Project Proposal

A project proposal is a strategic document designed to secure funding, gain stakeholder confidence, and drive project approval. It highlights the proposing company's expertise, along with the project's goals, objectives, scope, timeline, budget, and expected outcomes.

In Oracle PPM Cloud, you can create a comprehensive project proposal that covers project objectives, scope, timeline, budget estimates, and staffing plans, using Oracle AI during project planning. Project managers can easily edit and finalize the proposal, saving time and improving efficiency. For example, when starting projects from advanced sales opportunities, use the project proposal to clearly communicate the project's goals, scope, and expected outcomes to stakeholders, securing the required funding and resources.

Here are the benefits of using an auto-generated proposal:

• Significantly reduces proposal creation time, minimizing manual errors and improving efficiency.
• Quickly generate tailored project proposals that align with specific client requirements by updating the automatically generated proposal.
• Allows project stakeholders to make informed decisions faster, helping secure the necessary funding and resources without delays.
• Enables organizations to respond rapidly to advanced sales opportunities, increasing their chances of winning projects by presenting well-defined plans to clients.

Create a Project Proposal

Before you create a project proposal, ensure that the project includes a high-level plan, budget, and clear description. This ensures the generation of an accurate and effective proposal.

To create a project proposal:

1. In the My Projects page, select a project and click Create Project Proposal on the Actions panel.
2. In the Manage Project Proposals page, click Create.
3. In the General Info page, review the project information.
4. Click Continue.

5. On the Proposal page, review the generated proposal information. You can edit the content and regenerate individual sections separately if needed. When you regenerate, it will use the current project details, including any recent updates.

   Section	Description
   Company Background	Displays the company background, company’s expertise, industry presence, and key capabilities.
   Executive Summary	Displays the project purpose, objectives, goals, expected outcomes, and how the project aligns with stakeholder expectations.
   Implementation Plan and Project Timeline	Displays the approach for execution, including major milestones, timelines, and estimated budget.
   Resource Plan and Budget Allocation	Displays the resource requirements, including project roles and financial allocations.

6. Click Save.
7. Click Publish when you are ready to publish the proposal. After you publish a proposal, you can’t make changes to it.