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LEOPARD PROJECT CONTROLS
P6
WHAT IS REFLECTION IN PRIMAVERA P6 AND HOW TO USE IT?
Primavera P6 is one of the most popular project management software in the construction industry. It offers a range of features that enable project managers to effectively plan, schedule, monitor, and control their projects. One of the most useful features of Primavera P6 is the ability to create and manage reflections. In this article, we will discuss reflection in Primavera P6, the importance of this feature, and how it can be used to improve project management. What is Reflection in Primavera P6? Reflection in Primavera P6 is an essential snapshot of a project’s schedule at a particular point in time. [...]
Estimate to Complete (ETC) Calculation in P6 with Different Scenarios
Earned Value Management (EVM) offers project KPIs, which in turn help in the estimation of the balance cost to complete. Therefore, EVM is the best tool for project cost control. Regarding Earned Value Analysis, Oracle Primavera P6 calculates most of the values automatically for a resource-loaded schedule. Estimate to Complete (ETC) calculations require some user inputs to best relate to the project situation and the forecast. Estimate to Complete (ETC) is the remaining cost required to complete the project. This cost can not be calculated based on a single mathematical formula only and requires an actual depiction of the project [...]
Everything You Want to Know About the New Primavera P6 Version 20.12
Primavera P6 Version 20.12 Has Much to Offer Oracle released its Primavera P6 version 20.12 in December 2020, and it has not disappointed its users. The newest version is rich with product enhancements and elements of interest that users had previously requested. This article will address the updates in a picturesque and easily explainable format. Primavera P6 Version 20.12: The Login Screen and Database Configuration At the very beginning of configuring and logging into the new Primavera P6 version 20.12, you will notice that the database configuration wizard is absent. The database configuration wizard conveniently walked the user through [...]
Primavera P6 Rate Types and How to Use Them
Introduction to Primavera P6 Rate Types Primavera P6 allows the user flexibility when it comes to rate types and types of project costs. Project teams may run into situations where different rate types are necessary depending on the type of project that is being set up. For example, one project schedule may require internal costs only, while a proposal project schedule may require an external rate that includes fees and other associated costs in the project. Primavera P6 allows the project team to assign up to five different rate types to assignments in the project schedule. In addition, any [...]
Primavera P6 Top-Down Estimation Process
Introduction to Primavera P6 Top-Down Estimation Primavera P6 contains a unique feature that allows the user to break down budgets into dispersed components by WBS and tasks throughout the project schedule. Projects will be allocated for a specific budget, and with this assigned cost, the Primavera P6 user will need to distribute the costs throughout the project schedule to specific tasks. Primavera P6’s top-down estimation feature helps the user quickly assign the budget for labor and non-labor based on weights per WBS and task. This article addresses how to use the Primavera P6 top-down estimation feature, which can be [...]
Using Primavera P6 Steps
Introduction to Primavera P6 Steps Primavera P6 offers a unique feature that allows the user to break down activities into smaller components to track the completion of tasks in the project schedule. The smaller components are known as steps, and several steps can make up the total completion of a single task. There is no requirement for the number of steps to be defined for each task, as each scheduled task may contain varying numbers of individual steps. Each Primavera P6 step is predefined and weighted by a percentage of the total of the task. Weighted steps track the [...]
