Faster New Product Introduction Using Oracle Project Portfolio Management

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Presentation by Kirit Goyal
COLLABORATE09, Orlando, FL

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Faster New Product Introduction Using Oracle Project Portfolio Management

  1. 1. Faster New Product Introduction Using Oracle Project Portfolio Management Author: Kirit Goyal, Program Manager Presenter: Mohan Dutt Session # 1482
  2. 2. Issue at hand <ul><li>Improve product development, product innovation and engineering processes in order to increase revenues, decrease cost and improve profitability </li></ul>
  3. 3. Pressures from product life cycle development <ul><li>Shorter development cycles / time to market </li></ul><ul><li>Cost pressures </li></ul><ul><li>Need for more innovation </li></ul><ul><li>Need for revenue growth </li></ul><ul><li>Support global growth and outsourcing </li></ul>
  4. 4. New Product Life Cycle 1 2 3 4 5 6 Concept & Feasibility Alpha Research Beta Development Mfg Transition Product Launch Field Assessment Deployment Support Market Assessment Technical Feasibility Project Definition Launch Preparation Critical Design Review Supply Chain Assessment Customer Engagement Functional Requirements Supply Chain Identification Prototype Development Preliminary Design Review Value Model Launch Execution Customer Support Design Quality Development Key Phase Milestones Post Launch Review END Opportunity Analysis Project Proposal Ideation
  5. 5. Project Collaboration <ul><li>Sharing project data </li></ul><ul><li>Sharing product data in a project context </li></ul><ul><li>Shared workflows </li></ul><ul><li>Task management </li></ul><ul><li>Resource management </li></ul>
  6. 6. Project Collaboration Actions <ul><li>Improving execution of cross team performances </li></ul><ul><li>Improving actions of cross enterprise projects </li></ul><ul><li>Improving visibility of project status </li></ul><ul><li>Enforce common project methodologies </li></ul><ul><li>Providing a common repository for project deliverables </li></ul><ul><li>Provide management oversight task execution </li></ul>
  7. 7. Product Management Process Overview Project Proposal Portfolio Management Committees (PMCs) DEEP Manager Customer Driven Ideas Idea Screening Market Driven Ideas Technology Driven Ideas Product Manager Product Coordinator Monthly Project Status Update Project Manager Project Team Customer Validation
  8. 9. How to Create Project <ul><li>Step 1: Choose the Template from which Project has to be created </li></ul><ul><li>  </li></ul>
  9. 10. How to Create Project <ul><li>Step 1: Choose the Template from which Project has to be created </li></ul><ul><li>  </li></ul>
  10. 11. How to Create Project <ul><li>- Step 2: Enter the Project Attributes </li></ul><ul><li>  </li></ul>
  11. 12. How to Update the Work <ul><li>Step 1: Main Work Plan Page </li></ul>
  12. 13. How to Update the Work <ul><li>Step 2: Maintain Work Plan </li></ul>
  13. 14. How to Update the Work <ul><li>Naming the Work Plan Version </li></ul>
  14. 15. Updating the Work Plan in Micro Soft Projects <ul><li>Step 1: Launch MS Project </li></ul>
  15. 16. Updating the Work Plan in Micro Soft Projects <ul><li>Step 2: Receive Project Information </li></ul>
  16. 17. Updating the Work Plan in Micro Soft Projects <ul><li>Step 3: Enter the Project information </li></ul>
  17. 18. Updating the Work Plan in Micro Soft Projects <ul><li>Step 4: Select your options </li></ul>
  18. 19. Updating the Work Plan in Micro Soft Projects <ul><li>Step 5: Upload the Updated Information to Oracle Projects from MS Projects </li></ul>
  19. 20. Updating the Work Plan in Micro Soft Projects <ul><li>Step 6: Publish the Work Plan </li></ul>
  20. 21. Resource Management <ul><li>Create Team Roles </li></ul>
  21. 22. Resource Management <ul><li>Create Team Roles </li></ul>
  22. 23. Resource Management <ul><li>Search for available resources </li></ul>
  23. 24. Resource Management <ul><li>Assign a resource to the team role </li></ul>
  24. 25. Budget Management <ul><li>Go the Budgeting and Forecasting Page </li></ul>
  25. 26. Budget Management <ul><li>Generate Budgets from Work Plan </li></ul>
  26. 27. Budget Management <ul><li>Enter Additional Budget Lines </li></ul>
  27. 28. Budget Management <ul><li>Submit the Budget generated after Review </li></ul>
  28. 29. Budget Management <ul><li>Baseline/Freeze the Budget generated from Work Plan </li></ul>
  29. 30. Deliverable Management <ul><li>Create and Maintain Actions for deliverables </li></ul>
  30. 31. Update Progress <ul><li>Update Progress </li></ul>
  31. 32. Update Progress <ul><li>Update Progress </li></ul>
  32. 33. More Features <ul><li>Create forecasts </li></ul><ul><li>Create and manage issues </li></ul><ul><li>Create change orders </li></ul>
  33. 34. Reporting <ul><li>Project Summary </li></ul>
  34. 35. Reporting <ul><li>Task Summary </li></ul>
  35. 36. Reporting <ul><li>Resource Summary </li></ul>
  36. 37. Reporting <ul><li>Periodic Summary </li></ul>
  37. 38. Metrics <ul><li>Percent new product meeting revenue targets </li></ul><ul><li>Percent new products meeting product cost targets </li></ul><ul><li>Percent new products meeting launch date targets </li></ul><ul><li>Percent of new products meeting product quality targets </li></ul><ul><li>Percent of new products meeting product development cost targets </li></ul>
  38. 39. Q & A <ul><li>Please e-mail your questions to the author, Kirit Goyal. E-Mail: [email_address] </li></ul><ul><ul><li>Please complete your session survey and hand it over to the room coordinator – Session # 1482 </li></ul></ul><ul><ul><li>Session Presenter: Mohan Dutt </li></ul></ul><ul><ul><li>The presentation is available for download at http://tinyurl.com/col09session1482 </li></ul></ul>

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