Optimizing the project portfolio oracle Instantis enterprise track and crystal ball - Oracle Primavera P6 Collaborate 14

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The document discusses how Oracle's Crystal Ball software can help optimize project portfolio selection by evaluating large numbers of combinations to recommend the best choice of projects. It provides examples of how Crystal Ball allows automated what-if analysis and optimization to evaluate alternative strategies and tradeoffs more efficiently than manual methods. The software finds optimal project portfolios that balance various objectives such as costs, benefits and risks.

Business

Optimizing the Project Portfolio:
Oracle Instantis Enterprise Track
and Crystal Balland Crystal Ball
Hilary Emmett
Solution Specialist
Session ID#: 15407

Limited resources
What to choose?
Copyright © 2014, Oracle and/or its affiliates. All rights reserved.
What to choose?

Copyright © 2014, Oracle and/or its affiliates. All rights reserved.
Human
Better choice of projects

An Example,
Copyright © 2014, Oracle and/or its affiliates. All rights reserved.
or

Copyright © 2014, Oracle and/or its affiliates. All rights reserved.
or

Is there a weakness in traditional
scoring?
Copyright © 2014, Oracle and/or its affiliates. All rights reserved.

How many combinations?
Find the BEST choice with Crystal Ball
Copyright © 2014, Oracle and/or its affiliates. All rights reserved.
Find the BEST choice with Crystal Ball

Hilary Emmett
Sales Consultant
Copyright © 2014, Oracle and/or its affiliates. All rights reserved.

Agenda
1. Traditional Prioritization Methods
2. Simple Optimization
3. Evaluating alternative strategies
4. The Efficient Frontier
Copyright © 2014, Oracle and/or its affiliates. All rights reserved.
4. The Efficient Frontier
5. Q&A

What about for IT?
Copyright © 2014, Oracle and/or its affiliates. All rights reserved.
or
EPPM rollout
Security System

Copyright © 2014, Oracle and/or its affiliates. All rights reserved.

Copyright © 2014, Oracle and/or its affiliates. All rights reserved.
Human
BEST choice of project

Crystal ball will automatically consider
many combinations and recommend
Copyright © 2014, Oracle and/or its affiliates. All rights reserved.
THE BEST CHOICE.

Let’s see it in action!
Copyright © 2014, Oracle and/or its affiliates. All rights reserved.

A Simple User
Example #1
Optimize
• Export Project Portfolio
data from Instantis
• Manual what-if or waterline
• One click optimization
Copyright © 2014, Oracle and/or its affiliates. All rights reserved.
A Simple User
Experience
• One click optimization

Low training requirements
Automate time consuming what-ifs
Copyright © 2014, Oracle and/or its affiliates. All rights reserved.
Confident and Impartial Decisions
Automate time consuming what-ifs
A Simple User
Experience

Know your
Example #2
Compare Alternatives
• Identify potential portfolios
• Evaluate intangibles
Copyright © 2014, Oracle and/or its affiliates. All rights reserved.
Know your
alternatives

Flexible Decision Making
By-product of basic analysis
Copyright © 2014, Oracle and/or its affiliates. All rights reserved.
Incorporate evaluation criteria that
are difficult to quantify
By-product of basic analysis
Know the
alternatives

Example #3
Efficient Frontier
• Vary resource constraints
• Discover multiple Optimal
Solutions
Copyright © 2014, Oracle and/or its affiliates. All rights reserved.
Understand
Tradeoffs

Incremental value of expanding
resource capacity
Requesting additional resources
Copyright © 2014, Oracle and/or its affiliates. All rights reserved.
Confident and Impartial Decisions
with confidence
Understand
Tradeoffs

Beyond Project Portfolio
ForecastingForecasting
SimulationSimulation
Oracle Crystal Ball Solutions
Copyright © 2014, Oracle and/or its affiliates. All rights reserved.
SimulationSimulation
OptimizationOptimization

Task Tools
•Crystal Ball is a LSS standard for the
Improve phase
“Simulate what-if analysis”
Copyright © 2014, Oracle and/or its affiliates. All rights reserved.
•“Simulate what-if analysis”
•Transfer Function or y = f(x)

The big difference
Manual what if Versus Optimization
Copyright © 2014, Oracle and/or its affiliates. All rights reserved.

Thank You
Copyright © 2014, Oracle and/or its affiliates. All rights reserved.
Hilary Emmett
Hilary.Emmett@Oracle.com

Please complete the session
evaluation
We appreciate your feedback and insight
Copyright © 2014, Oracle and/or its affiliates. All rights reserved.
We appreciate your feedback and insight
You may complete the session evaluation either
on paper or online via the mobile app

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www.seribangash.com A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA: Contents of Memorandum of Association: Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company. https://seribangash.com/article-of-association-is-legal-doc-of-company/ Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent. Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause. www.seribangash.com Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up. https://seribangash.com/promotors-is-person-conceived-formation-company/ Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value. Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA. Importance of Memorandum of Association: Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process. Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations. Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability. External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers. https://seribangash.com/difference-public-and-private-company-law/ Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void. Amendment of MOA: While the MOA lays down the company's fundamental principles, it is not entirely immutable. It can be amended, but only under specific circumstances and in compliance with legal procedures. Amendments typically require shareholder

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1. Optimizing the Project Portfolio: Oracle Instantis Enterprise Track and Crystal Balland Crystal Ball Hilary Emmett Solution Specialist Session ID#: 15407

10. Agenda 1. Traditional Prioritization Methods 2. Simple Optimization 3. Evaluating alternative strategies 4. The Efficient Frontier Copyright © 2014, Oracle and/or its affiliates. All rights reserved. 4. The Efficient Frontier 5. Q&A

16. A Simple User Example #1 Optimize • Export Project Portfolio data from Instantis • Manual what-if or waterline • One click optimization Copyright © 2014, Oracle and/or its affiliates. All rights reserved. A Simple User Experience • One click optimization

17. Low training requirements Automate time consuming what-ifs Copyright © 2014, Oracle and/or its affiliates. All rights reserved. Confident and Impartial Decisions Automate time consuming what-ifs A Simple User Experience

19. Flexible Decision Making By-product of basic analysis Copyright © 2014, Oracle and/or its affiliates. All rights reserved. Incorporate evaluation criteria that are difficult to quantify By-product of basic analysis Know the alternatives

21. Incremental value of expanding resource capacity Requesting additional resources Copyright © 2014, Oracle and/or its affiliates. All rights reserved. Confident and Impartial Decisions with confidence Understand Tradeoffs

22. Beyond Project Portfolio ForecastingForecasting SimulationSimulation Oracle Crystal Ball Solutions Copyright © 2014, Oracle and/or its affiliates. All rights reserved. SimulationSimulation OptimizationOptimization

23. Task Tools •Crystal Ball is a LSS standard for the Improve phase “Simulate what-if analysis” Copyright © 2014, Oracle and/or its affiliates. All rights reserved. •“Simulate what-if analysis” •Transfer Function or y = f(x)

27. Please complete the session evaluation We appreciate your feedback and insight Copyright © 2014, Oracle and/or its affiliates. All rights reserved. We appreciate your feedback and insight You may complete the session evaluation either on paper or online via the mobile app

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