Oracle ?· Oracle Project Portfolio Management Cloud Defining and Managing Financial Projects Contents…

  • Published on
    10-Aug-2018

  • View
    212

  • Download
    0

Embed Size (px)

Transcript

  • OracleProject Portfolio Management CloudDefining and Managing FinancialProjects

    Release 13 (update 18B)

  • Oracle Project Portfolio Management CloudDefining and Managing Financial Projects

    Release 13 (update 18B)Part Number E94418-02Copyright 2011-2018, Oracle and/or its affiliates. All rights reserved.

    Authors: Mahesh Ramadugu, Sreya Dutta, John Hays, Tanya Poindexter, Sandeep Pillai, Abhishek Majumder, Pradeep Giri

    This software and related documentation are provided under a license agreement containing restrictions on use and disclosure and are protected byintellectual property laws. Except as expressly permitted in your license agreement or allowed by law, you may not use, copy, reproduce, translate, broadcast,modify, license, transmit, distribute, exhibit, perform, publish, or display any part, in any form, or by any means. Reverse engineering, disassembly, ordecompilation of this software, unless required by law for interoperability, is prohibited.

    The information contained herein is subject to change without notice and is not warranted to be error-free. If you find any errors, please report them tous in writing.

    If this is software or related documentation that is delivered to the U.S. Government or anyone licensing it on behalf of the U.S. Government, then thefollowing notice is applicable:

    U.S. GOVERNMENT END USERS: Oracle programs, including any operating system, integrated software, any programs installed on the hardware, and/or documentation, delivered to U.S. Government end users are "commercial computer software" pursuant to the applicable Federal Acquisition Regulationand agency-specific supplemental regulations. As such, use, duplication, disclosure, modification, and adaptation of the programs, including any operatingsystem, integrated software, any programs installed on the hardware, and/or documentation, shall be subject to license terms and license restrictionsapplicable to the programs. No other rights are granted to the U.S. Government.

    This software or hardware is developed for general use in a variety of information management applications. It is not developed or intended for use inany inherently dangerous applications, including applications that may create a risk of personal injury. If you use this software or hardware in dangerousapplications, then you shall be responsible to take all appropriate fail-safe, backup, redundancy, and other measures to ensure its safe use. OracleCorporation and its affiliates disclaim any liability for any damages caused by use of this software or hardware in dangerous applications.

    Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

    Intel and Intel Xeon are trademarks or registered trademarks of Intel Corporation. All SPARC trademarks are used under license and are trademarks orregistered trademarks of SPARC International, Inc. AMD, Opteron, the AMD logo, and the AMD Opteron logo are trademarks or registered trademarks ofAdvanced Micro Devices. UNIX is a registered trademark of The Open Group.

    This software or hardware and documentation may provide access to or information about content, products, and services from third parties. OracleCorporation and its affiliates are not responsible for and expressly disclaim all warranties of any kind with respect to third-party content, products, andservices unless otherwise set forth in an applicable agreement between you and Oracle. Oracle Corporation and its affiliates will not be responsible for anyloss, costs, or damages incurred due to your access to or use of third-party content, products, or services, except as set forth in an applicable agreementbetween you and Oracle.

    The business names used in this documentation are fictitious, and are not intended to identify any real companies currently or previously in existence.

  • Oracle Project Portfolio Management CloudDefining and Managing Financial Projects

    Contents

    Preface i

    1 Define Project 1Project List: Explained .............................................................................................................................................. 1

    Budgets and Forecasts: How They Are Copied from Project Templates or Projects .................................................. 1

    Task Dates: How They're Calculated for New Projects ............................................................................................. 3

    Spaces: How They Work With Projects .................................................................................................................... 5

    Import Projects Process ............................................................................................................................................ 5

    Changing Project and Task Organizations: Points to Consider .................................................................................. 6

    FAQs for Define Project ............................................................................................................................................ 7

    Define Project: Manage Project Options ................................................................................................................. 10

    Define Project: Manage Transaction Controls .......................................................................................................... 14

    Define Project: Manage Asset Assignment and Capitalization Options ..................................................................... 19

    Define Project: Manage Burden Schedule Assignments .......................................................................................... 21

    Define Project: Manage Reporting Options ............................................................................................................. 22

    2 Manage Project Plan Tasks and Task Assignments 31Task and Assignment Date Settings: How They Work Together .............................................................................. 31

    Task Assignment Period Amounts: Explained ......................................................................................................... 32

    Replacing Task Assignments: Points to Consider ................................................................................................... 32

    Project and Financial Plan Period Amounts: How They Are Calculated Using Daily Spread Basis ............................. 33

    Calculating Distribution Factors for Spread Curves: Examples ................................................................................. 36

    Financial Project Plan Baseline: How It Is Set ......................................................................................................... 38

    Burden Costs: How They're Calculated .................................................................................................................. 38

    Resource Mapping: How It Is Calculated ................................................................................................................ 43

    Task Structure Hierarchies: How They're Denormalized .......................................................................................... 45

    Import Project Tasks ............................................................................................................................................... 47

    FAQs for Define Project Plan Tasks and Schedule .................................................................................................. 48

    FAQs for Define Project Staffing Plan ...................................................................................................................... 51

  • Oracle Project Portfolio Management CloudDefining and Managing Financial Projects

    3 Manage Project Budgets and Forecasts 55Budget and Forecast Creation Methods: Critical Choices ....................................................................................... 55

    Award Project Budgets: Critical Choices ................................................................................................................. 56

    Financial Plan Types and Project Budget Versions: How They Work With Budgetary Control ................................... 56

    Creating Control Budgets: Points to Consider ........................................................................................................ 59

    Creating Control Budgets from Project Budgets: Procedure ................................................................................... 63

    Budget and Forecast Modifications: Explained ........................................................................................................ 65

    Import Project Budgets Process ............................................................................................................................. 67

    Import Project Forecasts Process ........................................................................................................................... 68

    FAQs for Manage Project Budgets and Forecasts .................................................................................................. 69

    4 Track Financial Project Progress 75Project Financial Progress: Explained ...................................................................................................................... 75

    FAQs for Track Project Progress ............................................................................................................................ 76

    5 Use Microsoft Project Integration 79Microsoft Project and Project Financial Management Applications: How They Work Together .................................. 79

    Action Controls: Explained ...................................................................................................................................... 82

    FAQs for Use Microsoft Project Integration ............................................................................................................. 83

  • Oracle Project Portfolio Management CloudDefining and Managing Financial Projects

    Preface

    i

    PrefaceThis preface introduces information sources that can help you use the application.

    Using Oracle Applications

    Using Applications HelpUse help icons to access help in the application. If you don't see any help icons on your page, click your user imageor name in the global header and select Show Help Icons. Not all pages have help icons. You can also access OracleApplications Help.

    Watch: This video tutorial shows you how to find help and use help features.

    You can also read Using Applications Help.

    Additional Resources

    Community: Use Oracle Cloud Customer Connect to get information from experts at Oracle, the partnercommunity, and other users.

    Guides and Videos: Go to the Oracle Help Center to find guides and videos.

    Training: Take courses on Oracle Cloud from Oracle University.

    ConventionsThe following table explains the text conventions used in this guide.

    Convention Meaning

    boldface Boldface type indicates user interface elements, navigation paths, or values you enter or select.

    monospace Monospace type indicates file, folder, and directory names, code examples, commands, and URLs.

    > Greater than symbol separates elements in a navigation path.

    Documentation AccessibilityFor information about Oracle's commitment to accessibility, visit the Oracle Accessibility Program website.

    Videos included in this guide are provided as a media alternative for text-based help topics also available in this guide.

    https://fusionhelp.oracle.com/https://fusionhelp.oracle.com/https://apex.oracle.com/pls/apex/f?p=44785:265:0::::P265_CONTENT_ID:10552https://apex.oracle.com/pls/apex/f?p=44785:265:0::::P265_CONTENT_ID:10552http://www.oracle.com/pls/topic/lookup?ctx=cloud&id=OACPR2531440https://appsconnect.custhelp.com/http://docs.oracle.com/http://education.oracle.com/pls/web_prod-plq-dad/db_pages.getpage?page_id=906http://www.oracle.com/pls/topic/lookup?ctx=acc&id=docacc

  • Oracle Project Portfolio Management CloudDefining and Managing Financial Projects

    Preface

    ii

    Contacting Oracle

    Access to Oracle SupportOracle customers that have purchased support have access to electronic support through My Oracle Support. Forinformation, visit My Oracle Support or visit Accessible Oracle Support if you are hearing impaired.

    Comments and SuggestionsPlease give us feedback about Oracle Applications Help and guides! You can send an e-mail to:oracle_fusion_applications_help_ww_grp@oracle.com.

    http://www.oracle.com/pls/topic/lookup?ctx=acc&id=infohttp://www.oracle.com/pls/topic/lookup?ctx=acc&id=trsmailto:oracle_fusion_applications_help_ww_grp@oracle.com

  • Oracle Project Portfolio Management CloudDefining and Managing Financial Projects

    Chapter 1Define Project

    1

    1 Define Project

    Project List: ExplainedThe project list is a collection of projects filtered and displayed based on project search criteria such as project manager,customer, business unit, or project set. For example, the default saved search My Active Projects displays all projects in anapproved status for which you have a project team member role.

    From the project list, you can select a number of actions based on your role on the project. For example, project managerscan update the project plan and progress, manage financial plans, review project performance, and manage integrationswith external scheduling applications. You can also drill down to the project Overview page to view project, financial, andperformance details.

    Projects and Project Information on the Project ListThe project list can display all projects that you're involved with, either directly as a project team member. It also includesprojects on which you have project authority for the user who is an active member of, directly through a role on the project, orindirectly by having authority over a business unit or project unit.

    As described in the following table, your project role also determines the information you can view for each project displayedin the project list.

    Information Project Manager Project Administrator Project Team Member

    General project informationincluding name and number,type, status, dates, customer,description, attachments, andnotes

    Yes

    Yes

    Yes

    Project health status and trends

    Yes

    Yes

    Yes

    Current working, baseline, andapproved budget and forecastinformation

    Yes

    Yes

    No

    Budget and forecast variance

    Yes

    Yes

    No

    Inception-to-date and period-to-date measures

    Yes

    Yes

    No

    Pending activities related tothe project, financial plans, andprogress

    Yes

    Yes

    No

  • Oracle Project Portfolio Management CloudDefining and Managing Financial Projects

    Chapter 1Define Project

    2

    Budgets and Forecasts: How They Are Copied from ProjectTemplates or ProjectsWhen creating a new project, either based on a project template or an existing project, you can copy existing financial planversions.

    Settings That Affect Copying of Financial Plan Versi...

Recommended

View more >