Guest post by
Rajan Gupta, Senior Consultant - Manufacturing vertical, Consulting & Systems Integration, Infosys
Overview of Oracle Projects core functionality
Oracle Projects is a widely used application in project centric organizations and provides a comprehensive enterprise project management solution. Oracle Projects suite includes modules like Project Costing, Project Billing, Project Resource Management, Project Contracts, Project Manufacturing, Project Management, Project intelligence and Project portfolio. Life cycle of the project starts with bidding of projects, creation of project opportunities, scheduling of activities, assigning resources, budgeting and then execution of the project. Execution of the project includes budgeting of the project, managing deliverables, collecting cost on the project (Time entries by employees working on the project, software & hardware purchase, travel etc.), shipping and generating forecast. Oracle Projects has been undoubtedly the leader in controlling financial and delivery aspects during the execution of the project. Project costing (PJC) and Projects billing (PJB) have always been the Heart of Oracle Projects and are widely used modules. Oracle Projects has standard streamlined interfaces with Financials, Human resources, manufacturing, time and labor engine and supply chain management modules. That makes Oracle Projects a stable application to execute different types of projects in the company.