Task Overview

Review the tasks you'll perform in Projects. In general, you'll plan projects in this order:

1. Set user variables. Setting User Variables.

2. Enter project details. See Adding Projects and Entering Project Details.
3. Review or enter project standard rate assumptions set up by your administrator. See Entering Project Assumptions.
4. Manage project expenses and revenue, including setting up driver-based assumptions for expenses and revenue. See Planning Expenses and Planning Revenue.

5. Optionally:

   • For capital projects, if Projects is integrated with Capital, you can plan for capitalization of projects. See Capitalizing Projects.

   • For contract projects, define revenue recognition performance obligations and percentages, and perform revenue recognition what-if analysis. See Defining Revenue Recognition Obligation Details.
   • Analyze projects over a rolling forecast range. See Using Rolling Forecast with Projects.
6. Review dashboards and analytics. See Analyzing Project Financials With Dashboards and Analyzing Project Performance.

Note:

You might not see all the features you see in this section, depending on what your Administrator has enabled.

Note:

In a 13-period application, for artifacts labelled with Month, Month does not represent a calendar month but the period defined through the 13 period calendar.

To get started, click Projects and then select a component:

Table 6-1 Projects Tasks

Task	Perform These Tasks	More Information
Project Summary	Review project overview and variance dashboards. Add new projects and enter project details. Review project rate assumptions, including Standard Rates, Overhead, Working Days and Hours, and Discount Rate.	Analyzing Project Financials With Dashboards Adding Projects and Entering Project Details Entering Project Assumptions
Expense	Plan project expenses using best practice driver-based models using built in calculations or by entering expenses directly. You can plan for expenses such as labor (including rate-driven expenses), equipment (including rates based on asset class), and materials (including rates based on standard material costs). Review overall project expenses in the dashboard. Set up driver-based expense assumptions. Enter expenses directly and plan project benefits. Review project expense details. Review project rate assumptions, including Standard Rates, Overhead, Working Days and Hours, and Discount Rate.	Entering Project Assumptions Planning Expenses
Revenue	Plan project revenue, for contract projects only. Use built-in analysis tools to analyze project performance. Review overall contract project revenue in the dashboard. Set up driver-based revenue assumptions. Enter revenue directly. Define revenue recognition performance obligations and percentages, and perform revenue recognition what-if analysis. Review and analyze project revenue details, using metrics such as NPV, ROI, and EVM to track project variances and performance. Review project rate assumptions, including Standard Rates, Overhead, Working Days and Hours, and Discount Rate.	Entering Project Assumptions Planning Revenue Defining Revenue Recognition Obligation Details
Analysis	Analyze projects using built-in calculations and dashboards that display variance, cash flow, and profitability. Review built-in KPI calculations such as ROI, NPV, FTE. Review overall project expenses and cash flow. Review a list of predefined forms.	Analyzing Project Performance Reviewing Forms and Instructions

Video

Your Goal	Watch This Video
Learn about entering data in Projects.	Entering Planning Data in Projects for Oracle Enterprise Planning Cloud.