Oracle Project Portfolio Management Cloud, or Oracle PPM Cloud, is a fully integrated project management tool that your organization will leverage for efficient project management. As a project manager, you can use Oracle PPM Cloud to oversee projects, review robust project reports, and manage deliverables, deadlines, and resources. Read on to learn more about resources in Oracle PPM Cloud.
There are two types of resources in Oracle PPM Cloud:
Oracle PPM Cloud comes with four predefined resource classes. You cannot create more resource classes. The following list defines each resource class:
We will focus on labor resources in Oracle PPM Cloud in this article.[/vc_column_text][vc_column_text]
[/vc_column_text][vc_column_text]To add a resource, you will navigate to the Manage Financial Project Plan page for your specific project. From this page, you can assign resources to each task by using the Add icon in the Resources column. Once you click the Add icon, you will use the Resource drop-down menu to select the appropriate resource. The Resource drop-down menu on the Manage Resources pop-up window contains all types of resources.
Note: The resources in this drop-down menu are configured with the Manage Planning and Billing Resource Breakdown Structures task. You have to manually add the types of resources to the Planning Resource Breakdown Structure.
The application will calculate the raw and burdened cost once you save the resource.
Before you can assign employees to projects tasks and project templates, you must first add named users as labor resources in Oracle PPM Cloud.
To add named users as labor resources in Oracle PPM Cloud, you will need to navigate to the Manage Planning and Billing Resource Breakdown Structures task within Setup and Maintenance. Once you are on the Manage Planning and Billing Resource Breakdown Structures page, follow these steps:
Note: You can also edit an existing Planning Resource Breakdown Structure. Any edits you make to an existing Planning Resource Breakdown Structure will not apply to any projects that already use the structure.
Note: If you are adding a planning resource breakdown structure, it is best practice to back date it so ongoing projects can use the structure.
Note: This will allow named users within the system to be added to projects as labor resources.
Note: You can use the Spread Curve drop-down menu to change the spread curve. Prorated Even is the default Spread Curve.
Note: The application will auto-fill the Name fields in the Named Person: Planning Resources section for each named person after you have saved your changes.
Note: These steps do not add labor resources to projects. You have to add the planning resource breakdown structure to a project or project template in order for those resources to be available for that project.
It is important to put the right people in the right position on the right project. In order to efficiently complete projects, the right team members need to be assigned to your organization’s projects. To add a labor resource to a project, complete the following steps:
Note: This will expand a pop-up menu with tasks for that project.
Note: You can select the Manage Financial Project Settings row to confirm the Planning Resource Breakdown Structure has been added to the project.
Note: The application will auto-populate the Start Date and Finish Date fields according to the project task’s duration. However, you can edit both dates as long as it falls within the project task’s dates.
Note: Alternatively, you can click the Save button to confirm the values in the Raw Cost Planned and Burdened Cost Planned fields. The application automatically calculates and populates the Raw Cost Planned and Burdened Cost Planned fields.
Your named labor resources should now be assigned to the various tasks in your project! If you need more information on resources in Oracle PPM Cloud, send us a note, and one of our training experts will get back to you!
There’s a lot to consider when planning projects. For instance, budget, raw costs, and burdened costs, are a big consideration for projects and project buy-in from company stakeholders. Project planners have to consider which project methodology works best for the project, as well as which non-human resources are needed on the project.
More information on project planning and resources in Oracle PPM Cloud are available with ENGAGE by Maverick. ENGAGE is Maverick Solutions’ subscription-based training content on all Oracle Cloud applications. It is fully customizable, comprehensive, and available 24/7/365. If you want to know how Maverick Solutions can fit into your organization’s current or future Oracle projects, speak with one of our training experts today!
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