Oracle Introduces Oracle Primavera Portfolio Management 8

To help organizations chart the most efficient course to maximize the enterprise value of investments such as capital projects, software and systems development, new acquisitions and products, Oracle today announced the availability of Oracle's Primavera Portfolio Management 8 (www.oracle.com/us/products/applications/042375.htm) .

The new release enables organizations to intelligently govern the selection of the optimal project or other investment portfolios, and successfully execute on all the selected projects and investments.

New management and analysis capabilities within Oracle’s Primavera Portfolio Management 8 increase an organization’s ability to proactively identify risks, analyze their impacts and take appropriate action through easily accessible data comparisons and trending analysis.

Primavera Portfolio Management 8 provides organizations with transparency into why portfolio investment choices were made, as well as visibility of progress and achievement of those investments.

Oracle’s Primavera Portfolio Management 8 is the leading portfolio management software solution, providing unmatched versatility for enterprise portfolio management.

New capabilities within Oracle’s Primavera Portfolio Management 8 provide organizations with:

Tighter metric thresholds provide earlier warning signs when investments are not performing as expected, enabling organizations to proactively adjust their plans. An earlier understanding of which investments are not performing well enables organizations to more quickly deploy additional resources to improve low-performing portfolio investments, or delay or cancel those initiatives and move resources to other efforts to maximize return on those investments.

The new release features improved scalability and performance of the analytics server.

Expanded integration through the Primavera Portfolio Management Bridge to Oracle's Primavera P6 Enterprise Project Portfolio Management (www.oracle.com/us/products/applications/042373.htm) supports new options to summarize data for improved portfolio management, creating an end-to-end enterprise portfolio management solution that manages multiple types of investments including projects.

“Organizations are under pressure to ensure that they are not only spending money on the right things, but also flawlessly executing on those investments,” said Joel Koppelman, senior vice president and general manager, Oracle’s Primavera Global Business Unit. “With the launch of Oracle’s Primavera Portfolio Management 8, Oracle is effectively delivering an enterprise portfolio ‘GPS’ that gives organizations the information and capabilities they need to optimize both the selection and management of any type of investment. This is a very powerful combination that helps ensure that organizations maximize the value of their portfolios of investments.”