Oracle Cloud PPM Process Flows
Oracle Cloud PPM Process Flows
Oracle Cloud PPM (Project Portfolio Management) is a solution designed to manage the complete project lifecycle, including planning, execution, and monitoring. The process flows within Oracle Cloud PPM help ensure the efficient management of project resources, costs, and schedules.
Here are some of the primary process flows within Oracle Cloud PPM:
Project Creation and Planning:
- Project Request: Capture new project ideas.
- Project Approval: Review and approve or reject the project request.
- Project Planning: Define scope, objectives, deliverables, and resources required.
Resource Management:
- Resource Request: Identify the need for resources on a project.
- Resource Assignment: Allocate the right resources to the right tasks or projects.
- Resource Utilization: Monitor how resources are being utilized across all projects.
Project Execution:
- Task Management: Break down projects into tasks and monitor progress.
- Time and Expense Capture: Track time and expenses associated with project tasks.
- Project Costing: Monitor project financials and ensure adherence to budgets.
Project Monitoring and Control:
- Project Performance Review: Analyze project performance against planned objectives.
- Issue and Risk Management: Identify and address potential risks and issues that may impact the project.
- Change Management: Capture, evaluate, and implement changes in the project.
Project Closure:
- Project Completion Review: Analyze the completed project against its initial objectives.
- Financial Closeout: Ensure all financial transactions are captured and accounted for.
- Project Archive: Store project documentation and deliverables for future reference.
Project Analytics and Reporting:
- Dashboards: View project KPIs and metrics in real-time.
- Reporting: Generate detailed reports for stakeholders and project teams.
- Portfolio Analysis: Analyze the health and performance of the entire project portfolio.
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