The document discusses using Oracle Project Portfolio Management to improve product development processes and increase revenues, decrease costs, and improve profitability. It outlines pressures from shorter product life cycles and cost pressures that necessitate faster new product introduction. It then describes the new product life cycle and key phases, benefits of project collaboration, an overview of the product management process, and how to create and manage projects, resources, budgets, deliverables, and reports in Oracle Project Portfolio Management.

1. Faster New Product Introduction Using Oracle Project Portfolio Management Author: Kirit Goyal, Program Manager Presenter: Mohan Dutt Session # 1482

2. Issue at hand Improve product development, product innovation and engineering processes in order to increase revenues, decrease cost and improve profitability

3. Pressures from product life cycle development Shorter development cycles / time to market Cost pressures Need for more innovation Need for revenue growth Support global growth and outsourcing

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. Project Collaboration Sharing project data Sharing product data in a project context Shared workflows Task management Resource management

6. Project Collaboration Actions Improving execution of cross team performances Improving actions of cross enterprise projects Improving visibility of project status Enforce common project methodologies Providing a common repository for project deliverables Provide management oversight task execution

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

9. How to Create Project Step 1: Choose the Template from which Project has to be created

10. How to Create Project Step 1: Choose the Template from which Project has to be created

11. How to Create Project - Step 2: Enter the Project Attributes

12. How to Update the Work Step 1: Main Work Plan Page

13. How to Update the Work Step 2: Maintain Work Plan

14. How to Update the Work Naming the Work Plan Version

15. Updating the Work Plan in Micro Soft Projects Step 1: Launch MS Project

16. Updating the Work Plan in Micro Soft Projects Step 2: Receive Project Information

17. Updating the Work Plan in Micro Soft Projects Step 3: Enter the Project information

18. Updating the Work Plan in Micro Soft Projects Step 4: Select your options

19. Updating the Work Plan in Micro Soft Projects Step 5: Upload the Updated Information to Oracle Projects from MS Projects

20. Updating the Work Plan in Micro Soft Projects Step 6: Publish the Work Plan

21. Resource Management Create Team Roles

22. Resource Management Create Team Roles

23. Resource Management Search for available resources

24. Resource Management Assign a resource to the team role

25. Budget Management Go the Budgeting and Forecasting Page

26. Budget Management Generate Budgets from Work Plan

27. Budget Management Enter Additional Budget Lines

28. Budget Management Submit the Budget generated after Review

29. Budget Management Baseline/Freeze the Budget generated from Work Plan

30. Deliverable Management Create and Maintain Actions for deliverables

31. Update Progress Update Progress

32. Update Progress Update Progress

33. More Features Create forecasts Create and manage issues Create change orders

34. Reporting Project Summary

35. Reporting Task Summary

36. Reporting Resource Summary

37. Reporting Periodic Summary

38. Metrics Percent new product meeting revenue targets Percent new products meeting product cost targets Percent new products meeting launch date targets Percent of new products meeting product quality targets Percent of new products meeting product development cost targets

39. Q & A Please e-mail your questions to the author, Kirit Goyal. E-Mail: [email_address] Please complete your session survey and hand it over to the room coordinator – Session # 1482 Session Presenter: Mohan Dutt The presentation is available for download at http://tinyurl.com/col09session1482