Oracle Fusion Project control setup mainly used to Manage Project Plan,Progress,budgeting and forecasting.
Two business process which are vital to project management are handled through Project Control Configuration
Planning Project:Mainly focuses on Project scope,Schedule,Resources and budget
Controlling Project:Capturing actual amounts and track progress,Generate forecasts and managing project Performance
Setup Task for Project Control Configuration
Manage Period Profile: this setup needed to decide how time periods are grouped and displayed when editing budgets,forecasts,and project plan cost
Manage Spread Curves:This setup is used to distribute quantity,cost and revenue amount automatically across a range of accounting or Project accounting periods
Manage Resource Classes Spread Curves: It is used to review and update resource classes to specify the spread curve to be used
Manage Financial Plan Type: This setup decides how to control planning scenarios for Project budgeting and forecasting
Manage Project Plan Type:here we provide the default planning option that actually cascade down to the template and project levels
will explain all the above setup in details in my next post.Stay tuned
