Columbus Regional Airport Authority Cuts Unbudgeted Carryover Costs for Capital Projects by 88% in One Year
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by Melissa Centurio Lopes
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Published on Mon, 12 Nov 2012 18:19:40 +0000
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/Oracle/Customer Case Studies
The Columbus Regional
Airport Authority (CRAA) is a public entity that works to connect Central
Ohio with the world. It oversees operations at three airports?Port Columbus
International Airport, Rickenbacker International Airport, and Bolton Field
Airport?and manages the Rickenbacker Inland Port and
CRAA deployed Oracle’s Primavera P6 Enterprise Project Portfolio Management
to create a unified methodology for scheduling and capital cash flow
management. Today, the organization manages schedules and costs for all of its
capital projects by using Primavera to provide enterprise wide visibility. As a
result, CRAA cut unbudgeted carryover costs from US$24.4 million in 2010 to
US$3.5 million in 2011?an 88% improvement. "Oracle’s Primavera P6 and Primavera Contract
Management are transforming project management at CRAA. We have enabled
resource-loaded scheduling and expanded visibility into cash flow, which
allowed us to reduce unbudgeted carryover by 88% in a single year.” – Alex
Beaver, Manager, Project Controls Office, Columbus Regional Airport Authority Challenges Solutions
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· Used Primavera P6 Enterprise Project Portfolio Management to develop a unified methodology for scheduling and managing capital projects for the airport authority, including the organization’s largest capital project ever?a five-year runway construction project
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· Gained a single, consolidated view into the organization’s capital projects and the ability to drill down into resource-loaded schedules and cash flow, enabling CRAA to take action earlier to avert the impact of emerging issues?including budget overages and project delays
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· Cut unbudgeted carryover costs from US$24.4 million in 2010 to US$3.5 million in 2011?an 88% improvement
Click here
to view all of the solutions. “Oracle’s Primavera solutions are the
industry standard for project management. They provide robust and proven
functionality that give us the power to effectively schedule and manage budgets
for a wide range of projects, from terminal maintenance, to runway work, to
golf course redesign,” said Alex Beaver, manager, project controls office,
Columbus Regional Airport Authority. Click here to read the full version of the
customer success story.
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