Thursday, January 22, 2015

R12.2.2 Oracle Project Management Features

To support the use of multiple HR rates in labor costing, Project Management allows you to plan in those rates.


Rates when Generating Forecast from Workplan

The forecast process will now automatically use new resource rates when generating the forecast.  Prior to 12.2.2, users needed to manually select the refresh option.

Resource Class

In R12.2.2, you have the ability to plan a resource without associating it to a resource class (people, equipment, material, financial element).  This allows you to plan at a higher level and have costs from multiple resource classes rollup to the same level.

Breakdown Structure

As mentioned in the Project Costing enhancements, Project Management now allows you to plan by cost code work breakdown structure   By linking cost attributes from lower level segments to attributes in higher level segments, you can create a breakdown structure.  You can then associate you CBS to the project’s tasks to allow the association of cost to a specific cost code.  You can then view your costs, budgets, forecasts and workplans by CBS cost attribute.

Oracle Project Contracts

The enhancement in Project Contracts for 12.2.2 is the extension of the Project Contract API.  This API now allows you to update and delete contract header, project line, and deliverables.

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