Buy a Primavera licence to experience convenience in construction project management

Discover the multitude of reasons why your construction business should consider obtaining a Primavera P6 software licence.

Why should you buy a Primavera licence?

Project planning and execution, when done strategically, could save businesses a huge chunk of funds that are allocated under project expenditure to help them stay on track with their expected project timelines and budgets.

In recent years, many construction businesses have turned toward project management software to simplify, streamline, and optimise their project planning, execution, and post-completion project management operations. This brings up the question “Does investing in a construction project management software really add value to a construction business?

To answer this question definitively, let’s look at some statistics. Research shows that 66% of businesses that implemented project management software into their projects managed to complete them under budget. Research also shows that while only 23% of companies in the US use project management software, 77% of high-performing projects were attributed to the usage of this software.

This software, which is a collaborative tool, has seen an uptick in use among US companies in recent years, with 71% of project management professionals claiming that they use it as of 2022.

Primavera P6 software by Oracle stands out among the software that has significantly grown in popularity in recent times. There are two versions of this software which are cloud-based and require licensing. They are P6 Enterprise Project Portfolio Management (P6 EPPM) and Primavera Cloud.

So should construction businesses purchase a Primavera licence to ease their project management matters? Let’s explore this in greater detail.

Why buy a Primavera licence for your construction project team?

Building information modeling (BIM)

#1 Cost control and budget management

Primavera facilitates accurate cost estimation, budgeting, and monitoring throughout the project lifecycle. By tracking expenses, forecasting costs, and generating detailed financial reports, construction project teams can maintain better control over project finances, preventing cost overruns, and maximising profitability.

#2 Advanced scheduling capabilities

Primavera’s advanced scheduling capabilities empower construction project teams to create detailed project schedules with precise timelines and dependencies. This helps in optimising resource utilisation, minimising delays, and adhering to project deadlines. This ultimately enhances project efficiency and profitability.

Project management software
Prefabrication and modular construction

#3 Enhanced collaboration

With Primavera’s integrated communication tools, project teams can collaborate seamlessly across different departments and locations. Its centralised platform allows stakeholders to access real-time project data, fostering better communication, coordination, and decision-making among team members, subcontractors, and clients.

#4 Performance tracking and reporting

With Primavera’s comprehensive reporting and analytics tool, construction project teams can monitor project performance in real-time and generate insightful reports for stakeholders. This enables informed decision-making, facilitates continuous improvement, and enhances overall accuracy and construction project success rates.

construction Performance tracking and reporting

Compass Consult can help you make the right choice of Primavera P6 software

At Compass Consult, we’re committed to helping construction companies streamline their project management processes using the latest technologies and solutions like Oracle Primavera.

We also offer expert-led training to assist project teams in ensuring project success and maximising returns. Contact us today and learn more about the Primavera P6 software and details on pricing. Our experts will help you improve your construction project outcomes by advising on the right Primavera P6 software that suits your project requirements.

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Frequently Asked Questions

What are the conditions of a Primavera P6 licence?

P6 EPPM typically operates on a perpetual licensing model, where organisations purchase licences upfront for a one-time fee. P6 Cloud, on the other hand, typically operates on a subscription-based pricing model, where organisations pay a recurring fee for access to the software and services.

Can Primavera integrate with other construction management tools?

Yes, Primavera offers integration capabilities with a wide range of construction management tools, including Building Information Modeling (BIM) software, accounting systems, and document management platforms. This integration streamlines data exchange between different systems, improving overall project visibility and efficiency.

Is Primavera suitable for managing large-scale construction projects?

Absolutely, Primavera is well-suited to managing large-scale construction projects due to its scalability, robust features, and flexibility. Whether it’s scheduling complex construction activities, managing extensive resource pools, or tracking multiple project sites, Primavera can handle the demands of large construction projects effectively.

Contact Compass Consult today to learn more about Primavera P6 and its licensing details.