ERPTREE ORACLE-FUSION-FINANCIALS-IMPLEMENTATION-PROJECTS

Oracle Fusion Financial is a huge application based solution which cater the diversified need of corporate houses. In this module users get multiple authorities to manage and monitor projects. Here we will talk about the creation and management of the projects.

User can create the project as per the need. The maintenance will be done in the Fusion system only. Usually an implementation project is the group of set up tasks which need to be performed in setting up new options in the system. First step is to create the tasks and then the same project is managed by the business units through the life cycle. The proceeding will be tracked from a central location.

The organization may come up with projects related to Human Capital Management or Supply Chain Management or any other segment. The specifications will be set by the top management and the tasks will be assigned. Different projects will get different management methods. There may be a case where multiple projects are created within the same department.

Here are the steps to create an Implementation project:

1.      Select the Manage Implementation Projects.

2.      Click on Create for new project.

3.      Fill out the basic details like start date, owner, unit etc.

4.      Select the offering in the project. Here user needs to explain the detail of the outcome of the projects. All stakeholders must be informed before creating the project. Save it and open the project.

5.      After this the new project will be displayed on the screen with its full details.

This is a feature which enables the organization to assign the work to different business units for better results. One can make proper strategies in assigning these projects to the manager on the basis of their strength and weaknesses. Right implementation of the projects will depend on the selection criteria set by the organization.