Understanding Project Portfolio Management Options
You must establish the following options before you use the system to create and analyze project requests:
System options.
Supporting data.
User preferences for portfolio analysis.
System Options
The system options are application-wide settings that:
Establish the records that the system uses for department and account data.
Control how project request IDs are generated.
Define discount rates.
Define currency conversion rate types.
Define workflow options.
Define integration options.
Define the dimensions and measures available for portfolio analysis.
Identify which users can edit project request data.
Supporting Data
The supporting data that you define establishes:
Initiative types, which are used to map a specific type of project to a particular project owner.
Priority selections, which are used to rank the importance of project requests.
The database records that the system uses to determine the allowed departmental budget amounts for project requests.
The measures and dimensions that are available for use in project portfolio analysis.
Risk elements, which are used to categorize risks.
Milestones for project requests and risk elements.
User Preferences for Portfolio Analysis
These preferences establish the default business unit, scenario, fiscal year, and period that a user views when analyzing project portfolios, and any additional measures to include.