- October 14, 2014
- Posted by: Hyde Park
- Category: Solutions
Modern Portfolio & Project Management has to look seriously at using Cloud technology and the Oracle Project & Portfolio Management Cloud system is a great tool. With ever increasing demands from customers and stakeholders project-driven organisations need to demonstrate more and more proficiency in the project and financial management of their project portfolios.
Oracle PPM Cloud is a complete and integrated solution for project and financial management that dramatically improves the way project-driven organisations work. It enables efficient and effective project management while ensuring smarter business decisions based on a single source of data.
Oracle PPM Cloud is an integrated, yet modular project portfolio management suite designed to streamline, coordinate, and manage project and financial management processes throughout the project lifecycle without the overhead cost and effort associated with maintaining and managing hardware and software.
There are nine modules for project financial management and project execution that make up the Oracle PPM Cloud solution:
Project Costing – capture and account for project costs and commitments
Project Control – manage project financial planning, budgeting, progressing and forecasting
Project Contracts – common framework for contract administration, management, and control
Project Billing – ensure contract compliance when billing and recognizing revenue
Project Management – collaborative project planning & scheduling for project teams
Task Management – task info, details, collaboration, and social project management
Resource Management – analyse and optimize resource allocation and utilization
Project Performance Reporting – multi-dimensional reporting for project/financial analysis and action
Oracle PPM Mobile – simple, intuitive, anywhere access to what you’re working on, updating tasks, and adding new work via iOS device
As a complete PPM solution, Oracle PPM Cloud offers a truly holistic, cloud-based PPM solution for the end-to-end PPM processes that make up the project lifecycle including best-in-class project financials which are typically missing from classic project management applications. HPS can help you implement it across your business.