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 (e.g. 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.
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. For each usage you specify the cost center that is specific for that usage.
Overhead
Overhead defines how to apply expenses against work designs and construction work orders.
There are two classes of overhead, Direct Overhead and Indirect Overhead. Direct Overhead refers to cost 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. Direct Overhead cost is distributed among those actual construction activities when they close.
Indirect Overhead refers to cost that’s not tracked within WAM, but should be considered as part of the capital expenditure. For example, some construction work is funded by loan and/or bond, which have cost of their own. Indirect Overheads are applied as a percentage of the actual cost of the construction activities.
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