I do not believe Primavera will be able to deal with the most basic financial resource constraining in a dynamic way.
It can be further complicated if Doubly constrained financial resources are constrained on a periodic basis as well as for the total individual project duration. An example is a total budget with an extra restriction of a maximum limit per period.
The following is a simple case for financial resources where funds become available as some work is performed and billed. It just consider the basic initial cash flow issue.
If expanded to consider investment revenue Primavera will not give you the parameters such as IRR, MIRR, Payback Period and a few others much needed for investment analysis.
You will end up stuck with a fragmented approach unless you use a more advanced tool.
Member for
16 years 3 months
Member for16 years3 months
Submitted by Zoltan Palffy on Tue, 2018-10-09 14:33
to attend the objective, for example the submission of a capital proposal
to avoid fragmented approaches
The first five items can be handled with most CPM tools.
There are different types of criteria (Frame, 2003) which are used to evaluate and prioritize the portfolio components, such as: • financial criteria; • technical criteria; • risc-related criteria; • resources-related criteria (human resources, equipment etc.); • contractual conditions criteria; • experience and other qualitative criteria.
In order for your tool to avoid fragmented approaches it should be able to create CPM based dynamic financial models with financial constraints. It shall use the same engine to calculate risk criteria considering all constraints within same software. It shall give you the financial parameters such as net present value, IRR, MIRR, and payback period. Very few CPM tools provide for such financial models. If you choose the wrong tool you might very well end up still using fragmented approaches.
Please click on the following link for a presentation on how more advanced tools such as Spider Project can satisfy all your requirements without the need of fragmented approaches.
Member for
16 years 3 monthsp6 can be used I have used it
p6 can be used I have used it for billing also
Member for
16 years 3 monthsp6 can be used I have used it
p6 can be used I have used it for billing also
Member for
21 years 8 monthsI do not believe Primavera
I do not believe Primavera will be able to deal with the most basic financial resource constraining in a dynamic way.
It can be further complicated if Doubly constrained financial resources are constrained on a periodic basis as well as for the total individual project duration. An example is a total budget with an extra restriction of a maximum limit per period.
The following is a simple case for financial resources where funds become available as some work is performed and billed. It just consider the basic initial cash flow issue.
If expanded to consider investment revenue Primavera will not give you the parameters such as IRR, MIRR, Payback Period and a few others much needed for investment analysis.
You will end up stuck with a fragmented approach unless you use a more advanced tool.
Member for
16 years 3 monthsthen buy it or use microsoft
then buy it or use microsoft proejct ANY cpm based software will work
Member for
7 years 1 monthThank you,Primavera not
Thank you,
Primavera not available in my organisation unfortunately
Member for
7 years 1 monthThank you,not available in my
Thank you,
not available in my organisation unfortunately
Member for
16 years 3 monthsthe only thing in the world
the only thing in the world that is dynamic and time based sensititive is a cpm schedule. Use Primavera to do this.
Member for
21 years 8 monthsYou mentioned the need of a
You mentioned the need of a tool to:
The first five items can be handled with most CPM tools.
There are different types of criteria (Frame, 2003) which are used to evaluate and prioritize the portfolio components, such as: • financial criteria; • technical criteria; • risc-related criteria; • resources-related criteria (human resources, equipment etc.); • contractual conditions criteria; • experience and other qualitative criteria.
In order for your tool to avoid fragmented approaches it should be able to create CPM based dynamic financial models with financial constraints. It shall use the same engine to calculate risk criteria considering all constraints within same software. It shall give you the financial parameters such as net present value, IRR, MIRR, and payback period. Very few CPM tools provide for such financial models. If you choose the wrong tool you might very well end up still using fragmented approaches.
Please click on the following link for a presentation on how more advanced tools such as Spider Project can satisfy all your requirements without the need of fragmented approaches.