Primavera Introduces Primavera Enterprise Version 2.0.

Business Editors

PHILADELPHIA--(BUSINESS WIRE)--September 11, 2000

Enterprise Project Management Solution Helps Fast-Paced

Businesses Prioritize and Manage All of Their Projects

Primavera Systems(R), Inc., the leading developer of enterprise and Web-based project management, control and execution software, today announced the release of Version 2.0 of its Primavera Enterprise(R) product suite which gives businesses an enterprise-wide perspective on project prioritization and performance. Aimed at companies that deliver engineered products and processes, such as high technology, telecommunications and petrochemical processing, Primavera Enterprise 2.0 helps these companies improve project execution and predictability, and enables them to respond quickly when changes in the marketplace impact their project portfolios.

Primavera Enterprise goes beyond traditional project management systems that approach managing multiple projects in much the same way they approach managing individual projects--focusing on only the project manager's requirements for project planning and scheduling. In addition to helping project managers better manage those projects that are underway, Primavera Enterprise helps organizations neutralize the risk of taking on new projects by evaluating projects individually, in relationship to each other and in accordance with strategic initiatives. Every project can be judged against its impact on cash flow, commitments to customers, resource bandwidth and the company's ROI objectives.

"Many companies that didn't view themselves as project-centric organizations are beginning to organize their business around projects. They recognize that project management is an essential factor in their success," said Richard K. Faris, President of Primavera's Concentric Project Management Division. "But in today's competitive environment successful project management by itself is not enough. Sustainable competitive advantage won't come from only working correctly on projects; companies must also be working on the correct projects. That's why Primavera Enterprise improves how projects are prioritized and selected in the first place, and successfully raises the visibility of and accountability for those projects."

With a comprehensive combination of client/server and web-based capabilities for project planning, resource management, risk and issues tracking, collaboration and cost control, Primavera Enterprise provides efficient end-to-end project management - from project initiation and regular status updates to performance measurement and continuous process improvement. Primavera Enterprise also provides top-to-bottom coverage of all project participants with role-specific tools that tailor the project information they need to do their jobs or make decisions.

Role-specific benefits of Primavera Enterprise 2.0:

-- For strategic planners and corporate steering committees, Primavera
Enterprise brings together the disciplines of project management and strategic
planning because it helps firms prioritize projects based on their market
potential. It provides the clarity of vision to unite overall strategic project
objectives with the tactical plans to successfully implement them.

-- For project management offices (PMOs), Primavera Enterprise enables all of a
firm's projects to be planned, analyzed and controlled within a uniform
framework, or enterprise project structure. Primavera Enterprise supports
planning and budgeting of hundreds of projects, including programs containing
layers of projects within projects. It provides for both top-down as well as
bottom-up planning--and compares the two perspectives to ensure that tactical
plans are in line with the higher-level project objectives and funds.

-- For full-time project managers responsible for managing one or more complex
projects, Primavera Enterprise provides best-of-class scheduling, resource
control and what-if analysis capabilities so they can easily identify
alternatives for efficiently completing the project, while minimizing risk and
achieving project scope.

-- For functional managers dealing with limited, shared resources, Primavera
Enterprise ensures they are making the most of those project resources by
assigning the right person

- with the right skills and proficiency - to specific tasks.

They can review assignments and effort levels across multiple

projects, and instantly identify when key resources will free

up for work on other projects.

-- For front-line workers and resources, Primavera Enterprise

takes advantage of the web to inform them about changes in

priority so they are always working on the most important

tasks. Inasmuch as these are the people that really know

whether they are making progress on their assignments,

Primavera Enterprise closes the communication loop by

providing a real-time, web-based feedback mechanism whereby

they can acknowledge what has been completed, but more

importantly what remains to be done.

-- For line-of-business and corporate executives, Primavera

Enterprise provides timely feedback about projects and custom

project portfolios. Executives can easily measure the "health"

and performance of those projects, as well as detect trends

early so that they can strategically respond to the dynamics

of the projects underway in their business. Using a web-based

project portal, real-time information is presented in a

consistent and useful format, requiring minimal interpretation

by busy executives.

Inasmuch as project management tools have taken their place beside other information systems, Primavera Enterprise integrates with ERP and other enterprise systems, ensuring consistency of project-related information throughout the company. As projects change, other departments see the immediate consequences, including the financial impact of schedule changes on other work flow in the organization.

Product Availability

Primavera Enterprise is currently shipping and is available through a network of Primavera Authorized Resellers. For more information, please contact Primavera at 1-800-423-0245 or 1-610-667-8600.

About Primavera Enterprise

Primavera Enterprise empowers project-driven industries such as utilities, manufacturing, petrochemical processing, construction and telecommunications to proactively plan and control all of their projects and resources. It raises the visibility of and accountability for corporate objectives through better project collaboration and a shared planning environment. Companies are better able to make the decisions about which projects to fund, how to allocate scarce resources and when to terminate projects and reallocate people and funds.

The Primavera Enterprise product suite features Primavera Project Planner(R) for the Enterprise (P3e(TM)), Primavera's next-generation, multi-project planning, scheduling and control software; Primavera Progress Reporter(TM) for Web-based distribution and updating of project assignments; Primavera Portfolio Analyst(TM) for project portfolio analysis; and Primavision(TM) for an executive summary of up-to-the-minute performance information about an enterprise's projects and project portfolios.. The product suite enables project and program managers to perform forward-looking project portfolio management through rich, Web-based communication, comprehensive resource and cost management, robust cross-program analysis and performance measurement capabilities.

About Primavera Systems

Founded in 1983, Primavera Systems, Inc. is the leading provider of innovative project management, control and execution software to help customers successfully manage their projects, programs and resources. The company serves a broad range of industries, including aerospace and defense, chemical processing, construction, energy, engineering, financial services, manufacturing, pharmaceuticals, technology, telecommunications and utilities. Primavera's core products include Primavera Enterprise(R), Primavera Project Planner(R) (P3(R)), Primavera Expedition(R), TeamPlay(TM) and SureTrak Project Manager(R) (SureTrak(R)). The company is headquartered in Bala Cynwyd, a suburb of Philadelphia, Pennsylvania, with offices in Chicago, New Hampshire, New York, San Francisco, Hong Kong and London. More information about Primavera and its products is available via the World Wide Web at http://www.primavera.com.

Primavera Project Planner, P3, Expedition, SureTrak Project Manager, and SureTrak are registered trademarks; and TeamPlay, P3e, Primavera Portfolio Analyst, and Primavera Progress Reporter are trademarks of Primavera Systems, Inc. All other trademarks mentioned herein are the property of their respective owners.