Project Units

Project units are operational subsets of an enterprise that conducts business operations using projects and enforces consistent project planning, management, analysis, and reporting. Project units often represent lines of business, such as Consulting Services, Sales, and Research and Development.

You must set up at least one project unit to use in Oracle Project Portfolio Management.

Maintain independent setup data for each project unit while sharing a common approach to financial management across all project units. The following graphic shows two project units that share a common approach to financial management and data. Each project unit maintains separate reference data for managing projects.

General Properties

General property options include the default reference data set the application uses for any new reference data object associated with the project unit. You can override the default set for each reference data object. The method of project number creation, either manual or automatic, and daily or weekly full time equivalent hours for reporting purposes, are also included in general properties.

Set Assignments

Assign sets to project units to determine how the application shares reference data across different lines of business in a company. A project unit is a set determinant for the following objects.

• Project Definition: Includes set-enabled reference data for the project definition including:

  • Class code

  • Financial plan type

• Project Transaction Types: Includes set-enabled reference data for project transactions including:

  • Project expenditure type

  • Project work type

Set assignment configuration includes the following options for each project unit.

• Reference Data Object: For the project definition and project transaction types.

• Reference Data Set Code: By default, the set for each reference data object is from the default set specified for the project unit.

Related Business Units

You associate business units with a project unit to identify the business units that are accountable for financial transactions of projects in each project unit. You can change the project unit and business unit association if you haven't used the combination on a project or project template. If a business unit isn't associated with any project unit, then the business unit is valid for all project units.