Oracle Cloud Fusion Project Portfolio Management Part - 1

Explore cloud computing basics, deployment models, and services, and learn how Microsoft Azure, Oracle Cloud, Amazon, and Google host remote servers for Oracle Project Portfolio Management and Fusion ERP.

Explore the three cloud computing deployment models—private cloud, public cloud, and hybrid cloud—and understand their use cases, differences, and real-world examples.

Explore the three cloud computing services, SaaS, PaaS, and IaaS, and compare on premises ERP setups with fusion ERP hosted on cloud platforms, highlighting responsibilities and costs.

Discover how to configure the Oracle Cloud Fusion project portfolio management server as a functional consultant, creating company data and tailoring the fusion setup for clients like Tata Motors.

Learn how Oracle Cloud Fusion versions evolved from release names to quarterly updates. Verify the current Fusion version, such as 25b, via about this application.

Enable offerings in Oracle Fusion by turning on project portfolio management and other business functions in the Fusion server, using the admin navigator to activate licensed offerings.

Create a new user in the fusion security console as admin, entering last name, username, and password; sign out and verify the new login has no access.

Explore how role based access control combines abstract, job, duty, and data roles to grant user access across company data and tasks in fusion.

Assign the IT security manager role in the security console to grant admin access, enabling full user and role management, then verify access by signing in as the admin.

Learn to use the functional setup manager to configure company foundations and 32 offerings, including project portfolio management, with role-based access through application implementation consultant in security console.

Create and manage an implementation project in Fusion project portfolio management by assigning the implementation manager role, creating the project, selecting offerings, and outlining start dates and tasks.

Assign the employee role to a user to grant access to schedule process and expense report screens, then run and verify processes and reports in the security console.

Review the role snapshot to see how four roles grant multiple accesses, including security console, functional setup, schedule process, and implementation project access.

Understand why enterprise structure is mandatory and how it enables project portfolio management on a single server. Identify core components: enterprise, division, ledger, legal entity, and business unit.

Explore manual enterprise structure setups and rapid implementation options, including creating an accounting calendar that defines financial year by calendar year or fiscal year.

Explore how Oracle Fusion uses a multi-segment chart of accounts—company, department, and intra company—for enterprise structure. Learn key flexfield concepts and the four steps to create the account structure.

Create value sets for the chart of accounts by defining segment features for company, department, account, and intercompany, including digit length and data type.

Create a four-segment chart of accounts in Oracle Fusion by assigning company, department, account, and intercompany segments with corresponding value sets and mandatory labels for primary balance and natural account.

Create and deploy a chart of account structure instance, enable dynamic combination creation to auto-generate code combinations during transactions, and manage structure instances in Oracle Fusion Project Portfolio Management.

Learn how to create segment values within enterprise structure in Oracle Cloud Fusion, including configuring value attributes and account types, and step-by-step setup of company, department, and accounts.

Create and configure the primary ledger in Oracle Cloud Fusion Project Portfolio Management, establishing currency INR, calendar, chart of accounts, and accounting method, then run and verify the accounting configuration.

Learn how to assign general ledger roles and ledger data access in Oracle Cloud Fusion, including adding CFO, financial analyst, and controller roles and configuring per-user data access.

Learn how to open Oracle Cloud Fusion general ledger periods, manage statuses such as never opened, open, closed, and permanent closure, and record July and August transactions.

Create and connect legal addresses and entities in Oracle Cloud Fusion, linking a head office to a ledger, legislative data group, and balancing segment values.

Create and assign a common reference data set to multiple business units. Establish the Mumbai location and the P42 construction business unit, then enable PM and related functions.

Explore enterprise structure rapid implementation by using a predefined spreadsheet to configure the chart of accounts, ledger, calendar, and legal entities, then upload to automatically create business units.

Master the rapid implementation of enterprise structure by uploading chart of accounts and ledger, assigning data access, opening GL periods, and linking entities, business units, and reference data.

Explore three project types: indirect, capital, and contract, and how cost collection, capitalization, and invoicing differ, with labor and non-labor costs illustrated.

defines the project financial management organization structure, including tree name, version, project unit, business unit, department, and projects, with real-world examples.

Create and manage the project unit in Oracle Cloud Fusion Project Portfolio Management, defining project numbering for software and construction projects and organizing project units through setup and maintenance.

Learn to create and classify departments in Oracle Cloud Fusion Project Portfolio Management, enabling project owning and expenditure classifications for Hyderabad and Bengaluru offices, with resources and cost tracking.

Create and configure an organization tree for project financial management, including tree name, tree version, project unit, business unit, and departments, then audit, activate, and perform column and row flattening.

Configure project accounting and manage project unit options, assigning the LNT construction project unit to the common set. Enable commitments for requisitions and submit the project organization for validation.

Configure project numbering in Oracle Cloud Fusion by choosing manual or automatic methods. Set the project unit level, define alphanumeric prefixes and starting numbers, then save and close.

Open and manage project accounting periods in Oracle Fusion, set period statuses, and control transactions and postings across months, including the distinction between closed and permanently closed states.

Set up a project plan type with mandatory default information, planning options, and template assignment, including accounting calendar and multi-currency settings to ensure accurate progress tracking in Oracle Cloud Fusion.

Define and create project types in Oracle Fusion: indirect, contract, and capital projects, where enabling the chosen type activates billing, capitalization, and other classifications for the project.

Create a project template in Oracle Fusion to define the project type, task structure, and resource breakdown. Assign a project plan type and subtasks to establish the project foundation.

Learn how to create projects in Oracle Fusion Project Portfolio Management, using templates, existing projects, or PDA imports, with role assignment and data access steps.

Identify and create revenue categories to define project income sources, including miscellaneous, labor, material, and machinery revenue, and navigate fusion settings to set them up in project foundation.

Explore expenditure categories, including miscellaneous, labor, and material categories like cement, steel, sand, machinery, and plumbing material, and define expenditure types such as tap shoes and showers.

Explore how to classify costs with expenditure types in Oracle Cloud Fusion Project Portfolio Management, linking expenditure category, revenue category, and expenditure type class for PM workflows.

Define cost and bill rates via rate schedules in the project foundation, and create a water nonlabor rate with ₹50 cost and ₹500 fixed rate.

Define organization costing rules in Oracle Fusion project portfolio management by configuring cost rates for each business unit, including expenditure organization, through the project foundation settings.

Learn cost collection in Oracle Cloud Fusion PM, capturing unprocessed costs for labor and non-labor expenses, using the unprocessed cost web page and project accountant role.

Capture unprocessed and imported project costs in Oracle Fusion Cloud, from external miscellaneous expenses to verifying ₹500 auto fare for project P42 R&D.

Learn to capture non-labor costs using the ADFDI spreadsheet, export to the PM interface, and import costs into Oracle project base tables for accurate project costing.

Learn to capture labor costs in Oracle Fusion project portfolio management using unprocessed costs: create employee records, labor categories, and rates, then log and import timesheets for verification.

Master labor cost creation using the adf-rda spreadsheet: download templates, populate transaction details, export, import cost, and verify project costs in the Oracle project cost process.