Case Study: Tennessee Valley Authority (TVA) achieves centralized project portfolio management and cost savings with PowerPlan

PowerPlan Solutions Optimize TVA Project Portfolio Management

The Tennessee Valley Authority (TVA), a federally owned public power provider serving about 9 million people and managing over $27 billion in assets and roughly $3 billion in annual capital and O&M spend across ~1,000 active projects, faced fragmented legacy systems, spreadsheets and manual processes that made project prioritization, forecasting and approvals slow, error-prone and untimely. TVA selected PowerPlan and implemented the PowerPlan Project Management and Project Prioritization modules to centralize project data, scale to 1,500+ users and integrate with existing Oracle ERP and IBM Maximo systems.

PowerPlan replaced TVA’s disparate tools with a single, automated platform that tracks the full project lifecycle, interfaces actuals and commitments from Maximo, and pushes approved projects into Oracle while providing dashboards, alerts and automated approval workflows. The PowerPlan implementation delivered immediate operational efficiencies and controls, improved transparency and faster decision-making, and yielded at least $61 million in documented value within months, along with ongoing process savings and better compliance.

TVA

Steve Summers

General Manager of Financial Shared Services