Utilities
As Utilities strive to ensure adequate power generation and continuity of service, they are confronted with a myriad of challenges. Among these include growing energy consumption, rising fuel prices, and increased competition in a changing market.
Adding to the complexity of these market dynamics, Utilities must manage several other key challenges:
• Plant expansion and construction (nuclear, wind, water)
• Merger and/or acquisitions due to increased demand
• Regulatory compliance requirements (i.e. Sarbanes Oxley)
• Effects of natural event – shifting populations changes, accidents, weather, emergencies
• Competitive market landscape with new players, due to deregulation
• Major shift toward alternative fuels
• Diminished critical competencies due to loss of skilled labor, while industry deregulation creates competition over a limited labor pool
Primavera is the leading provider of project and portfolio management solutions to the Utilities industry. Primavera enables Utilities to effectively address these challenges as they relate to projects which impact their business. With a single solution, Primavera enables effective project planning and execution for projects of any size or complexity.
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Business plans change to accommodate stronger demands for new services for new markets, adoption of new technologies, and increased competition.
Primavera allows you to evaluate each investment and track its business performance:
• Determine your investment strategy for technology upgrades, expanding plant capabilities, switching fuels, and M&A strategies
• Identify, assess and select initiatives aligned with business objectives
• Select the right set of portfolio’s to improve your competitive position
• Performs “what-if” scenario planning to determine optimal portfolio opportunities
Quantifying project cost and schedule success
Primavera helps you determine confidence levels for project success, while easily identifying contingency and risk response plans:
• Quickly evaluate your schedule maturity and risk readiness
• Perform risk analysis on escalating prices for raw materials, labor services, financing capital intensive projects, effects of proposed regulatory changes, and upgrades in new technology
• Plan for the occurrence of unforeseeable obstacles created by events such as weather, accidents, vendor delays and political or community challenges
• Determine which project is more likely to succeed, ROI, associated costs, and timeframe for a more realistic completion date
Gain alignment with everyone through better communication using the latest information
Primavera helps you align all generators and transmission projects by defining and executing the scope of work for all projects:
• Flexible screens are easily customized to showcase project status, budget, perceived risk, cost variance and a project score
• Ensure continuity of generation through well coordinated expansion, maintenance and outage activities
• Snapshot view of project milestones, with easy to understand graphics and charts
• Ability to quickly drill down to get project details
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Effectively manage your capital expenditures and budget allocations
Primavera’s common database design offers complete project performance visibility:
• View cost and key performance Indicators (KPIs) for all regional projects
• Access all of your project and performance data across business units and regions
• Use dashboards for a snapshot of all cost information to streamline decisions before costs get out of hand
If changes to a project are not resolved in a timely manner, costs can increase
Primavera provides access to critical information in a timely manner with the ability to flag issues, make desired changes, collaborate easily, and manage the results to ensure a successful project:
• Flag issues, make desired changes, collaborate easily, and manage the results
• Access project information to gain status, drill down to the detail, review issues, and make changes on the fly
• Easily customize screens to meet your needs
• Include comments by line item to gain faster resolution
• Anytime, anywhere access for project managers and stakeholders via an easy-to-use web interface
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Lack of skilled personnel requires better utilization of existing resources and better allocation of all subcontractors
Primavera provides the ability to proactively track resource demand and address staffing requirements:
• Optimize your resource utilization through better capacity planning of labor, equipment, and funds
• Centralized data, accessible by everyone on the team, Subcontractors, and others to improve communication, address shortages, coordination of on-site labor, materials, and equipment
• Easily manage a large number of diverse resources across multiple projects
• Quickly monitor critical Earned Value metrics to monitor contractor progress
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