Oracle Projects 11.5.11 (Oracle Projects Family Pack M)
and Beyond
Julian KozickiGreat Projects
January 2004
Oracle Projects 11.5.11(Family Pack M) and Beyond
Oracle Projects SuiteRelease History and Projected AvailabilityApplication Enhancements and Future Vision
OverallProject CostingProject Contracts and Project BillingProject ManagementProject Collaboration and Project Resource
ManagementProject IntelligenceIntroducing Portfolio Management
Great Projects Copyright 2004
Oracle Projects 11i
Built-In Enterprise Integration
DocumentDocumentRepositoryRepository
HRHR
FinancialsFinancials
ProcurementProcurement
InventoryInventory
CAD/Product InfoCAD/Product Info
Sales / ContractsSales / Contracts
AssetAssetManagementManagement
ManufacturingManufacturing
IntelligenceIntelligence
•Personalized •Role-Based Views
•Personalized •Role-Based Views
Project
Management
Project
Management
Resource ManagementResource Management
CollaborationCollaboration
Accounting
& Operations
Accounting
& Operations•Plan ProjectPlan Project•Manage ChangeManage Change•Manage Manage PerformancePerformance
•SecureSecureProjectProject
InformationInformation
•Track Effort/CostsTrack Effort/Costs•Manage Manage Contract/BillingContract/Billing•Capitalize AssetsCapitalize Assets•Cross-ChargeCross-Charge
•Update SkillsUpdate Skills•Match ResourcesMatch Resources•Track UtilizationTrack Utilization
•Update ProgressUpdate Progress•Resolve IssuesResolve Issues•Review DocumentsReview Documents
Demand
FundedFunded
Research / WorkResearch / Work
Facility / Facility / Construction MgtConstruction Mgt
InformationInformation
TechnologyTechnology
Research & Research & DevelopmentDevelopment
AssetAsset
ManagementManagement
SalesSales
MarketingMarketing
Other Internal Other Internal Project Work Project Work
StrategicStrategic
InitiativesInitiatives
Portfolio Management
Great Projects Copyright 2004
Oracle Projects Suite Application List
Core ModulesProject CostingProject BillingProject ContractsProject ManagementProject CollaborationActivity Management GatewayMS Project ConnectProject Resource ManagementProject IntelligencePortfolio Management
Key Related ModulesFinancials (PO, AP, AR, FA, GL, CM)Time and Labor (OTL)iExpenseProject Manufacturing
Order ManagementProcurementWIPInventory
Warehouse Management SystemOracle ServiceOracle Training AdministrationOracle SalesEnterprise 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 July 2003– Family Pack L = 11.5.10 November 2003– Family Pack M = 11.5.11 Mid-Year 2004
Project Financial Intelligence– DBI 5.0 June 2003– DBI 6.0 = Family Pack L November 2003– Family Pack M Mid-Year
2004Portfolio Management
– New with Family Pack M Mid-Year 2004
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Enhancements and Future VisionOverall Direction for Family Pack M
Key New Features in FP.M– 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• 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 VisionProject 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)
Great Projects Copyright 2004
Enhancements and Future VisionProject 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– 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
Great Projects Copyright 2004
Enhancements and Future VisionProject Management
Key New Features in FP.M– Enhanced budgeting
• Resource or Workplan• Streamlined data entry• Flexible budgeting
– Change management• Closer integration of Project and GL
budgets• User-definable structures• Streamlined notifications
– New forecasting features• Reporting variances to prior forecasts• Autocreate initial forecast• Forecast adjustment tools
– New Project Performance Inquiry• Like PSI on steroids• Drilldown from Project Intelligence
Future Vision– Additional tools for Risk Management– Improved program-level control– Increased accessibility with
productivity tools– Enhanced Earned Value Management– Decentralized budgeting and
forecasting
Great Projects Copyright 2004
Enhancements and Future VisionProject 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– New Resource Definitions
• New Types (contractor, BOM)• Resource hierarchy
– Enhanced Project Performance Measurement
• Will ID more exceptions against schedule
• Earned value recognition
Future Vision– Extend accessibility using external
tools– Enhanced scheduling support– Addition of “Phase Gate” controls– Enhanced resource supply and
demand planning
Great Projects Copyright 2004
Enhancements and Future VisionProject 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
– Program Management Features• Project hierarchies• Reporting rollups
Future Vision– Expand industry and sector
analytics– Leverage insight of Project
orientation to business activities
– Extend access to other information users in the organization
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Introducing Project Portfolio Management
New Module with Family Pack MAllows evaluation and selection of Capital Projects based on:
– 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 ManagementProcess Flow
DEFINE COLLECT SCORE RANK BALANCE APPROVE
Goals & Objectives New ProposalsExisting Projects
Common CriteriaProject Scorecard
Financial JustificationStrategic Alignment
Supply & DemandAcross TimeframesAcross Initiatives
RecommendApproveNotify
Develop Alternative ScenariosExtract to Planning Area
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Workgroup Activity Approved Projects
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)
Contact Information:
Julian Kozicki
Managing Director
Great Projects (gr8projects.com)
Great ProjectsNew 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 customer-related 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.
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