Billing and Revenue Management Pricing Foundation 7.5

In this course, students will develop an in-depth understanding on how to build price plans using Oracle Communications Billing and Revenue Management Pricing Center. The Pricing Foundation class is appropriate for students who need to take an existing pricing model and translate it into a price plan. Covered in the course are complex pricing concepts such as building products with tiered rating and creating bundles with product dependencies. The course also covers how to implement different types of discounts in pricing. During the hands-on lab, students will build and test several different types of price plans.

Audience

• Business Analysts
• Developer
• Functional Implementer
• Technical Consultant

Course Topics BRM Pricing and Rating

• Review the BRM Pricing Model components and their attributes
• Review rating terms and how BRM rates an event
• List the tasks required to setup BRM for rating

Translating Price Plans for Real-time Rating

• Translate a basic price plan into the BRM Pricing Model components

Using the BRM Pricing Center

• Combine rates into products
• Define Deals and Plans
• Describe Plan List attributes
• Use BRM Pricing Center to enter price plan into the Portal database

Testing BRM Price Plans

• Explain how to trigger system events to test a price plan
• Explain how to simulate usage events to test a price plan

Quantity-based Rating

• Rating based on quantity of an event
• Rating based on a resource balance
• Volume discounts

Setting Up Free Usage

• Implement free usage in the BRM Pricing Model
• Configure rollovers
• Define folds and how they are calculated and applied
• List the steps required to test free usage

Real-Time Rating Based on Date and Time

• How to specify when rates are valid
• Using Date and Time ranges in a Rate Plan
• Continuous versus Rate Dependent Quantity Discount Brackets

Product Dependencies

• Describe Product Dependencies Features
• Configure Product Dependencies

Setting Up a Discount Model

• Set up a discount model

Discount Exclusions

• Implement Exclusions between Discounts

Flexible Cycles

• Describe the concept of flexible cycles in BRM

Course Objectives

• Define BRM pricing objects and their relationships
• Introduce real-time rating concepts
• Translate price plans to the BRM Pricing Model
• Set up a discount model to provide discount
• Test price plans by simulating account activity and running billing
• Set up product dependencies and discount exclusions
• Create BRM price plans that use a variety of rating and discounting scenarios, including rate