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CPM News
CPM Announces the Broadening of its Software Footprint Offerings to Provide a
Complete Project Controls Software Solution
In addition to being an Oracle-Primavera Certified Advantage Partner, CPM is now an
Authorized Representative for the newly released Ares PRISM G2 Cost & Progress and
Estimator software solutions.
The Ares PRISM Cost & Progress provides Cost Analysis, Middleware (Integration between
ERP Financial and Oracle-Primavera P6), and Advanced Earned Value Performance
Management software for a broad spectrum of industries. Ares PRISM Estimator provides high
quality Estimating solutions for the Heavy Civil, Oil & Gas and Mining industries.
The following graphic describes the primary software solutions which CPM represents.
CPM Offers Three Ways to Take Training
CPM offers training the way you need to have it, the way which best suits your
situation. Training certificates are provided to all participants who complete CPM’s Instructor
Led Training and self-paced E-Learning courses.
Regularly scheduled Entry and Advanced level instructor led classroom courses are
conducted in CPM Training Centres in Burnaby, BC, Edmonton and Calgary, AB. Based
on demand, these courses can also be presented regularly in your local city. Please visit
our Training page to view our 2010 schedu
Virtual instructor led training courses are the same as CPM’s training centre instructor
led training courses except for a few differences as described on the Virtual Classroom
page. A significant benefit for virtual training participants is the elimination of travel
costs.
The very popular CPM E-Learning 102 for P6 V7 and, soon to be available, E-Learning
101 for P6 V7 Web Access are web based training (WBT) courses. Due to the self-paced
learning nature of the WBT courses and their ability to be purchased on-line via Pay Pal,
the CPM E-Learning courses have found popularity in many locations around the
world. CPM’s E-Learning participants review the full course curriculum over the Internet
on their own time.
CPM's E-Learning 102 Oracle-Primavera P6 Course Now Offers Paypal
Interest in the CPM E-Learning 102 Oracle-Primavera P6 Course continues to grow around the
world. Since we introduced a Paypal auto payment procedure, users have found the
payment process to be very efficient and they have been very complementary about the online
course. Try a demo of our Oracle-Primavera P6 Basics Online Course.
CPM's E-Learning 102 course includes in-depth content and the convenience of learning at your
own pace. This course is not intended to replace the instructor led courses but to complement
them. They are ideal for people who are interested in refresher courses.
Stay tuned for more E-Learning courses to become available in the near future.
CPM to Exhibit at the Upcoming Global Petroleum Show & Conference In
Calgary
CPM Solutions will be an exhibitor at the Global Petroleum Show & Conference which will be
held at the Stampede Park in Calgary, AB from June 8th to 10th, 2010. Please come and visit us
at Booth #5521.
CPM Solutions adds Really Simple Syndication (RSS) Functionality to its
Website
Really Simple Syndication (RSS) is a way for content publishers like CPM to make news, blogs,
and other content available to subscribers. If you would like to receive automatic updates to
CPM’s web site, please subscribe to RSS's functionality by visiting
www.cpmsolutions.ca/rss.xml
You may need to use the most recent version of your browser in order to access RSS because it
is a feature of more current web browsers.
Ares PRISM
As evidenced in the graphic below, Ares Corporation is more than a software company. In
addition to providing extensive training and implementation consulting services for its clients
around the world, Ares also provides a variety of Value Added Consulting and Engineering
services.
Ares PRISM Highlights
The project controls challenge which Ares software solutions address is:
How best to determine True project status in Real Time.
An efficient project management system must provide:
Early performance assessments
User friendly information
Accurate data collection
Real time data
A World Class Approach to Successful Projects Requires:
Management commitment to the project management tool
Communication across business units and their external resources
Make Earned Value Performance Management (EVPM) a standard from the beginning
Trained and dedicated staff
Ares PRISM G2 Cost & Progress Software Module
The new graphical
user interface based
Ares PRISM G2 Cost
Progress (PCP)
software module
includes Cost
Analysis, Integration
Middleware and
Advanced Earned
Value Performance
Management
functionalities. The
PRISM PCP is truly
the “Gold Standard”
in integrated cost and
earned value Project
Management systems,
empowering
companies to
consistently finish projects on time and within budget.
A significant improvement in the Ares PRISM G2 PCP software is its new graphical user
interface which allows each user to customize his/her workspace.
PRISM Cost Analysis
In addition to both project and enterprise level cost management and reporting, PRISM PCP also
contains the functionality for budgeting, tracking and measuring progress for engineering and
construction tasks and deliverables.
PRISM Cost & Progress Benefits:
PCP lowers project costs by up to 20% through reduced project management labour
costs, increased data integrity and most importantly by providing project managers with
timely data in an organized fashion so they can pinpoint potential problems before they
occur and take appropriate corrective action.
PCP facilitates resource planning and the import of detailed estimates for the project
baseline budget.
Project schedules may be integrated with PCP for the development of the time-phased
budget and over 25 different algorithms may be used for measuring progress.
PCP calculates earned value to facilitate performance measurement, variance analysis,
change control and forecasting project data
PRISM Cost & Progress Integration Middleware
PRISM Cost & Progress (PCP) enables cost and schedule integration with Primavera, Microsoft
Project, and corporate finance and accounting systems including SAP and Oracle.
The PCP Integration Middleware solution addresses the challenge of reconciling many costs at
the multiple project activities levels to the single cost code in the back-end ERP financial
solution. A Many to Many relationship exists between Oracle-Primavera P6 activities and the
Many Activities component in the PRISM Control Accounts. Within PRISM, the reconciliation
between the Many to One occurs. The PRISM Control Accounts forward the One to One
summarized data to the back-end ERP financial system.
This Many To Many, Many To One and One To One Reconciliation is described in the
following graphic.
Ares PRISM Earned Value Performance Analysis
PRISM Cost & Progress (PCP) meets and exceeds all criteria for Earned Value Performance
Management Systems (EVPM) allowing projects to easily comply with government validation
requirements.
What is EVPM?
Collection of management practices used to:
Plan a project’s work scope
Breakdown a project’s work scope into finite pieces which are assigned to a responsible
person or organization
Integrate the work scope, cost, and schedule in a Project Management Baseline (PMB)
Routinely access progress and actual costs
Measure and analyze performance against the PMB
Identify variances to the PMB
Control changes to the PMB
Forecast the project’s outcome
Supports good decision-making
Why Use EVPM?
Because it's becoming a world-wide industry standard
Early Warning System
o Significant variances detectable on any portion of the project when planned work
has reached 10%
Course Corrections
o EVMS determines the cause of performance issues
o Corrective action plan developed
o Found early, problems are relatively small and provide plenty of time for a
recovery plan to work
o It’s
too
late
whe
n
you'
re
next
to
the iceberg
Management by Exception
o Projects segregated by control accounts allows management to locate
performance issues
o Management can focus efforts on areas needing correcting
Communication Tool – helps project personnel understand:
o What is the work scope
o When is the work planned to be accomplished
o What resources are planned to be used to accomplish the work
o What is the estimated cost of the planned work
o What is the progress of the work; how much work has been accomplished
o How much does the accomplished work vary from the plans
o What are the reasons for the significant variations
o What will be done to correct or mitigate the significant variations
o What changes have we made to the plan
o When is the project forecast to be completed and what will be the final cost
Communication
o Stifled when problems are hidden
o Backfires when there is an expectation that problems will fix themselves
o EVMS exposes and communicates problems
Earned Value Process
Earned Value Performance Management Data Flow
This graphic describes
PRISM’s PCP
dataflow between the
Technical
(Estimating), Cost
and Schedule
components of project
controls management
leading to the
generation of Earned
Value Performance
Management Reports.
Oracle / Primavera
Oracle-Primavera Announces Increased Functionality in P6 V7 Web Access
Oracle-Primavera P6 V7’s Web Access software module now includes 95% of the P6v7
PowerClient functionality. This means P6 power users can now realistically use Web Access to
not only update their projects but to help manage them in real-time. P6 V7 Web Access now
makes excellent use of screen real estate as described below. Users familiar with P3 functionality
will find this feature particularly useful.
Oracle-Primavera P6 V7 Web Access Improves Efficiency Allowing Less
Expensive Remote Access to PM Database
The major importance of P6 V7 Web Access improvements is its ability to allow users to use
the web based Primavera software module to help manage projects in real-time all around the
world. This means that remote users are no longer required to use the more costly and
challenging Citrix remote access functionality to access a centralized multi-project database.
Many organizations currently manage their multiple business units using different solutions as
described below. This discord among systems often gives rise to many inefficiencies and project
failures
The P6 V7 Web Access software module now facilitates the easier deployment of an enterprise-
wide IT and project management software functional solution for multiple divisions or business
units all managing their own projects with their own Work Breakdown Structures and all having
their respective data roll up in the enterprise allowing corporate-wide visibility to projects
progress and problems.
VisionMonitor
VisionMonitor Announces Real-Time Environmental Performance Solutions
Designed to meet the needs of the most data intensive operating environments, VisionMonitor’s
Real‐Time Environmental Performance solutions utilize the latest iteration of Microsoft
technologies such as SharePoint and SQL Server for optimizing operational efficiencies while
assuring corporate environmental risk management. VisionMonitor Real-Time Environmental
Performance Solutions also enable organizations to track and manage allowances, renewable
energy credits, offsets, reduction targets, and trades in order to effectively predict future
performance and derive as much value as possible from environmental assets, both now and in
the future. Please visit our VisionMonitor page for further information.
eTimeMachine
eTimeMachine.com Inc. is recognized as a leader in enterprise project management solutions.
eTimeMachine combines its rich resource and work management, project and activity costing,
operational compliance and integration functionality with other best-in-class systems to collect,
integrate and consolidate all resource, project & activity related data from across the enterprise to
achieve corporate-wide success.
Upcoming Courses
Course Start End Location
102: P6 Basics
Apr 13
May 10
June 7
June 21
Apr 15
May 12
June 9
June 23
Edmonton
Edmonton
Burnaby
Calgary
106: P6 Advanced (Prerequisite - Course 102)
May 13
June 10
June 24
May 14
June 11
June 25
Edmonton
Burnaby
Calgary
CPM300: P6 for Plant Maintenance and Turnarounds June 22 June 25 Edmonton
Please visit our Training page to view the complete 2010 schedule including times and locations
for all CPM Solutions courses. Please note that if you do not see a scheduled course in the
timeframe which you would like to attend, please contact us as we continually conduct non
scheduled courses that you may want to attend.
If you have any comments about our e-Newsletter and/or our web site or if you have any
questions regarding how enterprise-wide project controls focused software solutions might help
your business, please contact Duncan Finnigan, Vice President, Sales and Marketing at Tel: 604
294 1577 EXT 118, E-mail: [email protected].