Transcript Document

Oracle Projects 11.5.11
(Oracle Projects Family Pack M)
and Beyond
Julian Kozicki
Great Projects
January 2004
Oracle Projects 11.5.11
(Family Pack M) and Beyond
Oracle Projects Suite
Release History and Projected Availability
Application Enhancements and Future Vision
Overall
Project Costing
Project Contracts and Project Billing
Project Management
Project Collaboration and Project Resource
Management
Project Intelligence
Introducing Portfolio Management
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Oracle Projects 11i
Portfolio Management
Sales
Resource Management
Funded
Research / Work
Facility /
Construction Mgt
Asset
Management
Research &
Development
Information
Technology
Marketing
Project
Management
•Update Skills
•Match Resources
•Track Utilization
Accounting
& Operations
•Plan Project
•Manage Change
•Manage
Performance
•Secure
Project
Information
•Track Effort/Costs
•Manage
Contract/Billing
•Capitalize Assets
•Cross-Charge
•Update Progress
•Resolve Issues
•Review Documents
Financials
HR
Procurement
Inventory
Manufacturing
Sales / Contracts
Asset
Management
Other Internal
Project Work
Collaboration
Document
Repository
Strategic
Initiatives
Intelligence
CAD/Product Info
Demand
•Personalized
•Role-Based Views
Built-In Enterprise
Integration
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Oracle Projects Suite
Application List
Core Modules
Project Costing
Project Billing
Project Contracts
Project Management
Project Collaboration
Activity Management Gateway
MS Project Connect
Project Resource Management
Project Intelligence
Portfolio Management
Key Related Modules
Financials (PO, AP, AR, FA, GL, CM)
Time and Labor (OTL)
iExpense
Project Manufacturing
Order Management
Procurement
WIP
Inventory
Warehouse Management System
Oracle Service
Oracle Training Administration
Oracle Sales
Enterprise Activity Management (EAM)
Product Lifecycle Management (PLM)
Web Application Desktop Interface (ADI)
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Release History and Projected
Availability
Main Application Suite
– Family Pack K = 11.5.9
– Family Pack L = 11.5.10
– Family Pack M = 11.5.11
July 2003
November 2003
Mid-Year 2004
Project Financial Intelligence
– DBI 5.0
– DBI 6.0 = Family Pack L
– Family Pack M
June 2003
November 2003
Mid-Year 2004
Portfolio Management
– New with Family Pack M
Mid-Year 2004
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Enhancements and Future Vision
Overall Direction for Family Pack M
Key New Features in FP.M
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Contingent Labor Management
Program Management
Enhanced Work Planning
Streamlined Forecasting
Additional support for Earned
Value
No Projected Changes to AMG or
MS Project Connect
Future Vision
– More industry and sector
functional support
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Consumer Products
Financial Services
Engineering and Construction
Life Sciences
Telecommunications
– Improved insight on project
performance
– Extend accessibility
– Extend project control
• Real time collaboration
• Scheduling engine
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Enhancements and Future Vision
Project Costing
Key New Features in FP.M
– Support for contingent labor
• New HR Person Type –
Contingent
• Entry into OTL, iExpense,
Expenditure Batch, or ADI
with MS Excel
• Workflow approval
• PO Match as receipt
• Generation of invoice
– Project Manufacturing – New
Transaction Sources
• Partially addresses accounting
issues for manufactured
inventory
Future Vision
– New Payroll integration
– Additional Subcontractor
Management Tools
– Enhanced Public Sector Support
(Budgeting and Budgetary
Control)
– Shared Service Center Support
– Sub-Ledger Accounting
(replacement of AutoAccounting
in all applications with a new
engine)
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Enhancements and Future Vision
Project Contracts and Project Billing
Key New Features in FP.M
– Mostly sell-side enhancements
– Enhanced contract authoring and
printing
– Enhanced processing of contract
deliverables
– Select invoice method at top task.
Allows multiple invoice methods for a
project
– Assign customers at top task. Allows
multiple customers to be billed for
specific work on one project.
– Add customers to a project over time
– Generate credit invoices for line level
concessions and write-offs
– Review and approve invoices in Project
Workbench
Future Vision
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Enhanced contract flow into
procurement and sales
Billing by contract/billing across
projects
Streamlined Invoice Workbench to
allow easier generation of ad hoc
invoices
More flexible invoice formatting and
printing
Enhanced credit memo processing,
especially being able to consolidate
credit invoices
Billing capital projects
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Enhancements and Future Vision
Project Management
Key New Features in FP.M
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Enhanced budgeting
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Change management
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Closer integration of Project and GL
budgets
User-definable structures
Streamlined notifications
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Additional tools for Risk Management
Improved program-level control
Increased accessibility with productivity
tools
Enhanced Earned Value Management
Decentralized budgeting and forecasting
New forecasting features
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Resource or Workplan
Streamlined data entry
Flexible budgeting
Future Vision
Reporting variances to prior forecasts
Autocreate initial forecast
Forecast adjustment tools
New Project Performance Inquiry
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Like PSI on steroids
Drilldown from Project Intelligence
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Enhancements and Future Vision
Project Collaboration and Project Resource Management
Key New Features in FP.M
– Enhanced Work Management
• Task dependencies and
determination of critical path
• Resource assignment to tasks
• Deliverable rollups and interface
with manufacturing for planning
and shipping
• Enhanced progress reporting
Future Vision
– Extend accessibility using external
tools
– Enhanced scheduling support
– Addition of “Phase Gate” controls
– Enhanced resource supply and
demand planning
– New Resource Definitions
• New Types (contractor, BOM)
• Resource hierarchy
– Enhanced Project Performance
Measurement
• Will ID more exceptions against
schedule
• Earned value recognition
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Enhancements and Future Vision
Project Intelligence
Key New Features in FP.M
– Will be able to drop down to
Html Projects Workbench from
Portal
– Enhanced Project Performance
Reporting
• Enhanced exception reporting
• Enhanced project
performance indicators
(configurable exception types,
tolerances, threshholds
• Billing Review
Future Vision
– Expand industry and sector
analytics
– Leverage insight of Project
orientation to business
activities
– Extend access to other
information users in the
organization
– Program Management Features
• Project hierarchies
• Reporting rollups
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Introducing
Project Portfolio Management
New Module with Family Pack M
Allows evaluation and selection of Capital Projects based on:
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Corporate objectives
Resource availability
New requests
Existing projects
Final Approved Portfolio based on selection of one of
multiple scenarios that can be developed
Performed using an HTML planning area
Uses Balanced Scorecard and common financial measures
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Portfolio Management
Process Flow
DEFINE
Goals & Objectives
COLLECT
SCORE
RANK
BALANCE
New Proposals Common Criteria Financial Justification Supply & Demand
Existing Projects Project Scorecard Strategic Alignment Across Timeframes
Across Initiatives
Extract to Planning Area
Workgroup Activity
Develop Alternative Scenarios
APPROVE
Recommend
Approve
Notify
Approved Projects
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Sample Screen – Assign Scores to Each Project
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Sample Screen – Evaluate Resource Requirements
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Sample Screen – Evaluate Projects Based on Criteria
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Sample Screen – Balance Project Portfolio
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Sample Screen – Approve/Change Project Portfolio
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Contact Information:
Julian Kozicki
Managing Director
Great Projects
(gr8projects.com)
[email protected]
Great Projects
New Product Announcements
Oracle Projects Connect – Release 2.1
– Updated for Application Server 10g technology stack
web services
– Adds over 40 new business events covering all Projects
Suite modules (except for Project Portfolio
Management) and includes key resource and customerrelated data
Global Project Repository – Release 1.0
– Allows large companies to use application table
structure to store and report on all projects using Oracle
Projects Connect (above) as integration tool to achieve
a Projects Data Hub.
Questions
&
Answers