PROJECT PORTFOLIO

MANAGEMENT

FiveTenets of
Modern Project Portfolio Management
Powering Project-Driven Business

Copyright © 2014 Oracle Corporation. All Rights Reserved.

Introduction Introduction
Modern Solutions
Enterprises tend not to view project management as a holistic
process. Much like the disparate systems they have in place, they
Drive Insight see a disparate collection of issues.

They typically look to solve specific pain points with single applications. Rather than migrate
Collaborative an entire enterprise to a new system, they are looking to manage a problem spot and have it
flow into a specific component (e.g., cost, human capital leverage, or how demand is driven).
In many cases, however, the pain points are symptoms of a larger issue, and to remove them,
People-Centric the situation must be viewed in the context of the full project life cycle. Oracle Project Portfolio
Management (PPM) Cloud, part of the integrated suite that is Oracle ERP Cloud, not only does
this, but it’s also built with the user in mind: solving the PPM pain points through role-based
Ultra-Efficient analytics, social collaboration, optimization, costing, control, and mobile solutions for today’s
project teams.

In Control PPM is a critical component of any enterprise involved with projects. PPM is hardly a stand-
alone service, though. Many of the components in PPM such as project costs, capital assets,
budgets, billing, and revenue flow into financial management. Oracle PPM Cloud brings these
Let Oracle Help complex and critical integrations together seamlessly and transparently for the organization and
the user.

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 Modern Solutions
Introduction With the advent of applications and
cloud technology, there’s been a shift
in the way people work, which is
Modern Solutions modernizing the term ‘teamwork’ and
the way companies handle project
management. We like to call it Modern
Drive Insight Project Management.
Because Oracle PPM Cloud is so modular in nature,
Collaborative enterprises can choose the products to deploy and
then add more products when they are ready. Oracle
PPM Cloud is designed to meet, with ease, the many
People-Centric challenges that senior executives, project organizations,
and project leaders face. Oracle PPM Cloud offers an
integrated yet modular project management suite
Ultra-Efficient designed to automate, streamline, and control project
management processes end-to-end without expensive
hardware and system management overhead costs.
In Control
Modern PPM solutions must be Collaborative, People-
Centric, Ultra-Efficient , let you Drive Insight, and stay
Let Oracle Help In Control.

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 Drive Insight
Whether you’re an executive,
Introduction project manager or a team
member, you need the right
information at the right time
Modern Solutions and in the form that suits
your role.
Drive Insight Project Executives
Executives need proactive self-
service insight into the project Project Managers
Collaborative performance trends with access to supporting Avoid surprises and proactively
data so that they can make proactive data- monitor the health of projects with
driven vs. reactive intuition-based decisions. dashboards that bring exceptions
People-Centric and action items to you in a single location so
you can identify and resolve exceptions and be
Project Accountants
freed up to address broader trends and more
Ultra-Efficient Starting with an intuitive reporting
strategic work.
wizard that guides you through
the process, and a set of pre-
built templates, you can tailor dashboards Team Members
In Control
and reports using the latest project financial The project team can make better
information, whether it’s for capital project informed decisions with pervasive
Let Oracle Help costs, budget to actual comparisons, or up-to- contextual intelligence, minimizing search and
the-minute billing or revenue information by freeing up time to focus on the task at hand.
contract.
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 Collaborative
ERP systems and even many
cloud providers today might offer
Introduction
integration with an enterprise
social network, but it’s a third-party
solution and might require you to
Modern Solutions identify which objects you want to
be socially enabled.

Drive Insight Today, PPM Cloud enables teams to collaboratively

plan, schedule, and deliver projects by working socially
where the social capabilities are ingrained in the project
Collaborative management business processes, rather than tacked
on as an afterthought – facilitating teamwork for better
project outcomes.
People-Centric
With consolidated task management, teams can manage all work in one place,
seeing the work they own or following other tasks in the project. Since they can
Ultra-Efficient manage all their work in one place, teams can focus on what’s important rather
than urgent, avoiding the distraction of the latest email.

In Control A social conversation is specific to the project task, whether it’s in the context
of a specific document or just a question around the project schedule.
Participants can discuss work in real-time or can simply add comments to
Let Oracle Help the task conversation for later review. Documents are uploaded against the
conversation, where they can be viewed, annotated in real time, and optionally
versioned, allowing for faster and more effective content review.
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5
 People-Centric
Your talent is your best asset – and motivated project talent is key
to the success of your projects. To keep project talent motivated,
Introduction they must be satisfied about the projects they are working on.
With a single global resource repository
Modern Solutions resulting from the seamless integration
between Oracle PPM Cloud and Oracle’s
industry-leading HCM solution, you can
Drive Insight align skills and experience levels with project
delivery requirements and keep your people
engaged – paving the way to success.
Collaborative
Real-time performance monitoring helps you
optimize utilization to boost productivity and
People-Centric focus precious resources on meeting strategic
business needs.

Ultra-Efficient Know, grow, and retain your project talent.

Employees can use the self-service profile
updates to provide resource managers with
In Control immediate global insight into their skills and
availability for projects. Empowering them to
keep their profiles up to date ensures they can
Let Oracle Help be called upon for projects that match their
skills and experience.

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 Ultra-Efficient
Efficiency and productivity have
Introduction become increasingly important for
today’s project team as well as being
connected while on the go.
Modern Solutions
Oracle PPM Cloud is ultra-efficient in many ways – one
is with intuitive real-time progressing. Team members
Drive Insight update tasks with a single click as the work progresses,
taking an administrative burden off the project
manager, as well as providing for a more accurate and
Collaborative up-to-date project status, and ultimately increasing
productivity.

People-Centric Some users like to work in familiar desktop tools and we

understand that. That is why we have extensive spreadsheet and
project management integration with Microsoft tools.
Ultra-Efficient
As we all know, today’s on-the-go workers often move from
device to device throughout their day. With cloud services, users
In Control are no longer restricted to or reliant on a specific device. Users
can add data to the cloud and retrieve that data on any device.
So, when we talk about the ability of continuous project plan
Let Oracle Help updates for the mobile connected workforce, we mean real-time
updates. Members can stay informed of project status with
anytime, anywhere access with PPM Mobile.
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 In Control
Whether you’re a rapidly growing organization or a large multi-
national, you need to have confidence in your data with a single
Introduction source of project truth.

An enterprise-grade PPM solution

Modern Solutions which is tightly integrated with financial
management, procurement, HCM and
other Oracle solutions allows you to
Drive Insight standardize data, rules and processes
across your enterprise for accounting,
intercompany, project costing, billing,
Collaborative revenue, and contracts. This provides
the control necessary to ensure complete
project visibility and global, scalable
People-Centric project management.

Rest assured and have confidence in your

Ultra-Efficient plan with standardized business processes
for both project financial and project
execution ensuring a single source of
In Control project truth.

The Essbase multi-dimensional

Let Oracle Help analytic cube provides unique insight into
project performance health and trends, and
enables you to monitor, track, and improve
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 Let Oracle Help
Project-oriented organizations
Introduction need to ensure the organization
is gaining maximum value out
of their investments – especially
Modern Solutions the project financial and delivery
systems.
Drive Insight
So what is Oracle doing to help our customers
achieve PPM excellence? We’re delivering
Collaborative modern PPM solutions in the Oracle ERP
Cloud that have been developed from the
ground up to be socially enabled, and mobile,
with embedded analytics and an engaging
People-Centric
consumer-like user experience as a one-stop
shop to manage all of an organization’s project
needs.
Ultra-Efficient

We’re making sure that our customers have

the right technology to modernize their PPM
In Control
operations by delivering more streamlined
processes and reduced spend in the cloud, our
customers have continual access to innovation
Let Oracle Help
as upgrades are included as part of the service.
The days of getting stranded on an old version
are over.
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 Get Started
Only Oracle has the complete set of integrated applications to help you
harness the opportunities Modern PPM provides.
Introduction
You can adopt at your own pace, and will support you as you grow your business. Understand
how Oracle’s PPM solutions can drive growth in your business, and equip you for the new realities
Modern Solutions of the global project-centric workplace to stay ahead of the competition.

The Oracle ERP Cloud is strategic, insightful collaborative, ultra-efficient, in-control, and
Drive Insight compliant. These ingredients help our customers deliver the outstanding user experiences and
business results their companies demand.

Collaborative For more information:

• Oracle Project Portfolio Management • Oracle Applications Customer Connect

People-Centric
• Oracle Cloud Documentation  1-800-633-0738
Ultra-Efficient

In Control

Let Oracle Help

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