Oracle Projects

Revenue/Invoices Based on Percent Complete

Oracle Projects can generate revenue and invoices based on the financial physical percent complete that you enter for a project. You can enter the physical percent complete for all  the levels in the financial breakdown structure (FBS). However, to generate revenue or invoices based on physical percent complete, you must have physical percent complete at the funding level (project or top task).

Customer Relationships & Contact Types

Project customer relationships help you manage projects that involve multiple clients by specifying the various relationships your customers can have with a project. A customer has exactly one relationship with a given project; one or more customers can have the same relationship with a project.

Budget

Budget Types

Budget types define the different types of budgets and forecasts that you plan for when you want to create budgets and forecasts that use Oracle Projects budgetary controls and budget integration features.

Project Roles & Role Lists

Project roles are a part of the project-based security features that are used to control user access to project-level information. Project roles serve two purposes:

Project Classifications (Class Categories and Class Codes)

You define project classifications to group your projects according to categories you define. A project classification includes a class category and a class code. The category is a broad subject within which you can classify projects. The code is a specific value of the category.

For example, if you want to know the market sector to which a project belongs, you can define a class category with a name such as Market Sector. You can define class codes for this category such as Waste Cleanup, Risk Analysis, and Environmental Engineering.

Budget Option & Control

Budget Option

Allow Cost Budget Entry: Indicates if you allow entry of cost budget types.

Entry Method: The default budget entry method for cost budgets.

Resource List: The default resource list for cost budgets.

Costing Information

Burdened: Indicates whether to burden raw costs charged to projects using this project type for internal costing purposes.

Schedule: The burden schedule to use as the default cost burden schedule. You enter a schedule only if the project type is burdened. If the project type is burdened, this field is required.

Project Types

The project type controls how Oracle Projects creates and processes projects, and is a primary classification for the projects your business manages. You must set up at least one project type to create projects in Oracle Projects.

Name: The name of the project type.

Class: The project type class (Indirect, Capital, or Contract) for the project type. Note: You can define contract projects only if you have installed Oracle Project Billing.

Effective: The date range within which the project is valid 

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