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Oracle Project Portfolio Management Guide

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0% found this document useful (0 votes)
21 views17 pages

Oracle Project Portfolio Management Guide

Uploaded by

MANUMKM
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

Author/ Hussein Elshorbagy – Elsewedy Electric

Project Portfolio Management

Oracle Project Portfolio Management Cloud: is a complete and integrated solution that dramatically improves
the way project-driven organizations work, enabling efficient and effective project management while ensuring
smarter business decisions based on a single source of project truth.

❖ Oracle Project Portfolio Management Cloud Services include the following applications:
✓ Project Financial Management
✓ Project Execution Management

❖ Project Financial Management Offering includes:

• Project Control
• Project Costing
• Project Billing
• Project Contracts
• Project Performance Reporting

❖ Project Execution Management Offering includes:

• Project Management
• Task Management
• Project Resource Management

❖ Enterprise PPM Applications that Work as One

Project Management: Intuitive, collaborative project planning and scheduling.


Project Resource Management: Powerful search aligns the right resources to the right projects. Modern
and integrated project resource management.
Grants Management: Proactively manage awards from funding to closeout. Control costs and
prevent overspending.
Billing and Revenue: Bill for both Capital and Contract project costs.
Author/ Hussein Elshorbagy – Elsewedy Electric

Cost Control: Simplified streamlined project costing. Control resources and costs to
facilitate early corrective action.
Task Management: Manage your work socially. Control project and non-project tasks in one
place. Extend project management to team members
Analytics and Insight: Project performance reporting. Alerts to exception.

Budgets and Forecasts: Simplify project planning, budgeting, and forecasting

❖ Roles to User:

• IT Security Manager
• Application Implementation Consultant
• Application Implementation Manager
• Project Manager
• Project accountant
• Project administrator
• Project application administrator
• Project billing specialist
• Project creator
• Project team member
• Project executive
• Project integration specialist
• Enterprise contract administrator
• Enterprise contract manager

Note: Run LDAP Job in Scheduled Processes

❖ Offerings:

• Project Financial Management


• Project Execution Management

➢ Prerequisite project portfolio management:

• Setup General Ledger module in Financials


• Assign BU & Ledger to General Ledger module roles
Author/ Hussein Elshorbagy – Elsewedy Electric

Create BU :-

Select the needed business functions


Author/ Hussein Elshorbagy – Elsewedy Electric

Manage Data Access for Users

Create Project Unit :-

From Project Organization > Manage Project Unit Organizations

Project unit: Is an operational subset of your enterprise, such as a line of business, which conducts its business
operations using projects, and must enforce consistent project planning, management, analysis, and reporting.
Author/ Hussein Elshorbagy – Elsewedy Electric

Press on Add

From Project Organization –> Manage Project Unit Options

This step is to connect the Business unit with the project unit
Author/ Hussein Elshorbagy – Elsewedy Electric

You will not find your BU in the list that’s because you need to finish configuring your BU First

Note :-

How can I associate a business unit with a project unit?

You can associate a business unit with a project unit during the Related Business Units step of the Manage
Project Units setup task if the business unit is already configured using the Configure Project Accounting
Business Function setup task.

If the business unit is not configured, then you can associate a project unit with the business unit from the
navigation

From Project Organization --> Configure Project Accounting Business Function


Author/ Hussein Elshorbagy – Elsewedy Electric

Select your BU

We need to create an Organization hierarchy to set up the Project Accounting Business Function, so we will skip
this point until we configure the Organization hierarchy
Author/ Hussein Elshorbagy – Elsewedy Electric

Organization Hierarchy and Tree

From Workforce Structures → Manage Organization Trees

Firstly, we have to create an Organization Tree

From action → Create Tree


Author/ Hussein Elshorbagy – Elsewedy Electric

Select the Row and press the Action button

Then select → Create Tree Version option


Author/ Hussein Elshorbagy – Elsewedy Electric

In this step, we are going to add the hierarchy and connect BU with PU

Tree Nodes: Tree nodes are points of data convergence where a tree branches into levels. Nodes are the
building blocks of a tree structure and are attached to tree versions.

References: [Link]
[Link]#98ECBBA01ACFEA7CE040D30A68815EBE
Author/ Hussein Elshorbagy – Elsewedy Electric

Select your BU

Select the node you have been added and press the add button again

Select your PU and then press Submit


Author/ Hussein Elshorbagy – Elsewedy Electric

You will find the status *Draft* , So we will select the Row and press on Action icon

Set Status → Choose Active

You can run the Manage All Trees Operations Centrally scheduled process to do these tasks.

• Copy tree version – Duplicate from an existing tree version.


• Audit and activate tree version – Audit the tree version, and mark the tree version as active, if audited
successfully.
• Flatten tree version – Incrementally flatten both rows and columns, and force flatten the tree version.
Author/ Hussein Elshorbagy – Elsewedy Electric

From Action, choose → Audit


Author/ Hussein Elshorbagy – Elsewedy Electric

We found that the status changed to active

➢ Flatten Tree Versions

To flatten a tree version using the Manage All Trees Operations Centrally process

.
Author/ Hussein Elshorbagy – Elsewedy Electric

References: [Link]
[Link]#u30238483
Author/ Hussein Elshorbagy – Elsewedy Electric

Now we can come back to Configure Project Accounting Business Function to assign the Tree Hierarchy

From Project Organizations → Configure Project Accounting Business Function

From Project Organizations → Manage Project Unit Options

Select you Project Unit

You will find that your BU appears


Author/ Hussein Elshorbagy – Elsewedy Electric

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