It is difficult to change the currency for each resource. Hence, it is better to change the base (default) currency in Primavera. By changing the default currency, all the resources and expenses will show monetary value in the Default currency that you have set.

Here is how to change the default currency in Primavera.

Step 1: Open 'Admin' menu and click on 'Currencies'

Step 2: The first currency that you see on the top of the list is in US Dollars. It is Default Currency. Rename this to another currency. Enter the currency name, any symbol, and currency ID

Step 3: Click 'Close' to close the window.

That's it. You have changed the Default currency. Now, in every window of Primavera and in the reports, the Default currency will show.

PMP vs Primavera

Many people think PMP and Primavera are one and the same thing! I have met several people who think that by taking PMP or Primavera training they will learn same or similar things. It is not true at all. Primavera is software and PMP is a theoretical study.

Read on and find out how PMP and Primavera differs from each other, and what they are all about.

Project Management Professional (PMP) Certification

PMP certification is conceptual, theoretical, it is not practical teaching. PMP is all about tools, techniques, methods, inputs and outputs associated with different activities.

PMP guides you how to do a certain thing in a proper way, in a way which is more productive, easier and manageable.

For example, if you want to calculate duration of an activity, PMP teachings will tell you how you can calculate near to accurate duration of the activity. You will be provided with techniques that you can use to calculate the duration. To calculate the duration, PMP gives three techniques: 3-point estimation, analogous estimation and parametric estimation. Using either of these or all of these techniques, you can calculate near to accurate duration of the activity, and you will be saved from guessing the duration, which could be unrealistic and which can affect the entire project badly.

In the same way, PMP gives you techniques to do many other things so that you can do these better, without a problem and so that your work is more productive. These techniques are related to all kinds of work, e.g. techniques to work with product/project quality, scope, time, cost, risk, communication, procurement, HR and stakeholders.

Oracle Primavera 

Primavera is software by Oracle, a US based company. It allows you to record detail of your project work i.e. WBS, activities, resources, costs, etc. Without software you cannot record, compile and organize all detail of the project properly. Furthermore, Primavera re-calculates the project detail i.e. cost, man-hours, duration, etc. every time you make any change, anywhere in the project. This cannot be done in any other software like Excel, Word, etc. 

If you have studied PMP, you can plan your project work in Primavera work more realistically and more properly. For example, you have learnt how to calculate duration of the activity through PMP. Once calculated, you can now enter that in Primavera, and you can do that for all the activities. Similarly, all other techniques, methods you have learnt in PMP, you can now practically implement them in Primavera.

Conclusion

Both PMP and Primavera are different things. However, if you learn them both, you will become expert in project management, not only in concepts but in practice, too.

Nowadays, employers demand that employees should have studied both - Primavera and PMP. Especially, if you are planning to go or are presently in Middle East, you will realize that knowing Primavera and PMP, both, is like a necessity. And if you have studied them both, you can find plenty better job opportunities for you.

This was difference between Primavera vs PMP explained. I hope you found this information useful.

Also read:

Purchase PMBOK at a very low price of only $44. Click the Amazon discount link below (click on book) to avail the offer.

Primavera Keyboard Shortcuts

Do you use Primavera? Then these Primavera keyboard shortcuts will help you do things faster.

Create a new project          

Ctrl+N

Open a project                  

Ctrl+O

Close an open project

Ctrl+W

Fill-down

Ctrl+E

Level Resources

Shift+F9

Commit changes

F10

Refresh current screen

F5

Undo

Ctrl+Z

Reorganize layout

Shift+F2

Schedule

F9

Find something

Ctrl+F

Find next

F3

Spell Check

F7

Tag: Primavera P6 Keyboard Shortcuts

Baseline is a simple concept in project scheduling. If you are using scheduling software like Primavera, MS Project or any other, you will need to create a baseline before you enter actual work progress in the software.
So what really the baseline is?

What is Baseline?

Baseline is really a copy of your planning, which includes your activities, their attributes like duration, dates and resources and costs. So why do we need to create a copy?
The actual reason is that we create baseline so that we could compare the actual progress with something (original plan).

You might ask that we already had a plan so why we would create its copy for comparison with actual progress. Well, in fact your planned data gets overwritten with the actual data that you enter. For example, once you enter actual start date for an activity, this date is written over your original start date. So then we have no original data to compare the actual data with. That's the reason we need to create copy of the plan.

How Do You Create Baseline?

In Primavera, baseline is created from Project menu -> Maintain Baseline. There you click Add and click OK to create a baseline. When you click Add, you will even see an option that says copy the project as a baseline.

If you're using MS Project, you can create baseline at Project tab -> Baseline -> Baseline 0 -> Click OK.

Now you know what baseline is. You may like to learn Primavera as it is globally used for project scheduling and here you can learn about the benefits that this software offers.