The latest release of Oracle E-Business Suite Projects applications offers many new features that further enhance your current implementation of Oracle E-Business Suite Project Costing, Billing, Planning and Control, and Project Contracts.

New Features

Project Costing

Uncosted Expenditure Batch Releases

• It supports un-releasing a batch rather than having to reverse it fully.

Transaction Controls Public API

• The new API supports creating and assigning Transaction Controls at a Project and Task level.

Delete or Correct PA Periods

• A new custom program is delivered to support deleting incorrectly defined PA Periods. This process allows the user to review the status of the Projects periods and determine whether the Project period is eligible for deletion and recreation.

Especially Relevant to:

• All Industries

Project Billing

Plan, Execute, Monitor and Control Unit Rate Based Projects

• For SOV (Schedule of Values), invoices can be generated based on the actual work progress completed across the SOV lines.

Especially Relevant to:

• Engineering and Construction Industry

Project Planning and Control

Budgetary Controls for Financial Plans

• The Budgetary Control integration available for use budgets in Oracle Project Costing is extended for use with financial plans in Oracle Project Planning and Control. Project managers now have the visibility to limit commitments and actual expenses within the project as approved cost budget, view the actual and commitment funds check results, and monitor the failed transactions to take corrective action.

Especially Relevant to:

• Government Contracting
• Capital Projects

Plan, Execute, Monitor and Control Unit Rate Based Projects

• For unit rate-based contracts, payments are based on the product of units delivered at a unit price. The Schedule of Values (SOV) quantifies the value of contractual project delivery lines that yield the overall cost, scope, schedule, and quality (CSSQ). SOV to measure and manage progress based on the delivery units that drive billing.

Especially Relevant to:

• Engineering Construction

PPR Refactoring

• Project performance reporting processes and architecture are enhanced to:
  • Improve the accuracy and performance when summarizing project data used to report project performance, plan analysis views, and project health status.
  • Streamline the compilation and display of project information in the project plan and reporting views.
  • Provide a reconciliation report that provides results of completed summary data processing programs.

Especially Relevant to:

• All Industries

Planning by Cost Breakdown Structure for Intercompany and Interproject Billing

• Cost breakdown structures can be used for all projects, including projects enabled for a cross charge, intercompany, and interproject billing.

Especially Relevant to:

• Engineering & Construction

Project Contracts

Projects Contract Validation Framework

• Oracle Project Contracts provides a Validation Framework for quality assurance of all Project Contracts by using two new vital entities that can be used to quickly identify any invalid values in the User Defined Attributes of a contract at contract header and line levels.

Especially Relevant to:

• Government Contracting
• Complex Commercial Contracting (Focus on Project Manufacturing)