Project Analytics Using Oracle Business Intelligence

Knowledge is Power. This aphorism holds authentic now added than ever. Everyone is attractive for fast and reliable advice to advice them accomplish adapted abreast decisions. In the antiquarian canicule advice was filtered bottomward to masses in a bit-by-bit manner. It took time for information, acceptable or bad, to propagate.

Fast advanced to today, the advance in advice technology is annihilation abbreviate of a revolution. People are apparent to the 24 Hour Cycle. It takes alone a few account for an accident accident in a authentic allotment of the World to arise on TV screens and Web Pages beyond the World.

'Analytics' has been authentic as the 'science of analysis'. In the Accumulated World, Advice has itself become 'commoditized'. Big bucks are spent to accumulate and 'buy' Information. Fast and reliable advice is scarce. Acumen out of the advice is alike scarcer. Big retail firms absorb millions on bazaar analysis of not alone their own Products but those of their competitors as well. The analysis firms accumulate the abstracts and present their after-effects aback to the Managers to 'Analyze' and act upon. Crude oil and oil futures are traded publicly. The circadian achievement from OPEC is bound and is accessible knowledge. The Refining accommodation for anniversary country is about flat. So why does an broker pay added for a approaching arrangement of Crude Oil than others? Maybe he knows added than the added investors, or maybe alike less. A cardinal of Energy Analysts attending at all sorts of abstracts accompanying to the Production, Transportation, Refining and Burning of Oil. They attending at aggregate from delays in aircraft lanes and agitation in Oil bearing regions to acclimate patterns about rigs and burning trends. Their job is to gather, clarify and bear the abstracts to the investors to advice them accomplish an able and abreast accommodation in a adapted manner.

The accommodation makers do not necessarily appetite all the minute details. What they charge is the 'Analytics' abutment provided by the Analysts. They charge the acumen from all the abstracts and information. It is this fast and authentic admission to this actionable acumen that helps companies and investors out activity and exhausted their competitors.

Business leaders accept started to apprehend the allowances of automatic software based Business Analytics in acquisition advice on their operations, assembly and transactional activities. Businesses are deploying Analytics applications that automate the advice acquisition and presentation. There has been accretion appeal for Analytics abutment in a cardinal of added areas. One of the areas is Activity Management.

A cardinal of Enterprise adeptness planning 'ERP' Systems activity applications accompanying to Activity Management. Anniversary ERP arrangement offers a scattering of accoutrement in their Activity Administering appliance that differentiate them from anniversary other. An accretion cardinal of mid-size to ample and alike some baby companies are deploying Activity Administering Applications.

ERP systems at the amount advice the aggregation administer their assets, assets and best chiefly their finances. As Activity Administering acquired and connected in the aftermost decade acknowledgment to professionals and organizations like the PMI, the Industry accomplished the allowances of managing the advance and affairs of their alone projects alone from their assembly /day to day management.

The Activity Administering modules in the ERP systems accommodate the functionality to itemize, clue and administer the Activity Accompanying affairs for the company. As the Activity Administering bore is angry to the Financials Module, the Activity Administrator can calmly administer the Funding, Invoices, Journals, Acquirement acceptance and the costs associated with anniversary alone project. The advertisement and analytics capabilities in these Business Applications are about limited.

Oracle is aboriginal above software aggregation to absolution a absolute Activity Analytics suite. They accept appear Activity Analytics as allotment of their Oracle Business Intelligence Enterprise Edition 7.9.6 Release. The Activity Analytics Bore sources raw Activity Abstracts from Oracle EBS and PeopleSoft Enterprise Activity Administering Applications. It extracts and refines the abstracts into letters and presents the aesthetic abstracts on the Analytics Dashboard. The web based Dashboards accommodate graphical and collapsed representation of customizable data. Oracle Activity Analytics displays Activity letters accompanying to Activity cost, revenue, account and announcement amid added things.

In Today's recessionary ambiance the CIOs and CEOs are actively attractive at means of abbreviation costs and maximizing the acquirement with bound resources. Oracle Activity Analytics provides capital activity based metrics on web based dashboards. The advice is acutely laid out and gives fast actuality based afterimage into the Activity Performance.

Anyone accepting admission to the Dashboard, from Developers to Activity Managers to the CEO can attending at the acumen provided by Oracle Activity Analytics and act bound and actually to acclimatize resources, abate costs and admission profitability. This comes with a prebuilt Dashboard and Abstracts Warehouse, but the users accept the adeptness to actualize custom letters and metrics in the Dashboard.

The Dashboards accept role based access. The Administrators accept the adequacy to admission admission to users based on their roles aural the organization. The akin of admission can additionally be controlled. A Activity affiliate can accept Read admission alone while the Activity Administrator may accept abounding adapt admission to the aforementioned abode or dashboard.

After login the CEO may be taken to the Executive Dashboard with aerial akin metrics for alive Projects beyond his Organization. The Executive can go through the metrics, bound analyze the areas defective his absorption and assignment bottomward to the detail akin for added information.

Other individuals may be denied admission to the Executive Dashboard and taken to their customized dashboard. This is acutely important because it gives the users alone the advice that they charge actual quickly. The managers do not accept to analyze through abstracts and about-face over pages to get what they want. The Activity administrator can bound analyze and abode the amount about-face affair in the activity while the Alignment Director is in a bigger position to move assets amid projects afterwards activity through the Dashboard metrics. It helps the user accomplish abreast decisions in a adapted manner.

Typically the Activity banking abstracts and cachet is entered into the Activity Administering ERP Applications by Activity Managers, activity aggregation associates and accountants. Working with these applications requires a akin of adeptness that a archetypal administering aggregation does not have. These applications accommodate a acceptable apparatus of activity administering but abridgement the advertisement flexibility. Letters are about created admitting the ERP applications at the Activity or Alignment level. Administering feeds these numbers in their spreadsheets for administering review. There are a few problems with this approach. Firstly there is absolutely a bit of chiral assignment and adding adapted which may be decumbent to animal errors. Secondly by the time the abode filters up to the Admiral it adeptness already be too backward to act.

Since the barn abaft the dashboard is sourced from the aforementioned ERP appliance that the Activity Aggregation enters abstracts into, the admiral can admission their admired letters on the dashboard promptly and not anguish about the accurateness of the data. This is the axiological account of the fast actuality based Analytics.

The Activity Analytics abstracts is currently sourced from Oracle E-Business Apartment and the Oracle's PeopleSoft Enterprise ERP Applications. A accepted adapter is additionally provided which can be acclimated by the administrators to aback and affectation Activity abstracts from added Source Systems.

The abstracts in Activity Analytics is deeply accompanying with General Ledger and Financials abstracts from the Source System. The users can appearance the Key Advance Indicators for the Projects adjoin the General Ledger, Accounts receivables and Accounts Payables data.

One big allurement to the Managers is the accomplishing and aliment amount associated with Oracle Activity analytics. The Barn and Dashboard associated with Oracle Activity Analytics is deeply chip with absolute Oracle EBS and PeopleSoft Enterprise Applications. The Barn is accurate on assorted Databases and can be hosted on an absolute Databases Server accepting acceptable amplitude and memory.

The bureaucracy and administering is not ever complicated. Anyone accepting Database administering adeptness and some web administering acquaintance should be able to administer the administration. This helps accumulate the training costs in analysis while additionally leveraging the abilities of the absolute workforce.

Creating the custom letters and graphs application the Dashboard seems intuitive. The primary users of the Analytics dashboards are Aggregation managers with bound SQL skills. The Activity Analytics dashboard was advised with this in mind. The users can actualize their own custom letters and graphs with about ease. They save these metrics on their dashboard and alike accomplish them accessible for others to view.

Project Analytics gives the Administering aggregation the adeptness to appearance the actual Activity data. They can appropriately accomplish bigger abreast decisions and can browse the metrics for trending and forecasting.

Alerts are addition advantageous affection of the Oracle Business Intelligence Enterprise Edition that Activity Analytics can leverage. The users can add custom alerts on metrics. Let's say that a Administrator wants to be notified whenever a beginning on amount about-face or abeyant Acquirement has reached. The administrator can set the amount on the adapted abode and an Active will appearance up at his abutting login afterwards the active activity is met. Furthermore, the Active arrangement can additionally be configured to accelerate an email to the user whenever the active activity is met. He can accept the active notification on his claimed computer or the handheld accessory and booty the all-important action.

Although the abstracts in the Barn may be sourced from one or added ERP systems at the aback end, the advanced end i.e. the Dashboard is hosted as web interface. So there is no beefy install adapted on the end user's apparatus and added chiefly the metrics are accessible on any accessory with internet browser support. Typically anyone with admission to the accumulated Intranet can admission the metrics on the claimed accretion accessory of their choice. A General Administrator in Brussels can admission the Activity metrics for the big architecture activity in Boston aloof afore his big affair with the Board.

Oracle is the aboriginal above software close to accommodate Activity Analytics abutment for their Business Applications. Judging by capability of the software and the appeal in the industry, it won't be the last.