Nostra PPM

A Single Source of Truth for Project Portfolio Management

With over 10,000+ hours enhancing the solution in partnership with project practitioners, Nostra PPM provides an intuitive solution with rich functionality that seamlessly integrates disparate project data to optimize operational and capital project performance in real time.

Pro/con

Maximise Business Value by optimising project funding prioritisation processes.
Improve financial performance through transparent centralised forecasting and actuals consolidation.
Trusted Decision Making through seamless integration of all project and financial data.
Driven Project Quality with improved decision making, risk and change management.
Increase Productivity through automated workflows, approvals and project reporting.
Drive Innovation with enterprise wide idea creation and hopper management.
Enable Project Success through transparent trusted collaboration of all stakeholders in one system.
Establish Executive Confidence with one trusted source of project and portfolio data from across the enterprise.
Only delivered within BP globally at this point.

Specification

Accuracy Seamlessly integrates your silos of project, scheduling and financial data across the enterprise, to deliver one single repository for your project data, in real-time.
Areas of Application Idea Management | Cost Management | Scheduling | Risk and Issue Management | Resource Allocation | Documents and DMS Integration | Monitoring and Control | Portfolio Management | Performance Reporting | Approvals and Variations | Configuration
Control of Process flow Electronic workflows and approvals to manage your Stage Gate Approvals Processes. | Standardised gating for each project type. | Parallel reviews to reduce approval times. | Notifications to approvers, project team members, and executives.
Economic Tools Manage all capital spend from minor to major projects so the entire portfolio is reported in one place.
Insight Capture project ideas from across the enterprise and use streamlined screening processes.
Integration Integrates all your project financial data with other IT and business systems.
Platform User authentication | Integration | Error logging | Role-based security | Cloud based SaaS
Reporting Financial, people and capital reporting. Easily export your data into other reporting tools such as Power BI, Tableau, and Qlik.
Return on Investment The ability to free up people's time to do more meaningful work rather than data collection.
Risk Based Digitised and standardised unproductive project tasks and processes to simplify the way you work to deliver project outcomes.
Relative business impact
CO2 footprint reduction:
1/10
Cost reduction:
7/10
Production:
1/10
Safety improvement:
1/10
Technology Maturity Level
Development Technology demonstration Mature / Proven

About Nostra PPM

Born out of the operational and capital project challenges of oil refinery environments globally, Nostra PPM has been designed, developed, adopted and enhanced in partnership with BP Downstream's global project practitioners.

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