Oracle has just unveiled a new product: Oracle Project Procurement, as part of E-Business Suite Release 12.2.4.
Oracle describes Project Procurement as enabling project teams to establish and measure strategic project objectives and drive project procurement planning, decision-making and execution throughout the lifecycle of a project.
The solution reportedly provides an integrated platform for project managers and project buyers to collaborate, giving everyone the information they need to make planning and execution decisions without the need to “alert, notify or engage in unproductive communication.” That’s an interesting statement!
Oracle states that Project Procurement “breaks traditional functional silos and communication gaps between project management and procurement by ensuring your project teams are on the same page at all times in the lifecycle of the project.”
The announcement also stated that users of E-Business Suite Project Portfolio Management and Advanced Procurement will find that implementing Oracle Project Procurement will deliver immediate benefits. Project Procurement integrates with Oracle Project Management, Oracle Project Costing, Oracle Project Resource Management, Oracle Purchasing, Oracle Sourcing, Oracle iProcurement, Oracle Supplier Lifecycle Management and Oracle Payables. Users leverage Project Procurement’s Command Center itself, without having to access all the integrated modules separately.
Download the product datasheet here to learn more about this new Oracle product.
Oracle has just published a new EPPM Board whitepaper.
Mike Sicilia, SVP and GM of the Oracle Primavera Global Business Unit, and the rest of the Enterprise Project Portfolio Management Board met to discuss and assess the quality of project portfolio performance information available to executives.
“Quality is of course the key value in this pursuit, because no organization suffers for a lack of information quantity,” Mr Sicilia said. “Rather, the emphasis is on providing focus, and aligning the insights generated with the values and measures most directly connected to the decision making process.”
This new whitepaper discusses the momentum companies are gaining in terms of their approach to information delivery, and how they can ensure that the right data is available exactly when and where it is needed.
This publication distills the findings of the EPPM Board on the following topics.
• Identifying and removing obstacles to the flow of information
• Prioritizing the right data – gaining valuable insights from the vast pool of information now available
• The move from project management to project leadership
• Creating a culture of openness that allows a single version of the truth, visible to all
Register and download Connecting the Dots via our Resource Library.
Continuing our discussion of Oracle E-Business Suite Project Manufacturing (PJM), how can you determine whether Oracle PJM is a fit for your organization? And what benefits does Oracle PJM deliver?
Oracle Project Manufacturing was designed to support firms in the following industries.
- Aerospace and Defense
A common denominator is that these companies plan, track, procure, and cost based on project, contract, or Seiban numbers. Read the rest of this entry »
By Angela Walia
Companies can utilize Oracle’s Business Process Management (BPM) suite to streamline business processes and introduce automated workflows. By eliminating manual work efforts and creating standardized workflows, businesses can improve organizational value, overall costs and productivity. This article explains the benefits delivered by Oracle BPM.
Visibility Enables Improvements
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By John D. May
Oracle Project Manufacturing manages the construction of large, often unique, items or structures that require custom design. It is a comprehensive system that, especially if combined with Oracle E-Business Suite Projects and Project Contracts modules, provides a robust solution for project or contract-based manufacturers in the Aerospace and Defense, Engineer-To-Order, and Seiban industries.
Oracle Project Manufacturing helps you control a broad range of product designs and quickly respond to changes that may impact your contract planning, costing, and, execution.
Criteria to Review When Considering Project Manufacturing
Project Manufacturing primarily addresses the Engineer-To-Order (ETO) manufacturing industries. These industries are characterized by building unique custom products and generally require specialize costing, scheduling and financial management. Consider the following items to see if your manufacturing method is more repetitive or specialized. Read the rest of this entry »
By Terri Maginnis
What is Expected Finish in Primavera P6?
Expected Finish is a date field that is available at the activity level in P6 (activity table only) and P6 Professional (activity table and activity details). This field can be used when updating your schedule in order to indicate when you expect on-going activities to be completed. This can be very useful when you are involved in a project where the team gives you the date they expect to finish the work instead of the amount of time they need to complete the work. As a matter of fact, this is a very common situation on a project. This may be due to the fact that it is more natural for the human brain to come out with a date rather than calculating the time/effort that is necessary to reach that date.
The Main Benefits of Expected Finish
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Oracle issued a press release today announcing a new Project Portfolio Management (PPM) solution named Oracle Primavera Prime. Oracle Primavera Prime is the first Enterprise PPM offering designed to leverage Oracle’s Engineered Systems vision, a tightly integrated technology “stack” of Oracle hardware and software components, to deliver superior performance and ROI.
The first module in the Oracle Primavera Prime suite is Oracle Primavera Prime Capital Plan Management. Oracle Primavera Prime is integrated with Oracle’s Primavera P6 and enables time-phased details to be shared between each solution related to budget, cost and schedule progress.
The full press release is below.
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By Steve Sexton
In recently working with a major software company, it became quickly apparent that this organization was a great example of the scenario many captive services businesses face as the high-tech industry continues to evolve. Experiencing declining revenue and margin, this organization is introducing significant change to align and execute against new go-to-market strategies, but the organization’s operational maturity and supporting infrastructure will have to rapidly progress to support performance goals and its ability to invest in developing strategic capabilities. Read the rest of this entry »
Don’t miss the latest issue of our Primavera Newsletter!
You’ll find links to new on-demand webinars, invitations to new live webinars, an excellent new report by Oracle about the Changing Face of Enterprise Project Portfolio Management, and more.
Read the newsletter now.
Are you attending the Construction CPM Conference in sunny Orlando this week? Then don’t miss this session on Friday, immediately after lunch:
FRI42 – R12.2: It’s Not Just a Technical Upgrade; the Value for Project-Centric Organizations
Oracle E-Business Suite (EBS) Applications Release 12.2 has been generally available from Oracle since September 2013. This long-awaited release provides significant enhancements across the integrated suite of business applications spanning enterprise resource planning, project performance management, and supply chain management. Join this presentation to understand the various approaches in upgrading to R12.2. Additionally, receive a baseline for measuring the potential value in driving cost savings and improvements to cash flow with new features specific to project centric industries including, but not limited to project supply chain planning, planning by cost breakdown, subcontractor management, and mobile project management.
This session will be presented by Rhonda Straub, Project Partners’ Associate Vice President, Oracle ERP Services.