chapter 1 - oracle project fundamentals introduction

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  • 8/11/2019 Chapter 1 - Oracle Project Fundamentals Introduction

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    Oracle Projects Suite - IntroductionTitle Oracle Projects - Introduction

    Subtitle This chapter ill gi!e an introduction on hat is Oracle Projects modulein the Oracle "pps #$usiness Suite R12.

    Reason Oracle Projects is !er% use&ul &or an% Project Based Organi'ations. Intoda%(s orld all the organi'ations are $ased on Projects &or ease o&maintenance and trac)ing

    Explanation Oracle Projects is a suite o& modules hich com$ines Project Costing*Project Billing Project +oundation Project Management and ProjectResource Management

    Remarks

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    Project Costing

    Name Project Costing

    From Date

    To Date

    From Release

    To Release

    Explanation To put it in a simpler manner* module to calculate the cost and accountit. In an% organi'ation there should $e an application hich )eepstrac) o& the costs o& the projects and categori'e the costs. I can sa%

    Project Costing is similar to one o& the applications* $ut not limited tocalculating and accounting. I ill e,plain in detail in the coming posts*ho cost is calculated and accounted in Oracle Projects Costing.

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    Project Billing

    Name Project Billing

    From Date

    To Date

    From Release

    To Release

    Explanation "n% Ser!ices compan% has customers hom the% ser!e and inturn $illthe clients &or the ser!ice oered. In such scenarios Project Billing ishand&ul in $illing the customer. ot onl% that %ou can calculate re!enue&or the projects* hich is !er% important. In detail e,planation ill $e inm% &uture posts.

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    Project Management

    Name Project Manangement

    From Date

    To Date

    From ReleaseTo Release

    Explanation Ocourse the name itsel& e,plains that it is to manage the projects.The &unctions in!ol!e Project Trac)ing* Per&ormance Trac)ing and otherstandard project management &unctions.

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    Project Resource ManagementName Project Resource Management

    From Date

    To Date

    From Release

    To Release

    Explanation This is &or manging the resources o& the project. +unctions in!ol!eassigning resources* mo!ing resources /deallocating resources*competenc% management * creation o& !acancies* ad!ertising the!acancies* e!aluating the s)ills o& the resources etc.

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