Take a first look at Oracle’s new Project Financial Planning (PFP) module. Learn about out of the box features and key concepts. Ranzal Practice Manager, Randy Schmitz, and Principal Architect, Darren Garrett share their real world PFP implementation experience by covering key design concepts to be considered for organizations considering a new implementation.

1. Project Financial Planning (PFP)
Overview nzal
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March 20, 2013 o fE
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Darren Garrett
Edgewater Ranzal
Randy Schmitz
Edgewater Ranzal

2. Agenda
Introductions
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PFP Background
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PFP Tour
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PFP Implementation Considerations
Q&A

3. About Edgewater Ranzal
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15 Years
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700+ clients
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Methodology
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1000+ projects
Pro Customers
Partnership

4. Our Services
Dashboards & Scorecards, Profitability &
Cost Mgmt, Financial Analytics & Reporting,
Operational Analytics, What-if Analysis,
Query & Reporting, Visual Exploration
Financial performance, Legal,
Business
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Planning, Budgeting, Forecasting,
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Segment & Mgmt Reporting, Financial Intelligence Workforce Planning, Capital Planning,
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Project Planning, Campaign Planning,
HFM Optimization, Performance Lab
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Strategic Finance
SOX Compliance Support
Consolidation Planning
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Installation, Upgrades,
d ge Project/Program Mgmt, EPM
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Migration, System Project Road Maps, Application
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Infrastructure Management Reviews, Business
Monitoring, Backup and
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Recovery, Disaster Requirements, Process
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Recovery, Load Testing, Change, Documentation
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Hardware Sizing Data Support
Services Services
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Data Integration, Financial Data Support Services - Project/Program
Management, Data Warehousing, Master Training Mgmt, EPM Road Maps, Application
Data Management, ETL Services, Reviews, Business Requirements,
Performance Tuning, Automation Process Change, Documentation
Dashboards/Scorecards, Profitability Cost
Mgmt, Financial Analytics & Reporting,
Operational Analytics, What-if Analysis,
Query & Reporting, Visual Exploration

5. What is PFP?
• Oracle Planning Module
• Bridges the gap between the detailed projects an organization undertakes
and the overall corporate impact (resources)
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Provides organizations with:
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o View into Asset and Resource Allocation
o Performance Monitoring
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o Information regarding Return on Investment (ROI)
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6. Key Features of PFP
• Perform expense planning at detail level or account level (labor, material,
equipment)
• Allocate workforce resources and capital assets to projects
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• Perform different types of revenue planning/revenue recognition based on the
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type of Contract projects (Time and Material, Fixed Price, or Cost Plus)
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• Ability to view the impact on financial statements from a project level or an entity
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level (Profit and Loss, Cash Flow, key performance indicators [KPIs])
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Rank and approve projects
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and subjective measures (net present value [NPV], return on investment [ROI],
payback, lifetime investment, risk assessment, strategic assessment, business
assessment, organization missions)
• Track the project approval flow

7. Project Classifications
• Indirect
o Administrative Projects
o Cost Impact
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o Don’t generate Revenue
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o Think “IT Projects”
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• Capital
o Long Term Investment Project
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o Think “Construction”
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• Contract
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o Work performed for a Customer
o Types P ro
o Has both Revenue and Cost
o Time and Materials (T&M)
o Fixed Price
o Cost Plus
o Other

8. Out of Box Artifacts
• Dimensions
o Project Plan Type
• Account
• Project
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• Project Element
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o Workforce Plan Type
• Account
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• Employee
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• Job
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o Capital Asset Plan Type
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• Account
• Asset Class
• Asset Detail
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9. Out of Box Artifacts (cont.)
• Forms
o Application Administration
• Global Assumptions and Drivers
• Grouped into Project, Workforce, and Capital
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o Projects
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• Used to create detailed project budgets and forecasts
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• Grouped into Project Planning, Project Financing, Project Financial Statements,
and Project Supporting Forms.
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o Workforce
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• Used to create detailed workforce plans
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• Grouped into Workforce Supporting Forms: Workforce Setup and Maintenance
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and Workforce Project Usage and Analysis.
o Capital
• Used to create detailed capital asset plan
• Grouped into Capital Supporting Forms: Asset Setup, Maintenance, and Analysis
and Asset Project Usage

10. Out of Box Artifacts (cont.)
• Business Rules
o Calculate Expenses
o Calculate Revenues
o Calculate Financial statements and KPI’s
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o Data Movement between Plan Types
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• Task Lists
o Administration
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o Project Administration, Workforce Administration, and Capital Administration
o Project Planning and Analysis
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o Propose New Contract Projects, Propose New Capital Projects, Propose New
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Indirect Projects, Manage Existing Contract Projects, Manage Existing Capital
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Projects, Manage Existing Indirect Projects, and Review Projects
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o Workforce Planning and Analysis
o Workforce Planning and Workforce Analysis.
o Capital Planning and Analysis
o Capital Planning and Capital Analysis.
• Financial Analysis

11. Out of Box Artifacts (cont.)
• Menus
• Smart Lists
• Reports
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o Funding Summary, Funding Summary for Project, Impact on Financial Statements,
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Project Details, Project Cost Details, Project Labor Expense, Project Equipment
Expense, Project Material Expense, Project Revenue Details, Project Financial
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Performance Overview for Current Year, Project Financial Performance Overview for
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Current Year
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• Roles
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o Business Unit Owner, Executive Sponsor, Internal Decision-Maker, Internal
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Representative, Key Stakeholder, Project Accountant, Project Manager, Project
Sponsor/Project Director, Project Team Member, Stakeholder, Steering Committee,
Vendor
• Substitution Variables
o CurYr, LastYr, NextYear, Yr3, Yr4, ThisMonth, CurScenario, CurVersion, ActVersion,
ForVersion, PlanVersion, Thisyear

12. Templates
• Smart Lists
o AssignmentLocation, Customer, FundingSource, PhysicalLocation, ProjectCostLevel,
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ProjectManager, SkillSet
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• Metadata Templates an
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o Entity
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Project
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o Asset Detail
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o Employee
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• Data Templates
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Employee Projectro
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Assumptions, Asset Depreciation
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Requirements, Existing Employee Data, Existing Major Asset Data

13. PFP Tour
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14. PFP Implementation Guidelines
• Adding Dimensions
o Difficult, but not impossible to add Dimensions
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o Lots of interdependent objects (i.e., Forms, Calc Manager Rules, Cubes, etc.)
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• Rationalization an what elements add
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o Knowing what the PFP does out of the box and understanding
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value
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• Deletion of Objects
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o Hide, don’t delete
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o Won’t inadvertently break functionality
• Renaming
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o Makes upgrading easier
o Ensures modifications aren’t overwritten

15. Q&A
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16. Contacts
• Darren Garrett
• dgarrett@ranzal.com
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• Randy Schmitz ge
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• rschmitz@ranzal.com
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