implement.

Supporting Quotes

· “I am very impressed by Oracle’s Primavera P6 Project Portfolio Management 8. The renewed focus on business process and governance will help organizations streamline processes and end-to-end communication, to better meet their customer commitments,” said Stan Sturges, vice president, Collaboration Solutions, Critigen.

· “To optimize the performance of projects, programs and portfolios, organizations need to ensure that users are able to easily and effectively collaborate and communicate within a single project portfolio management solution,” said Joel Koppelman, senior vice president and general manager of Oracle’s Primavera Global Business Unit. “With the release of Primavera P6 Enterprise Project Portfolio Management 8, Oracle is helping remove obstacles from effective project and program decision-making and providing the reports and dashboards needed to elevate key metrics to stakeholders. The solution enables companies and organizations to align their strategy with execution and results, improving both governance and business performance.”

Notes to Editors:

· Oracle Project Portfolio Management

· Oracle Primavera Enterprise Project Portfolio Management

· Oracle Primavera P6 Enterprise Project Portfolio Management 8