# Primavera

> Primavera Systems was a Pennsylvania project portfolio management software company founded in 1983 and acquired by Oracle in 2008. Its name continues in Oracle’s Primavera products, which help engineering, construction, utilities, and other project-intensive organizations manage schedules, resources, risk, costs, and capital portfolios.

- **Founded:** 1983
- **Headquarters:** Bala Cynwyd, United States
- **Founders:** Joel Koppelman (Co-founder and CEO), Dick Faris (Co-founder), Les Seskin (Co-founder)
- **Products:** Primavera Project Planner (P3), Primavera P6 Professional, Primavera P6 Enterprise Project Portfolio Management, Oracle Primavera Cloud, Primavera Unifier
- **Notable:** Established in 1983 and developed a long-running project planning software business., Acquired ProSight and Pertmaster in December 2006 to add portfolio analysis and risk capabilities., Oracle announced an agreement to acquire Primavera in October 2008.

## Products & services

- **Primavera Project Planner (P3)** — Historical desktop project planning and scheduling software; the original Primavera product.
- **Primavera P6 Professional** — Oracle’s desktop scheduling application for project planners and schedulers.
- **Primavera P6 Enterprise Project Portfolio Management** — Enterprise project, program, portfolio, resource, and schedule management, with cloud and on-premises deployment options.
- **Oracle Primavera Cloud** — A separate cloud service connecting contract and field schedules, resources, risk, portfolio management, and capital planning.
- **Primavera Unifier** — Oracle product for capital project controls, cost management, workflows, and asset management; part of the later Oracle portfolio.
- **Oracle Primavera Risk Analysis** — Project schedule and cost risk analysis software in the Oracle Primavera family.

## Achievements

- Established in 1983 and developed a long-running project planning software business.
- Acquired ProSight and Pertmaster in December 2006 to add portfolio analysis and risk capabilities.
- Oracle announced an agreement to acquire Primavera in October 2008.
- Primavera continues as an Oracle product family with actively maintained cloud services.

## Latest updates

- **2026-10** — Primavera Cloud 26.10 documentation describes fiscal-year support for funds planning, proposed project risks for the workspace risk library, and a Copy CBS workflow task.
- **2026-07** — Oracle’s July Cloud roundup covers April-June changes including schedule health checks, resource usage charts, project dashboards, budget planning, and risk analysis.

## Links

- Website: https://www.oracle.com/construction-engineering/
- LinkedIn: https://www.linkedin.com/company/primavera-systems
- Twitter/X: https://x.com/OracleConstEng
- YouTube: https://www.youtube.com/oracle/

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Profile page: https://yespress.io/primavera
Published by YesPress — https://yespress.io
Last updated: 2026-10-25
