By Kimberly McDonald Baker

A new white paper published by Oracle, Delivering Success in Public Infrastructure Projects, provides a compelling portrait of the quantifiable benefits delivered by Enterprise Project Portfolio Management, especially for public infrastructure or civil engineering projects.

“Research from the Project Management Institute (PMI) suggests that performance in meeting project goals, timelines and budgets creates a financial impact of staggering proportions. Organisations with high performance in these three measures risk only US$20 million per US$1 billion spent, while their less successful peers jeopardise US$280 million for the same US$1 billion spent.”

That’s a 26% savings – a difference of $260 million in the example cited above. Think of all the good things your governmental entity could do with that money: fund education, deliver clean water, feed the needy, and more.

On a smaller scale, The University of Minnesota manages approximately $250 million in capital projects yearly. Their use of Oracle’s Primavera Enterprise Project Portfolio Management systems saved them $3.7 million in just one year, which they attribute to the more detailed cost and scope information, audit trails, and better transparency.

Those who have been involved in Project Portfolio Management since the early days of Primavera Systems could appreciate this software’s potential benefits. This new white paper from Oracle provides some solid numbers that quantify the ROI that can be extrapolated far beyond public infrastructure projects. This document is worthy of your reading time.

Register and download the white paper here. Then call me at +1.650.712.6200 if you’d like to discuss it, or the benefits of Oracle’s Primavera EPPM, in more detail.