This document will continue to evolve as existing sections change and new information is added. All updates appear in the following table:
| Date | Product | Feature | Notes |
|---|---|---|---|
| 16 SEP 2020 | Project Control | Organizational Planning and Budgeting Unified with the Execution of Projects | Updated document. Revised feature description. |
| 16 SEP 2020 | Common Project Management Features | Service Excellence Continuing Investments | Updated document. Revised feature description. |
| 04 SEP 2020 | Created initial document. |
This guide outlines the information you need to know about new or improved functionality in this update.
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Common Technology and User Experience
Common Project Management Features
Refined User Experience for Key Lists of Values Search for Project Management
This update introduces an enhanced user experience for select lists of values. The change increases performance and expands the use of type ahead suggestions. See the What's New document for 20D for the complete list of changes.
Service Excellence Continuing Investments
In this release, our on-going investment in service excellence includes improvements in the following areas:
- Documentation Content: Awards; Subledger accounting setup
- Performance: Manage project forecast generation; Manage Project Costs page; Update project performance data; KPI generation
- Messages: Transfer invoices to Receivables process; Planning resource breakdown structures; Awards
- Update Project Performance Data Process Simplification: Update Project Performance Data process now includes summarization for projects, contracts, and awards, so you no longer have to run 3 separate processes. The process also now generates KPIs without the need to initiate a child process.
- Usability:
- KPI setup page simplification
- Added display of organization classifications to organization lists of values on setup pages
- View Approval History for budgets and forecasts now supports advanced approval actions such as request for more information, suspension, resumption, delegation, re-assignment, and escalation
- User Assistance Simplification: Added targeted links to help windows in the context of each project management business flow; Started restructuring implementation guides and enhanced the overall flow
REST APIs for Project Management
Additional Attributes in Projects REST API
Manage additional attributes using the Projects REST API. For example, you can enter the legal entity while creating a project using the Projects REST API.
Financial Project Plan Baseline REST API
Set a financial project plan version to baseline status using the Financial Project Plan REST API. To perform the action on an existing financial project plan version, use the custom operation available for the Financial Project Plan REST API.
Federal Financials Report Output in Current Format
Run the Federal Financials Report process with the latest changes to the SF-425 OMB Number 4040-0014 report format.
Labor distribution capabilities allows for the distribution of payroll amounts to project or general ledger accounts using labor schedules. These labor schedules specify the duration and percentage to track a person's effort spent on award or project related work or any other work. Project and grant administrators can use the distributed labor cost information to satisfy audit, effort, or other reporting requirements.
For additional information about labor distribution see the 20B What's New: Distribute Payroll Amounts Using Labor Schedules
Labor Schedules for Person Assignment and Payroll Element
Record labor costs at the more granular level of the payroll element for the person's assignment. For example, associate your labor schedules for the combination of a person, assignment, and payroll element to capture parking allowance and salary separately.
Expenditure Item Transaction Date Derivation for Intercompany and Interproject Invoice Lines
Derive the expenditure item date for intercompany and interproject invoice and credit memo lines transferred to payables. Payables clerks can avoid validation errors on the importing of such invoices into payables, by having the application set the expenditure item date to the earliest date among the invoice date, project end date, and task end date.
Project Contract Invoice Approval Status Tracking from Invoice Overview and Manage Invoices Pages
Easily check the approval status when viewing your contract invoices in the Invoice Overview and Manage Invoices pages. Review who has approved already and who is currently pending so you can follow-up if needed.
Transaction Business Category Derivation for Intercompany and Interproject Invoice Lines
Derive the transaction business category for intercompany and interproject invoice and credit memo lines, separate from external invoice and credit memo lines. Tax administrators can use the separate transaction business category in tax rules to more accurately derive taxes on those intercompany and interproject invoices, in both project contract billing and receivables.
Accounted Cost Import When Project Periods Are Closed
Import accounted costs even when the project period is closed. Project accountants can avoid validation errors when processing accounted costs. Once costs are imported, they can easily track downstream activities, such as billing and capitalization, and take actions as required.
Additional Accounting Sources for Creating Project Accounting Transactions
Additional sources are available for project costs and revenue to allow greater flexibility when creating account rules, mapping sets, and description rules.
Project Asset Line Assignments Using File-Based Data Import
Assign asset lines to assets for your capital projects using file-based data import. Import asset line assignments when the available assignment methods do not meet your business requirements.
Project Burden Cost Grouping Configuration
Configure additional grouping criteria to apply to project burden costs using the Project Process Configurator. For example, you can create a project process configurator to define that project burden costs are grouped by the transaction number. This will generate separate burden cost lines for each raw cost and you can quickly identify the exact burden cost that's generated for your raw costs.
Budget and Forecast Generation from the Resource Plan
Plan for your project resources and generate a project-level budget or forecast based on the plan. You can use project resources as the source for budget and forecast cost, revenue, or both. Include all the labor and expense resources or a subset, such as only confirmed labor resources.
Date-Effective Resource Rates for Planning Costs Using Actual Rates
Use date-effective resource rates for planning costs using actual rates in your financial project plan types and financial plan types. You can use this feature to more accurately plan for cost in financial project plans, budgets, and forecasts using the date-effective resource rates feature along with actual cost rates.
Financial Project Plan Subject Area in OTBI
Add the new Financial Project Plan subject area to your existing reports or create new reports that use the new subject area to view financial project plans and report accurately on the planning of a project. For example, you can review the task structure, resource assignments, and summary planning and actual costs incurred for the tasks and resources for your projects. For details about creating and editing reports, see the Creating and Administering Analytics and Reports for PPM guide.
Organizational Planning and Budgeting Unified with the Execution of Projects
Combine Oracle Fusion Cloud Enterprise Performance Management (EPM Planning) and Oracle Fusion Cloud Project Management (Project Management) to perform organizational planning and budgeting, and to execute projects. Develop your strategic corporate plan and budget using EPM Planning and execute and collect costs for approved projects using Project Management. Actual costs are then included in budget analysis, forecasting, and re-planning using EPM Planning.
Project-Level Resource Changes Using File-Based Data Import
Add or update resources for project-level planning resource breakdown structures using file-based data import. For example, you can add the same resource or multiple resources to a number of projects at the same time. You can also update the alias for the resources.
Submitted Project Budget and Forecast Versions in OTBI
View and report on project budgets and forecasts in submitted status using Oracle Transactional Business Intelligence, or OTBI. For example, review effort, quantity, and amounts of submitted financial plan versions or simply get a count on submitted financial plan versions.
Performance Measures to Drive Budget and Forecast KPIs
Leverage additional predefined performance measures related to budgets and forecasts or create your own performance measures based on existing measures to effectively determine the overall health of your projects. Project managers can gain insight into project health by using these additional measures in KPIs. KPIs offer a measures-driven model for you to analyze specific aspects of your projects, such as planning, cost, and profitability and indicate if your project is on track or at risk.
Labor Resource Scheduling Using Hours per Week
Optimize your labor resource assignments when you require total weekly hours rather than specific hours per day. Project managers can plan for and request resources given the flexibility allowed for the days worked. Resource managers can use the total weekly hours available in determining the right resource for your project.
Simplified Resource Request Fulfillment
Proposing reserved, confirmed, and nominated resource requests are combined into a single nomination flow. This allows for setting the staffing status and withdrawing a nomination for all resource requests. All final fulfillment approvals are consistently done by the resource manager or project manager based on your enterprise setting.
Issue Management in the Project Management Work Area
Manage project-related issues using the Project Management work area. Rather than navigating to the My Work work area, the project manager can quickly review open issues, assign action items, and monitor progress on each issue while in the context of the project.