Project Partners Blog


Author: Wendy Lamar | Managing Principal Consultant | Project Partners
Oracle E-Business Suite R12 Project Certified Implementation Specialist


Through this three (3) part educational web-series, Project Partners will arm you with critical steps and insight into a Project Financials cost-effective solution. This unique solution offering will assist administratively burdened organizations like yours to effectively manage Project Financials around Capital spend through all phases of the Capital Lifecycle (Concept Definition, Funding Approvals, Execution, Reporting, and Managing Project Costs).

WHY CAPITAL PROJECTS? – WEBINAR REGISTRATION INFORMATION

CLICK TO REGISTER HERE for our FINAL PART (3) of the three (3) part series as we explore how Project Partners has addressed the pain associated with AFE’s and the manual efforts.  We will showcase how we’ve developed an easy to use Authorization for Expenditure solution that extends the functionality of Oracle EBS Projects applications and walk you through the solution focused around project costing to your specific business requirements, robust functionality, and use of authorizations for expenditures to further efficiency gains and extensive return on investments.

MISSED PART 2?  Don’t Worry…CLICK HERE to get a downloadable recording so you will be up-to-speed!   

Have Questions?
Simply reach out to us and our experts will immediately assist, provide additional information, and ensure you have associated playbacks. We look forward to your attendance, and will set up a call to fully understand your needs, and offer next steps around a Project Financials cost-effective solution that best fits your organization.

P: #1.650.712.6203 Email: cfryc@projectp.com

Through this three (3) part educational web-series, Project Partners will arm you with critical steps and insight into a Project Financials cost-effective solution. This unique solution offering will assist administratively burdened organizations like yours to effectively manage Project Financials around Capital spend through all phases of the Capital Lifecycle (Concept Definition, Funding Approvals, Execution, Reporting, and Managing Project Costs).

WHY CAPITAL PROJECTS? – WEBINAR REGISTRATION

CLICK TO REGISTER HERE for PART 2 of the three (3) part series as we explore the WHY and HOW to leverage EBS Project Financials for Capital Projects. We’ll walk you through the solution focused around project costing to your specific business requirements, robust functionality, and use of authorizations for expenditures to further efficiency gains and extensive return on investments.

MISSED PART 1?  Don’t Worry…CLICK HERE to get a downloadable recording so you will be up-to-speed!   

Have Questions?
Simply reach out to us and our experts will immediately assist, provide additional information, and ensure you have associated playbacks. We look forward to your attendance, and will set up a call to fully understand your needs, and offer next steps around a Project Financials cost-effective solution that best fits your organization.

P: #1.650.712.6203 Email: cfryc@projectp.com

Your Organization Could Have a Whole New Level of VISIBILITY INTO PROGRESS & PERFORMANCE OF PROJECTS?

PROJECT PARTNERS ORACLE PRIMAVERA UNIFIER CONSULTING SERVICES has successfully helped many of our customers by providing their organizations a best-in-class cloud-based solution that enables governance across all project phases, from planning and building to operations and maintenance.

The Oracle Primavera Unifier solution manages capital projects and facilities of any size in every vertical market. It combines rich cost management and control, document management, schedule and resource management, fund management, and more through “base” pre-built modules. In addition to its robust functionalities, it also has the ability to create custom modules to meet each organization’s unique business requirements.

We are a Primavera Authorized Reseller and are considered by our customers as one of the best in “Unifying”, integrating and tying your data together, even if your organization is running outside of the Oracle footprint. That’s our proven strength.

GO TO THE NEXT LEVEL WITH A BETTER PLAN FOR A RAPID PROJECT EXECUTION.

CLICK HERE NOW
To learn more about the FEATURES & BENEFITS and get a glimpse into how our
Oracle Primavera Unifier Consulting solution works with a brief DEMO HERE.

For immediate response/call back please connect with us here:  P: #1.650.712.6203   Email: cfryc@projectp.com

Through this three (3) part educational web-series, Project Partners will arm you with critical steps and insight into a Project Financials cost-effective solution. This unique solution offering will assist administratively burdened organizations like yours to effectively manage Project Financials around Capital spend through all phases of the Capital Lifecycle (Concept Definition, Funding Approvals, Execution, Reporting, and Managing Project Costs).

WHY CAPITAL PROJECTS? – WEBINAR REGISTRATION

CLICK TO REGISTER HERE for the three (3) part series as we explore the WHY and HOW to leverage EBS Project Financials for Capital Projects. We’ll walk you through the solution focused around project costing to your specific business requirements, robust functionality, and use of authorizations for expenditures to further efficiency gains and extensive return on investments.

REGISTER HERE TODAY.
Can’t make the scheduled series? Not a Problem…Click here to let us know and we will connect
with you regarding a replay.

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Our prebuilt, configurable Microsoft® Excel workbook to submit, control and monitor all
scheduled processes and reports for Oracle ERP Cloud.

Helping hundreds of customers just like “Franny” to efficiently manage scheduled processes and reports in Oracle Cloud. The Cloud Process Scheduler is a unique process and report scheduler workbook available to the enterprise from Operations and Finance to HR and Sales, empowering these teams and enabling any user to:

  • Define scheduled processes and reports that need to be run periodically
  • Setup fixed and variable parameters for each process and update variable parameter dates quickly.
  • No need to remember parameters or the order in which processes need to run thereafter, it does it automatically
  • Setup process dependencies to enable efficient workflows.
  • Do not need to wait for system response time navigating the Oracle Cloud screens / fields.
  • Easier data entry when processing multiple Operating Units.
  • Start the entire set of processes with 1-click. Reducing the number of keystroke by 100%.
  • Organize work into a group of activities and then process it as a unit.
  • Monitor the status of each process in the set as it completes, while you are easily completing other work.

To learn more about the FEATURES & BENEFITS and get a glimpse into how the Cloud Process Scheduler really works, take a few minutes and view a brief Cloud Project Financials DEMO HERE. We believe that this product will significantly change how you manage your processes and reports in the Cloud and enable you to increase your user productivity.

HOW DOES MY ORGANIZATION GET STARTED?

CLICK HERE NOW FOR OUR SPECIAL THIRTY (30) DAY FREE TRIAL.

Questions?
Simply reach out to us and our experts will immediately assist, provide additional information, demo and next steps.
MORE ON CLOUD PROCESS SCHEDULER

P: #1.650.712.6203 Email: cfryc@projectp.com

 

Providing Our Customers With Better Project Delivery Through Full-Service…
PROJECT APPLICATION & PROCESS ASSESSMENTS

Whether helping you uncover hidden project challenges stemming from your current functional and operational applications/processes to understanding the why and how to migrate to the cloud, our PROJECT APPLICATION/BACKGROUND PROCESSES ASSESSMENT services give you the rigorous framework you need to achieve success quickly.

Will Partner With You to Assess Your Project Applications and Processes Inside and Out.

Projects is the link that can penetrate your entire organization and requires careful analysis to maximize efficient operations. If you are experiencing what appears to be a pain in your organization’s business process and applications, then now is the time to LOOK UNDER THE HOOD.

CLICK HERE

Get started with SIMPLE next steps to obtain Project Partners holistic approach to a full assessment and associated discount offer.

FOR ANNOUNCEMENT | IMMEDIATE RELEASE:

Project Partners is pleased to announce that they have been selected by The Metropolitan Water District of Southern California as the Delivery Partner for its Project Controls and Reporting Systems (PCRS) project.

Half moon Bay, CA–June, 2018 – Project Partners, the world’s foremost Experts in Enterprise Project Portfolio Management™ for project-centric organizations has been awarded the Project Controls and Reporting Systems (PCRS) RFP by its client The Metropolitan Water District of Southern California.  The Metropolitan Water District of Southern California (MWD), founded in 1928 and headquartered in Los Angeles, CA, is a regional wholesaler that delivers water to 26- member public agencies – 14 cities, 11 municipal water districts, one county water authority – which in turn provides water to 19 million people in Los Angeles, Orange, Riverside, San Bernardino, San Diego and Ventura counties.

MWD is an existing customer of Project Partners, and together the two firms have established a strong working relationship with key stakeholders and internal project management teams. Project Partners first initial engagement was a successful upgrade of MWD’s Primavera P6 to version 8.1 and installation of OP3 integration solution. Since that time, Project Partners has continued to engage MWD as a partner resource, providing strategic consulting assistance around their project related business needs.

On MAY 4, 2017, MWD issued a public RFP for Project Controls and Reporting Systems (PCRS) and Project Partners submitted with a winning response.  “We credit our solid project success with MWD, customer success references, and the ability to leverage our strategic partnership with Senturus, a leader in Cognos reporting, including a successful completion of a complex Cognos solution roll-out, ” says Tamim Kulaly, Project Partners VP of Primavera Solutions. “Our entire team is thrilled to continue the work with MWD and look forward to providing a successful implementation and upgrade to reduce their time and costs, improve project controls and reporting, and ultimately enabling them to better anticipate and meet future business demands.”

The winning scope of engagement includes an upgrade and configuration of the Oracle Primavera P6 application (P6) from Release 6.2.1 to P6 EPPM, latest release. The conversion and/or creation of approximately 300 in-progress and future project schedules using Metropolitan’s defined templates; the building of a Cognos BI reporting system consisting of a user interface, dashboards, reports, emailed reports, data warehouse, and custom Extract, Transform, and Load (ETL) code; installation and configuration of an integration tool to integrate Oracle E-Business Suite’s Project Accounting and Grants Management (PAGM) application with Oracle Primavera P6 (hereinafter the PAGM-P6 integration application); and, other ancillary work as required.

The Project Partners team that worked on the RFP and with MWD management throughout the process to deal close was comprised of Randy Egger, President/CEO, Tamim Kulaly, VP of Primavera Solutions and Terri Maginnis, Primavera Practice Director.


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About Project Partners
Project Partners, LLC is a privately held firm headquartered in Half Moon Bay, California, offering consulting services and enterprise software products to project-driven firms. Founded in 1997 by Randy Egger, the former chief architect of Oracle’s Projects Applications, Project Partners has grown to include many talented people, including some of the original Oracle Projects® developers, support specialists and implementation consultants. Over 400 firms around the world have selected Project Partners for expert services and products that deliver an enterprise project management solution, increasing productivity and reducing operating costs. We are proud to be an Oracle Certified Partner Specialized in Oracle E-Business Suite and Oracle Primavera applications as well as an Oracle Certified Education provider and an Oracle Primavera Authorized Reseller, including Oracle Cloud Financials and Oracle Cloud PPM.

Project Partners has executed global implementations for clients who manage tens of thousands of projects, thousands of users, multiple languages and currencies. At Project Partners we are not satisfied until our customers are delighted, and it is this dedication to joint success that has garnered us the highest praise from our clients. We are proud to be widely recognized as The Experts in Enterprise Project Portfolio Management™.

About The Metropolitan Water District of Southern California (MWD)
Founded in 1928 and headquartered in Los Angeles, CA, is a regional wholesaler that delivers water to 26- member public agencies – 14 cities, 11 municipal water districts, one county water authority – which in turn provides water to 19 million people in Los Angeles, Orange, Riverside, San Bernardino, San Diego and Ventura counties. Metropolitan is governed by a 38-member board of directors who represent their respective member agencies ensuring each member agency is part of the governance of Metropolitan.

Contact Information

  • Media contact:
    Rebecca Portela
    Vice President Marketing | Business Development
    rportela@projectp.com

Project Partners Obtains Oracle Prime Cloud Resale Rights

Oracle Construction and EngineeringProject Partners is pleased to announce that we have become an authorized reseller of Oracle Construction and Engineering Prime Cloud. Oracle’s Primavera Prime Cloud is transforming the project portfolio management (PPM) landscape and we are excited to take part.

What is Oracle Primavera Prime Cloud?

Oracle Prime is a cloud-based, user-optimized Primavera PPM application that manages the full range of simple to complex projects of all types. Oracle Prime provides real-time visibility into project cost, schedules, risk, and performance information to empower portfolio planners, project managers, executives, and stakeholders to make better decisions and deliver better outcomes across all stages of the project lifecycle. Oracle Prime is equally a tool for capital planning and project delivery.

The cloud suite is mobile ready, offers built-in analytics, and features robust workflows and social tools to enable rich, real-time collaboration on mission-critical activities. Its intuitive user interface can be tailored to your business to increase adoption, minimize training, and deliver rapid time to value.

Oracle Prime Cloud Modules

Oracle Prime Cloud Modules

 

Oracle Prime Cloud Schedule Management

Oracle Prime Cloud Schedule Management Module

Features and Benefits of Oracle Prime Cloud

  • Integrated project and portfolio management 
    Create multiple portfolios to analyze projects and proposals. Analyze project portfolio activity, status and customer success metrics. Share performance improvement results with key business stakeholders.
  • Flexible workflow and collaboration
    In-built, configurable forms and workflow processes to address simple and complex business needs. Flexible collaboration system to improve coordination between project members.
  • Integrated platform
    Deliver scope, schedule and cost data on a single platform to reduce complexity. Real-time insight into portfolio activity, status, and metrics KPIs to improve decision making across projects and proposals.
  • 100% cloud-based solution
    Web-based application with zero client-side software. Leverage leading database and middleware technology. High performance, scalable, extensible and reliable system. Intuitive and flexible interface to save time and money and accelerate user adoption.
  • Mobility
    Purpose built mobile application leveraging device capabilities and providing a rich, targeted user interface and experience. Offline capability to access data on the go. In-built notifications and discussion capabilities to improve collaboration.

In addition to reselling Oracle Prime Cloud applications, Project Partners’ Primavera specialists can assist you with the design, implementation, and operational support of your Oracle Prime deployment.

As the leader in Oracle Primavera solutions, we provide our customers with Primavera project portfolio management solutions to help them make better portfolio management decisions, evaluate the risks and rewards associated with projects, and determine whether there are sufficient resources with the right skills to accomplish the work.

Contact us today for more information on maximizing the success of your PPM organization.

End-to-End Integration of Enterprise Resource Planning Applications for Project Organizations

How to Unlock the Value of your Project-Based Business Systems

Visibility & Control for Project-Driven Organizations

With the maturity of Cloud-based business applications, organizations can attain real-time visibility into the performance of their business with a single source of truth for business operations and finances. This modern technology can enable enterprise organizations to become more competitive and profitable on a single, inter-connected Enterprise Resource Planning (ERP) platform for tracking and managing the entire services business lifecycle.

Successful services organizations require modern systems that provide seamless integration between their ERP and Project Portfolio Management applications and processes. An integrated application infrastructure can be configured to lead your project-driven organization forward to greater efficiency from the moment a new sales opportunity is identified through to project sourcing, project delivery, and financial accounting.

In this blog, we will discuss the functionality and execution discipline of an integration business application solution for project-based organizations. This is the first blog in a series by Project Partners LLC, in which we will delve deeper into “How to Unlock and Maximize the Value” of each functional area of the services business lifecycle. 

Watch this video for an overview of our blog series Enterprise Resource Planning Applications for Project Organizations 

Modern Project Portfolio Management addresses all of the external inputs to and outputs from the business operations of the Enterprise. An integrated methodology is necessary to tie all functional areas into a cohesive system including ERP, Human Capital Management (HCM), Supply Chain Management (SCM), Customer Relationship Management (CRM), Enterprise Performance Management (EPM), as well as Project Management. etc.

Companies set to benefit from this approach include organizations in industries such as: Professional Services (incl. Architecture & Engineering Services), Construction (Contractor and Sub-contractor), ETO/ATO, Utilities, Government (Federal) Contracting, State and Local Government, Financial Services, IT, Owner-Side Construction, Aerospace & Defense, Product Development, Capital Projects and other indirect projects organizations. These organizations may represent entire companies or embedded sub-divisions or service lines within broader global enterprises.

Foundational Applications

Business applications for enterprise organizations begin with the core financial applications, which include GL, AP, AR, Assets and Cash Management, in order to record and manage their financial transactions.  Although managing Project financials can be accomplished directly with these applications via a project/task identifier in the GL chart of accounts, this is a very inefficient mechanism as it places a large burden on the GL to hold and report large volumes of project transactions. Further, this approach makes the operational groups totally reliant on the finance organization to provide them with the reporting they need to efficiently execute and manage projects.

Project Financial Management Applications
By providing an efficient bridge between finance and operational needs, Project Financial Management applications enable operations with a single source of truth for all project information. These applications provide visibility into the project structures, plans, and an aggregation of all project costs, revenue, and invoice information while seamlessly interfacing with various financial applications needed to record, process and report financial information. Further, these applications serve as a true sub-ledger by holding detailed project transactions for reporting and audit while providing finance with summarized entries that result in an uncluttered GL.

Enterprise Resource Planning (ERP) Applications
ERP for Project Organizations can be defined to include Financial Applications (including GL, AP, AR, FA, and Cash Management), HR Applications (HCM), and Supply Chain Management (SCM) Applications (including Sourcing, Self-Service Requisitioning, Procurement, Contracts and Receiving), in addition to Project Financial and Execution applications.

Human Capital Management (HCM) Applications
As people resources are a critical element to executing projects, HCM applications are also critical for project-driven organizations. These applications provide a single source of truth for people, organizations, jobs/roles, and cost rates for human resources. Project Partners’ core competencies derive from integrating Financial and Project accounting applications seamlessly with HCM to leverage these core entities.

http://www.projectp.com/ppblog/wp-content/uploads/2017/09/Human-Capital-Management-HCM-Applications.png

For these foundation applications, our Team has helped our clients structure financial processes based on industry standards and best-practices, and then further align these to the unique operational needs of the specific organization. This includes helping define project structures and classifications, resource types and sources, and cost types that best meet the organization’s. Project Partners also assists with mapping project transactions to financial structures to enable the automated flow of data across applications and accounting.

Labor Costing for projects is our specialty, be it standard costing based on person, role, location and job levels, actual costing based on salary rates from HCM, or payroll costing based on periodic paid amounts. We bring a deep understanding of this complex function across industries and provide solutions that fulfill your project and financial needs while meeting all labor cost security requirements.

Project Sourcing Applications

Customer Relationship Management (CRM) Applications
Projects and new delivery orders for production are typically sourced from Sales using CRM applications for execution of external contract work or from an approved budgeted portfolio of projects for indirect or capital work.

Sales opportunities in CRM applications are the initiation point for proposals that result in closed transactions and downstream execution.  An integrated application work-flow from CRM to Project Delivery and Execution applications allow sales and delivery organizations to work together on the best possible proposals (using estimates from past projects, products, or templates), then quickly plan and execute on the contract to close sales. Contract and Grant Management applications can optionally be included to manage complex contracts or execute work funded by grants.

Enterprise Performance Management (EPM) Applications
Budgeting and execution of proposed capital and indirect is reviewed, incorporated into organizational budgets, and approved for execution on a periodic (annual) basis using EPM applications.

When EPM applications are integrated in project financials, they enable a top-down and bottom-up planning and review process to arrive at the best possible mix of budgeted and approved projects. This integration also provides a means to optimize internal resources (demand and supply) and project prioritization and selection. Niche portfolio management applications, such as the Primavera application suite and Oracle Instantis, also provide good functionality in this space according to specific scenarios and requirements.

Enterprise Performance-Management (EPM) Applications

In addition to using best practice approaches to associate project sources to project execution applications, Project Partners provides software integration solutions that optimize and automate the entire project initiation and delivery process.

Project Delivery and Execution Applications

Successful project planning and execution across multiple functional areas requires a project execution management and work-flow application, such as Primavera Unifier, to compliment project financial management applications, such as Oracle E-Business Suite (EBS) and Oracle ERP Cloud (Oracle Fusion Applications).  In addition, Primavera P6 and other project management applications are used for more sophisticated project scheduling. These applications provide functionality to manage the core elements of project delivery including schedule, materials, and resources, while Primavera Unifier runs the work-flow, approvals, contract management and cost-control cycles, with touch-points across all applications.

Supply Chain Management (SCM) Applications
SCM applications, such as sourcing, procurement, procurement contracts, inventory, etc., become critical for business operations that rely on procured items as a large percentage of project costs – typically construction and manufacturing project-driven organizations. These applications source their demand as driven from project plans and subsequently provide purchase commitment transactions back to the project financials system for an accurate Management view of project cost (and liability).

In addition to the project delivery and execution applications discussed, Project Partners can implement and support the leading industry specific business process optimization applications to provide functionality tailored to your industry requirements. Project Partners provides expert services in all of the following environments:

  • Professional Services Firms: Oracle ERP Cloud configured for Services Resource Planning (SRP)
    • In our following blog-posts we will explore this packaged Oracle Cloud solution from Project Partners – (See it demonstrated Live at Oracle Open World in October in San Francisco!)
  • Project-driven Industries: Oracle ERP Cloud integrated with Primavera Unifier/P6/Analytics
  • Capital Construction for General and Sub-Contractors: Primavera Prime
  • Construction for Owners, for system-wide Project Controls and Execution: Primavera Unifier
  • IT/Ideation/Product Development: Oracle Instantis and Oracle Product Lifecycle Management (PLM) Applications
  • Assemble/Engineer to Order: Shop-floor/Manufacturing Automation Applications
  • Utilities/Capital Intensive Industries: Oracle Asset Management Applications
  • Service Providers: Field Service Applications

 

Enterprise Resource Planning Applications for Project Organizations

 

With process and software solutions to integrate back-office financial applications to front-office delivery and execution systems, Project Partners brings significant industry and business process experience. We deliver solutions to project-driven organizations that optimize and integrate all business systems and operations. Today’s organizations require this cohesive end-to-end technology platform to operate more efficiently and competitively and to drive more value and ROI out of their IT investments.

Our implementation and integration solutions are designed to automate, streamline, and control project financial and project execution management processes end-to-end and, as a result, enable you to

  • Improve sales and service profitability with standardized offerings, costing, and pricing
  • Improve cash flow and customer satisfaction with accurate and timely invoices
  • Enhance worker productivity, competency/skill, and engagement
  • Work load balance across initiatives, projects, and cross organizational management
  • Automate manual operational/financial processes and reduce redundant administration
  • Facilitate cross organization interaction through workflows and social collaboration
  • Streamline your financial consolidation and monthly close cycle
  • Have a real time, trusted, single source of truth for your business data and supporting transactions
  • Use role based dashboards and Key Performance Indicators that provide insight into people, customer, project, and financial performance

 

Contact us to unlock the value of your Project business applications

Stay tuned for additional blog-posts on modernizing your enterprise business systems on a single ERP platform to maximize your business application investments.

Learn More:

Video: Business Applications for Project-Driven Organizations
Video: Oracle ERP Cloud Video Series
Solution Overview: Project Partners Services Resource Planning