Oracle Projects new features and enhancements 

Following are highlights of Oracle Projects new features and enhancements in Oracle E-Business Suite (EBS) Release 12. Most of the features listed here are available from Oracle Projects Family Pack M.

Project Costing

• Labor Cost Processing for Contingent Workers - Timecard and PO can be linked
• Changes with respect to Oracle Payables Invoice Lines new feature
• Adjust supplier cost in Oracle Project Costing under certain conditions
• New mass adjust concurrent process
• Oracle Payables now provides a drilldown to the Project Expenditure Inquiry window from the invoice workbench.
• Integration with Oracle Project Manufacturing

Project Billing

• Integration with Oracle E-Business Tax
• Customers can now be attached at Top Task
• Invoice Method at Top Task: Enables to invoice customers with different methods such as, fixed price and time and materials, within the same project.
• Invoice Write-Off at line level
• Invoice Concessions for credit memos
• Project functional currency conversion attributes
• Enhanced Billing Review with New Interface

Project Foundation

• Integration with Oracle Sub-ledger Accounting
• Multi-Org Access Control
• Separation of Reporting and Planning Resources
• Increased granularity for planning and reporting against inventory items and manufacturing resources through increased integration with SCM.
• Resource Breakdown Structure enhancements
• Define and utilize contingent workers on projects in the same capacities and manner as employees.
• Enhanced Configurability of Project Home, Project List, Workbench and Page Layouts
• Element level options while coping a project to create another project

Oracle Project Management

• Supports dependencies between tasks within a single project or across projects.
• Now can assign planning resources to tasks, including people, equipment, material items, and financial resources.
• Can associate workflow to tasks that can be configured to send notifications depending on various businesses.
• Expanded Integration with Microsoft Project
• Can define the deliverables for a project, including all the associated actions needed to complete each deliverable.

Oracle Project Portfolio Analysis

Project Portfolio Analysis is a new product helps companies align their portfolios of projects and programs with their organizational objectives by taking advantage of Oracle Project’s standard project criteria, project scoring and ranking, and what-if portfolio scenarios.