Overview of Implementing Project Financial Management and Grants Management

The first implementation step is to configure the Project Financial Management and Grants Management offering in the Setup and Maintenance work area by selecting the relevant offering, functional areas, and features that you want to make available to implement.

To implement Project Financial Management and Grants Management, you must have the Application Implementation Consultant role (ORA_ASM_APPLICATION_IMPLEMENTATION_CONSULTANT_JOB).

Use the Project Financial Management and Grants Management offering to configure how you manage projects, including how to plan, budget, forecast, manage awards, collect costs, bill customers, and report performance.

You can implement Project Financial Management and Grants Management in the following ways:

• Using Functional Areas

• Using Implementation Projects

• Using CSV File Packages

• Using Rapid Implementation

Functional Areas

Functional areas gives you the flexibility to set up different functional areas of the offering at different times. You can begin with setup of the functional areas you require immediately and then set up other functional areas as you adopt additional offering functionality over time. This setup process is ideal for an enterprise looking for a simpler implementation approach.

Let's take a look at the project-related functional areas available in this offering.

Functional Area	Description
Project Organizations	Configure how you manage project units, project classifications, organization hierarchies, and business unit options.
Project Foundation	Configure how you manage project organizations, create projects, plan project tasks, and review project details. This common foundation is shared across the Project Financial Management applications.
Burdening	Configure options used to calculate, group, and apply indirect costs to project expenditure items to report and account for the total cost of a project.
Grants Management Foundation	Configure how you create and maintain awards, award funding, and award projects.
Project Control	Configure how you monitor project execution, progress, budgeting, and forecasting.
Project Billing	Configure how you invoice customers and recognize revenue for project contracts, including contract management, intercompany billing, and the calculation of estimated taxes on invoices.
Project Costing	Configure how you collect, monitor and influence the costs associated with the delivery of the project and management of capital assets.
Project Costing - Project Costing Base	Configure how you collect, monitor, and influence the costs associated with the delivery of the project.
Project Costing - Capital Projects	Configure how you record asset costs, calculate capitalized interest, and create events to group costs and assets.
Project Billing - Project Contracts	Configure the funding and billing relationships between the external parties who require the project and the parties who deliver the project.
Project Billing - Project Billing Base	Configure how you invoice customers and recognize revenue for project contracts.
Project Billing - Internal Project Billing	Configure how you use internal invoices to share costs and revenue across projects and organizations.
Project Performance Reporting	Configure how you collect and review project performance data against defined performance areas.
Budgetary Control and Encumbrance Accounting	Enable budgetary control with or without encumbrance accounting in any part of your organization. Note: This enterprise-level functional area option is typically used by public sector customers.
Project Business Intelligence Analytics	Enable business intelligence reporting and analytics capabilities for project management data.
Project Revenue and Billing Business Intelligence Analytics	Enable business intelligence reporting and analytics capabilities for project revenue and billing data.
Project Performance Business Intelligence Analytics	Enable business intelligence reporting and analytics capabilities for project performance data.
Project Control and Costing Business Intelligence Analytics	Enable business intelligence reporting and analytics capabilities for project control and costing data.
Project Accounting	Configure subledger accounting and set up subledger accounting rules for Project Financial Management.

The following functional areas are also in the Project Financial Management and Grants Management offerings, but aren't unique to the offering:

• Initial Users

• Enterprise Profile

• Legal Structures

• Financial Reporting Structures

• Organization Structures

• Workforce Structures

• Users and Security

• Transaction Tax

• Transactional Business Intelligence

Implementation Projects

Using this method, you create an implementation project to generate a list of setup tasks, assign tasks to various users who are responsible for managing setup data, and monitor progress of the completion of the setup tasks. This method is best suited to manage setup as a project by assigning responsibility of managing setup data to a broad group of users while monitoring their progress.

Here's the table that describes the tasks lists that are available to you when you enable all functional areas and features.

Task List	Description
Define Initial Users for Project Financial Management	Populate the product tables with the users and roles held in LDAP and then create and provision job and data roles for the initial users.
Verify Grants Management Offering Implementation Status	Verify that the implementation status of the Grants Management offering is set to In Progress or Implemented. The implementation status enables the grants functionality throughout Oracle Fusion Project Portfolio Management applications.
Define Enterprise Profile for Project Financial Management	Access your enterprise organization, such as legal entities, legal jurisdictions and authorities, and business units, and specify their use in Project Financial Management applications.
Define Financial Reporting Structures for Project Financial Management	Define the accounting configuration and chart of accounts that serve as a framework for how financial records are maintained for an organization.
Define Organization Structures for Project Financial Management	Configure business units for controlling transactions and workforce structures for managing the enterprise.
Define Project Organizations	Manage the organizations that own, control, or contribute to projects, including the project units and the project and business unit implementation options used by Project Financial Management.
Define Users and Security for Project Financial Management	Define and assign security policies and data roles to enable users to perform functions related to their job roles.
Define Project Foundation Configuration	Configure all foundation components for creating and maintaining projects in Oracle Fusion Project Portfolio Management.
Define Project Control Configuration	Configure Oracle Fusion Project Control to monitor project execution, progress, budgeting, and forecasting.
Define Project Costing Configuration	Configure Oracle Fusion Project Costing to collect, monitor, and influence the costs associated with the delivery of the project.
Define Project Billing Configuration	Configure Oracle Fusion Project Billing to invoice customers and recognize revenue for project contracts.
Define Project Performance Reporting Configuration	Configure Oracle Fusion Project Performance Reporting to collect and review project data against defined performance areas.
Manage Project Templates	Manage templates to quickly create projects that share common features, attributes, and options.
Define Budgetary Controls for Project Financial Management	Configure the applicability of budgetary control on various business process flows, and set up the business rules to enforce budgetary control.
Define Subledger Accounting Rules for Project Financial Management	Configure subledger accounting and set up subledger accounting rules for Project Financial Management.
Define Transactional Business Intelligence Configuration	Define the configuration for Oracle Transactional Business Intelligence to enable business intelligence reporting with the Oracle Fusion Applications.

CSV File Packages

To create or update setup data in bulk, use the export and import of CSV file packages. Use CSV file packages to manage setup data of a specific task or a group of tasks associated with a functional area or offering.

In the Setup and Maintenance work area, from the Actions menu, use the Export to CSV File and Import to CSV File links to edit and upload the CSV files with the set up data.

Rapid Implementation

Use this feature to quickly set up the Project Financial Management or Grants Management offerings by populating and loading the Rapid Implementation for Project Financial Management Applications macro-enabled Excel spreadsheet.

The table lists the Rapid Implementation tasks included in the Define Project Financial Management Configuration for Rapid Implementation task list.

Task	Description
Create Project Financial Management Setup Data	Use this task to download the rapid implementation spreadsheet. After downloading the rapid implementation spreadsheet you can start entering your setup data.
Load Project Financial Management Setup Data	Use this task to load the setup data into the application.