History:

Primavera was founded in 1983 as Primavera Systems by Joel Koppleman and Dick Faris in
Philadelphia, USA. Initially, the company developed project management software for the construction
industry. In 1998, the software system evolved into a server-based approach that enabled Primavera to
function as a portfolio system, resulting in two versions of the software: a stand-alone version for
individual power users on a project or small portfolio of projects, and an enterprise portfolio system for
use throughout organizations to manage programs of projects. The stand-alone version is mostly used by
contractors and suppliers, while a smaller number of people use the enterprise portfolio system for
strategic planning purposes. In 2008, Oracle Corporation acquired Primavera and integrated it into its
enterprise accounting and finance-based systems, forming the Primavera Global Business Unit. Since
then, Primavera P6 has gain its popularity in companies for planning is a very crucial factor for a
project/program’s success.

Primavera definition:

Primavera is a project management software tool that is widely used for planning, scheduling, and
controlling complex projects. It is designed to handle large and small projects in various industries
such as construction, manufacturing, energy, and IT. Primavera allows users to manage and analyze
project data, resources, and schedules, providing critical information for decision-making throughout
the project's lifecycle. The software includes powerful features such as critical path analysis, resource
allocation, and risk analysis that help project managers effectively plan and execute their projects.
Primavera P6 is a software system that utilizes a database to create and maintain logical
networks for large-scale projects. It keeps track of project contract dates as well. Due to its robust critical
path analysis and adaptable coding structure, Primavera P6 is widely used as the go-to tool for planning
and executing engineering and construction projects. As a result, over 75,000 companies worldwide
prefer Primavera P6 for managing their projects, programs, and portfolios. Since the software is
prevalent in the process and heavy industrial engineering fields, the most skilled and highly-paid project
planners usually opt to use Primavera P6.

It is an essential tool not only for project managers who leads the operation of the project,
but also, it is versatile in such that engineers, schedulers, and other profession who initializes
planning, management, and reporting can benefit from this software. Primavera P6 employs a
critical path method scheduling algorithm to sort project activities and resource load them, creating
various reports. The software can also include complex shift calendars in project plans and schedules
activities based on resource limitations. Unlike other software packages, Primavera P6 is a pure
calculation engine that requires activities to be sequentially linked, and mandating activity start or
finish is generally considered poor project planning practice as it can invalidate the critical path.

It provides features which involves the inclusion of vital factors to consider when planning. These
includes:

 Timelines: A traditional gantt chart to schedule tasks on a bar graph

 Scheduling alerts: Keep the project on track by always knowing what’s due when Timelines: A traditional gantt

chart to schedule tasks on a bar graph

 Risk management: Identify, track and resolve risks before they become issues

 Information dashboard: A dashboard to track key project metrics

 Reporting & analytics: Ability to generate status reports for stakeholders

 Resource analysis & allocation: Keep track and reallocate resources as needed

 Calendar & activity views: View project tasks set over a calendar view

 Portfolio & program management: Able to manage multiple projects in a program or portfolio at

once

 Contract management: Manage multiple projects, get info from database fast

 Scheduling alerts: Keep the project on track by always knowing what’s due when