Deep dive into Oracle Project Management (PJT) Features and Functionalities

Oracle Project Management (PJT) Key Features:

• Workplan and Progress Management
• Reciprocal integration with MS Projects
• Oracle Resource Management Integration
• Enhanced Budgeting and Forecasting features
• Projects Deliverables Management
• Project Status Reporting
• Issue and Change Management
• Document Management
• Project Performance Reporting
• Performance Exceptions Reporting
• Performance Measures and Graphs
• Program Management and Reporting

 

Workplan and Progress Management features:

• Facilitate scheduled completion of project work
• Task managers and team members can manage their tasks and communicate progress to the PM
• Supports the following key activities:

            • Create, manage, version, and view workplans
            • Create and maintain tasks and resource assignments
            • Track progress for projects, tasks, and resource assignments

 

Reciprocal integration with MS Projects:

• Use MS Projects to create and maintain WBS
• Send and receive a project
• Send an update
• View real-time project information
• Receive real-time values for task attributes
   

Oracle Resource Management Integration:

• Define Project resource requirements based on Project Roles
• Leverage competency for suitable searches with correct skill sets
• Determine project requirement staffing through search and nomination
• Automate employee assignment to the project
• Track time and report against the approved assignment
• Use pre defined (Discoverer) reporting workbooks for reporting

Enhanced Budgeting and Forecasting Features:

• Create budgets and forecasts to manage the financial performance
• Track project status and performance
• Generate budgets and forecasts from:

            • Staffing plans,
            • Workplans,
            • Financial plans

• Enter plan amounts using Microsoft Excel and HTML

 

Projects Deliverables Management Features:

• Create project deliverables, associate them with workplan tasks, and track them
• Define Deliverables
• Define Deliverables Actions
• Execute Deliverables Actions
• Collect & Rollup Deliverables Progress
• Integrate with Other Applications (e.g. AR for Billing)

 

Project Status Reporting Features:

• Report relevant project status information
• Control access to unpublished reports
• Reporting cycles define the start and end dates for the reporting period

 

Issue and Change Management Features:

• Centralized system to manage issues and change requests
• Team members can work together collaboratively
• Track issues and change requests from creation through to completion
• Create issues based on predefined issue types
• Assign actions to people to help resolve the issues
• Enable team members to comment on issues
• Export a list of issues into a Microsoft Excel spreadsheet for further analysis
• Automatically route issue approval using Oracle Workflow

 

Document Management Features:

• Team Members can attach and store documents
• Attachments can be:

            • a File
            • a URL
            • a Plain text box

• Users can define attachment categories that defines the types of documents that can be attached
• Attachment categories can be based on common characteristics that a class of documents have

 

Performance Reporting Features:

• “At-a-glance” comparison of actual versus planned performance as defined in project budgets and forecasts
• View performance in the areas of effort, cost, profitability, earned value, billing and collections, or capital costs
• Graphical and tabular overview of data
• Review of project performance information at the project, task, and resource levels by time period
• Drill down features to view detailed transaction information such as commitments, expenses, and events

 

Performance Exception Reporting:

• Review a summary of exceptions and issues on a project
• The status indicators provide an immediate understanding of critical, at risk, and on track issues on the project
• Drill down to the details of a single exception, and enter or review remarks and reminders for corrective actions
• Automatically generate the latest exceptions and key performance area status indicators on a periodic basis
• Automatically communicate the latest key performance area performance statuses and exceptions to key stakeholders via e-mail

 

Performance Measurement and Graphs:

• Supports predefined measures for cost and profitability
• Measures appear in the performance overview of the project
• Measures can be used to create custom measures
• Supports a set of predefined graphs that analyze cost, profit, and earned value information

 

Program Management and Reporting Features:

• Program is a collection of projects linked in a hierarchical fashion
• View and manage workplan and financial information for a group of projects
• Track and report on rolled-up planned, actual, and forecasted effort, cost, and revenue, as well as progress and schedule information for all projects in the program hierarchy
• Top down linking approach facilitates navigation and drill down into the individual linked projects within the program hierarchy