Oracle Project Financial Planning 11.1.2: Create Projects

This Oracle Project Financial Planning training teaches you how to create project proposals and manage existing projects. Learn to do so in alignment with financial plans.

Learn To:

• Set global assumptions.
• Identify tasks involved in project financial planning.
• Create and manage project proposals.
• Plan for expenses.
• Plan for revenue.
• Review project financials.
• Manage intercompany projects.

The course uses Oracle Project Financial Planning 11.1.2.2.

Audience

• Administrator
• Functional Implementer
• Project Manager

Course Topics Project Financial Planning Overview

• About Planning
• Planning Components
• Planning Architecture
• About Oracle Project Financial Planning
• Oracle Project Financial Planning Process
• Project Financial Planning Business Scenario

About Project Administration Tasks

• Project Administration Tasks Overview
• Selecting User Variable Members
• Setting Discount Rates
• About Project Scoring
• Entering Overhead Assumptions
• Selecting Approval Settings
• Setting Key Performance Indicators
• About Intercompany Partners

Creating Projects

• Determining a Project Type
• Preparing Project Tasks
• Entering New Project Details

Planning for Project Expenses

• Expense Planning - Task Overview
• Assigning and Calculating Labor Expenses
• Assigning and Calculating Equipment Expenses
• Assigning and Calculating Material and Other Requirements
• Entering Direct Project Expenses
• Calculating Overhead Expenses
• Reviewing Indirect and G&A
• Reviewing Total Expenses

Planning for Contract Project Revenues

• Revenue Planning – Task Overview
• Entering Revenue Drivers for Cost-Plus Contract Projects
• Entering Revenue Drivers for Time and Materials Contract Projects
• Entering Revenue Drivers Based on Units Sold and Sales Price Per Unit
• Entering Direct Project Revenue

Reviewing Project Financials

• Project Financials Overview
• Performing Calculations
• Reviewing Project Financial Statements
• Reviewing Project Metrics and KPIs
• Reviewing Project Justifications
• Reviewing Project Score
• Requesting Project Funding

Managing Intercompany Projects

• About Managing Intercompany Projects
• Limitations of Intercompany Projects
• Tasks for Intercompany Projects
• Calculating Cost Plus Intercompany Revenue
• Calculating Project Data
• Reviewing Intercompany Reconciliations

Managing Existing Projects

• Managing Existing Projects Overview
• Process for Managing Existing Projects
• Manage Existing Projects Task List Tasks

Performing Financial Analysis

• Financial Analysis Overview
• Viewing the Financial Overview
• Performing Detailed Analysis
• De-allocating Funding
• Submitting Plans for Approval

Reviewing and Approving Projects

• About Reviewing Projects
• Calculating Departmental Financial Statements
• Reviewing Project Proposals
• Comparing Project Scores
• Reviewing Financial Performance
• Approving Projects

Analyzing and Planning for the Workforce

• About Workforce Administration
• Reviewing Utilization
• Reviewing Labor Requests Across Projects
• Staffing Projects
• Requesting New Hires
• Rolling Up Workforce Expenses

Analyzing and Planning for Capital Assets

• About Analyzing Capital Assets
• Reviewing Equipment Utilization
• Reviewing Equipment Requests Across Projects
• Assigning Equipment to Projects
• Requesting New Equipment
• Recalculating Equipment Costs
• Reviewing Impact on Financial Statements

Course Objectives

• Describe features of Oracle Project Financial Planning
• Describe the Oracle Project Financial Planning process
• Identify project administration tasks
• Propose projects
• Enter new project details
• Assign and calculate expenses
• Enter revenue drivers for Contract projects
• Describe the process for managing intercompany projects
• Identify the tasks for managing existing projects
• Perform detail analysis
• Review funding requests
• Submit plan for approval