There are a lot of project management software tools to choose from, and there are a few that truly seem to dominate the space, like Oracle’s Primavera P6. How can you find the project management solution that fits your organization, project and the way your team works? The first thing to do is understand what these tools are and the feature set they offer.
Primavera P6 is the product of the multinational computer technology corporation Oracle. For such a well-known brand, it’s a product that doesn’t have great name recognition, even among those in the industry.
It’s time to change that. Let’s take a closer look at Primavera P6 to see what it can do and if it’s right the right choice for your project management needs.
Oracle Primavera P6 is a project, program and portfolio management tool that is used for planning, managing and executing your project work. It is designed to handle large and small projects in a number of diverse industries, such as construction, manufacturing, energy, and IT. It’s been doing so for more than 30 years in projects across the globe.
Primavera P6 can trace its origins to 1983 when it was first established under the name Primavera Systems. In the next 15 years, it would rapidly gain in popularity. By the late 90’s, advancements in server technology drove the company to split Primavera systems into two versions of the software: a desktop application (which is preferred by contractors, suppliers and manufacturing companies) and a web-based enterprise option.
In 2008, Primavera Systems was bought out by Oracle, who then developed the tool into the version that is used today.
The modern incarnation sells itself as a tool to increase your efficiency when planning, which reduces the risk of schedule overruns. One way it purports to do this is by providing visibility into the work, so potential bottlenecks can be identified and resolved before they cause delays. It claims to work on projects of all sizes.
P6 is used by project managers who are in charge of delivering a project, program or portfolio of projects.
It’s not only used by project managers, though. Any project professional can benefit from P6, such as engineers, schedulers and others who are instrumental in planning, management and reporting on the project. Whoever uses the software, it is usually recommended that they take a training course. The tool is built to help manage complex projects and therefore using it can be complicated as well.
Let’s zoom in closer on Primavera P6. First, it’s a tool that works on an enterprise structure. That means it goes from the highest level of management on down the line of project members. In terms of the key features, they are as follows.
The P6 Professional Project Management (PPM) from Primavera will cost $2,570 for an annual subscription. That price includes $2,020 plus an annual maintenance fee of $550 for upgrades, fixes, patches, etc. The renewal of the maintenance cost is not required, but it’s suggested.
There’s also the enterprise option, Primavera P6 Enterprise Professional Project Management (EPPM). This version of Primavera P6 is accessed via the web, rather than being a desktop software application like the P6 PPM option. This option will run you $2,750 for a perpetual license, which includes an annual maintenance fee of $605.
Last, there’s the Oracle Primavera Cloud, which is a much cheaper and much less-feature rich offering at $125 a month. It also has the added benefits of faster delivery and fosters collaboration to improve efficiency and quality. The cloud-based tool will also connect teams over any device and update activities and tasks instantly.
There are some things that Primavera P6 does well, along with some features that have some drawbacks. If you’re still on the fence, here’s a look at its pros and cons.
If Primavera P6 doesn’t seem like the right choice for you, then you may be interested in an alternative. ProjectManager is a cloud-based project management tool that is less expensive and easier to use than P6, with all the same features you need to manage your project, program or portfolio. Instead of an expensive licensing fee, you can pick the subscription tier that fits your budget.