Major capital projects can involve thousands of resources and millions of tasks. To meet critical delivery dates and avoid costly late penalty fees, these projects require exceptionally complex management practices. Such practices rely on an ERP systems (e.g. SAP or PeopleSoft ESA) as the system of record for finance and accounting, and a best-in-class scheduling system to achieve optimal management of all projects. Impress for EPM helps capital project organizations meet critical delivery dates with fast and reliable integration of these systems.
Impress for Projects synchronizes initial and on-going plan data between the ERP system and Primavera or Microsoft Project to save time and reduce data administration costs during the planning and execution of the projects. The solution provides the scheduling system with resource and material information from the ERP system to allow schedulers to plan the optimal use of resources. During the execution of capital projects, status information captured in the project management system can be synchronized with the ERP system to provide management with real-time visibility into project delays and conflicts, and provide the finance organization with the information needed for earned value calculations and project capitalization.
