Understanding Construction Work

Configuring for this functionality involves setting up the construction work management specific objects discussed in this section.

Refer to Construction Work Management Setup for the setup sequence and prerequisites.

Property Units

Property units group capital and fixed assets that have similar depreciation characteristics. Deprecation is currently not managed within Oracle Utilities Work and Asset Management. Oracle Utilities Work and Asset Management can interface fixed assets, for example, property unit, quantity, in service date, value, and so on, to an external fixed asset management system.

CU Category

CU Category provides a categorization for compatible units.

Every CU Category must belong to a CU Class. A CU Category can be referenced by one or many CU Equipment Groups (for example, Pipes, Poles, or Wires).

Equipment Groups

Equipment groups categorize CU Sets. Every CU Set must reference a single equipment group, however, an equipment group can have many CU Sets.

Likewise, every equipment group has a single CU Category, but a CU category can have many equipment groups.

CU Usage

Defines usage categories for compatible units. When planners add compatible units to a work design or construction work order, they can choose a CU Usage, which filters the cost centers to use for the CU. Each CU usage can be associated with one or more cost centers.

Overhead

Overhead defines how expenses get applied against work designs and construction work orders.

There are two classes of overhead, Direct Overhead and Indirect Overhead.

• Direct Overhead refers to costs charged to a general Construction Overhead activity. For example, a Construction Work Order could have many actual construction work activities, but only one construction overhead activity for people to book the time they spend designing the entire construction project. Other examples of direct overhead cost could be contingencies, permitting fees, and easement fees. Direct Overhead cost is distributed among those actual construction activities when they close.
• Indirect Overhead refers to costs that are not tracked within Work and Asset Management, but should be considered as part of the capital expenditure. For example, some construction work is funded by a loan or bond which have costs of their own.