Tuesday Aug 27, 2013

Announcing the General Availability of PeopleSoft In-Memory Project Discovery – The Key to Tapping the Potential of Unstructured Data

We recently launched a new analytical application focused on enabling project-driven organizations to answer complex questions that until now were all but impossible to address even with the latest business intelligence tools and technologies.

The new application, called PeopleSoft In-Memory Project Discovery, is a true example of an Oracle Engineered System in that we have architected a business solution that takes advantage of the latest Oracle Middleware and Hardware to accomplish something that would otherwise be too complex, expensive, and risky for almost any other organization to attempt to build on its own. By leveraging Oracle’s Endeca Information Discovery business intelligence technology and Oracle’s Exalytics hardware for high-performance analysis, we have built a dashboard-focused interface over the PeopleSoft Projects suite to give project-oriented executives and managers the ability to correlate structured project and resource data with associated unstructured data. Okay, I know: that sounds rather mundane. So, to illustrate why this is “much more than just another BI dashboard,” let’s take a look at an example.

Imagine that you are the Vice President of facilities at a multi-campus university, and you read in the morning news that one of the subcontractors performing work for the school has been charged with defrauding customers by installing defective fire suppression systems. You know there have been a number of these systems installed throughout the university’s buildings, but unless you have your staff manually read through every project-related contract entered during the past three years, you literally have no way of knowing which projects might have exposure to these defective systems, how much was spent on these systems, and when they were installed. This situation leaves your university exposed to significant legal, financial, and safety risks every day until it is remediated. The inability to relate unstructured data (such as clauses in your contracts, text in your contract attachments, and so on) to volumes of structured data (such as project locations, project financial figures, purchase orders, and so on) is the barrier to eliminating these risks.

Untapped Potential...Unstructured Project and Resource Data

Figure 1. The Untapped Potential:  Correlating Unstructured Project and Resource Data with Structured, Transaction Data

With the power of PeopleSoft In-Memory Project Discovery, however, you can mine project artifacts and deliver answers to your complex problem in seconds. By typing a few keywords into PeopleSoft In-Memory Project Discovery, you can learn where the defective systems were implemented and eliminate the costs that the university would otherwise incur for staff or temporary workers to pore over text related to your projects and could immediately mitigate the legal, financial, and safety risks associated with the subcontractor’s work. You could identify for the university all of the exposure to the defective fire suppression systems, draw up and institute remediation plans within hours, and immediately begin implementation of the plans to eliminate the risks. Pretty remarkable, wouldn’t you say? (Note that this scenario is just one example of what the application can do. There are many other high-impact scenarios to which you can apply the tool, such as using it to drive more profitable staffing decisions in a professional services organization. The whitepaper listed below can help you learn more about other scenarios.)

You can think of PeopleSoft In-Memory Project Discovery as a tool that enables you to unlock the value trapped in unstructured project and resource data, visualize that project and resource data as actionable information, and tighten your project financial controls at unprecedented speeds. It offers the ability to analyze project and resource transaction data based on data stored in related documents and other unstructured formats. A user types keywords, and the application immediately treats those keywords it finds in documents as reporting dimensions by which you can filter your project and resource information. The application also provides you the ability to view project and resource metrics changing in real-time as structured and unstructured data filters are applied and you close in on the answers you need to make informed decisions. The PeopleSoft In-Memory Project Discovery dashboards come with pre-configured alerts (which you can personalize) for key exceptions, such as budget overages, to draw your attention to important issues before they become problems and enables you to save sets of filters which you may want to apply to your data on a recurring basis.

A View of PeopleSoft In-Memory Project Discovery's Project Financial Dashboard

Figure 2. PeopleSoft In-Memory Project Discovery to Correlate Your Unstructured Projects Content with Your Project Transaction Data 

As of today, PeopleSoft In-Memory Project Discovery taps into data residing in PeopleSoft Project Costing, PeopleSoft Resource Management, and PeopleSoft Program Management. If you’d like to learn more about the application and how it can not only help you answer perplexing questions but also give you a strategic advantage to drive more profitable operations, please take a look at the whitepaper, video feature overview, press release, and datasheet; contact your Oracle Application Sales Manager; or contact us by emailing Roxanne.Johnson@oracle.com or Mark.Rosenberg@oracle.com.

Monday Oct 08, 2012

Support Changes for PeopleSoft Applications

To ensure Oracle’s PeopleSoft applications customers continue to receive world class support from Oracle and have ample opportunity to upgrade to PeopleSoft Release 9.2, Oracle recently announced the following changes to Oracle’s Lifetime Support:

  • Extended Support for PeopleSoft Release 9.0 until June 2015
  • Waiver of Extended Support Fees on PeopleSoft Release 9.0
  • Waiver of Extended Support Fees on PeopleSoft Release 9.1

The extension of Oracle Extended Support for PeopleSoft Release 9.0 applications from various months in 2014 to June 2015 is documented in the “Oracle Lifetime Support Policy” for Oracle Applications found here: http://www.oracle.com/us/support/library/lifetime-support-applications-069216.pdf

The waiver of Oracle Extended Support uplift fees on PeopleSoft Release 9.0 and PeopleSoft Release 9.1 applications is documented in the “Oracle Software Technical Support Policies” found here: http://www.oracle.com/us/support/library/057419.pdf

Furthermore, Oracle also recently announced Oracle Advanced Customer Support (ACS) service offerings for PeopleSoft Payroll for North America and PeopleSoft Global Payroll Release 8.9* to provide tax, legal, and regulatory updates. For more information on the Oracle Advance Customer Support (ACS) service offerings contact acsdirect_us@oracle.com.

*select country extensions only including: France, Spain, Mexico, United Kingdom, India, Australia, and New Zealand

COLLABORATE 13 Call for Papers

Attention PeopleSoft customers!  Speak at the largest user-led PeopleSoft conference of the year and attend for free!

Interested in submitting a presentation for COLLABORATE 13? October 12 is the deadline to submit your abstract. The COLLABORATE 13- Quest forum is your home for high-level education sessions around PeopleSoft.

Presenting doesn’t just mean giving a solo lecture: you can present with a vendor, give a demonstration (internet will be provided), facilitate a hot topic discussion or even offer best practices from an experience your company has been through. Remember, to submit an abstract now, all you need is a short description of your presentation.

Think you don't have a story to tell? Think again! Check out the COLLABORATE 13- Quest forum now to better understand what we are looking for. A selection committee of other PeopleSoft users will review all sessions and select the most relevant, customer-focused sessions possible to make COLLABORATE a great learning experience for everyone. Don't forget, one speaker from each session selected will be eligible to receive a complimentary registration to the entire event *some rules apply.

Also, don’t forget to include your functional counterpart. The selection committee is looking to increase the amount of functional users attending and want to help them glean the most out of the event.

Thank you for your time and please let the selection committee know if you have any questions about submitting a presentation. We look forward to seeing you at COLLABORATE 13 in Denver!

Quest's COLLABORATE '13 website - http://www.questdirect.org/collaborate

Thursday Dec 08, 2011

PeopleSoft Projects 9.1 Integration to Primavera P6 EPPM R8.1 Is Generally Available

We are excited to announce that the integration between PeopleSoft Program Management 9.1 and Primavera P6 Enterprise Project Portfolio Management (EPPM) R8.1 is now available! This version of the integration adds a number of new features to those already available in the PeopleSoft 9.0 integration to Primavera P6 EPPM and is available in PeopleSoft FMS ESA 9.1 Bundle #16, which can be downloaded from MyOracle Support.

With version 9.1, organizations can export project budgets from PeopleSoft to Primavera P6. Combining this with the ability to export actual costs and commitments from PeopleSoft to Primavera P6, which is available in the PeopleSoft Projects 9.0 integration, project managers can now see how much money has been officially allotted to the project budget and compare this against the planned total costs in Primavera P6. Furthermore, as actual costs and commitments sync to Primavera P6 during the project, project managers can determine right in Primavera P6 how much financial resource remains available for the project. This integration helps eliminate excuses for overrunning budgets.

Furthering support for professional services industry and capital projects use cases, project team members can record hours worked not only in PeopleSoft (as they can in the existing PeopleSoft Projects 9.0 integration), but also in Primavera P6 Progress Reporter. This integration supports the import of timesheets from Primavera P6 Progress Reporter either

  1. directly into PeopleSoft Project Costing,
  2. into PeopleSoft Expenses’ time entry, or
  3. into PeopleSoft Time and Labor (via PeopleSoft Expenses’ integration with PeopleSoft Time and Labor).

With the new time entry integration, two major benefits become available. First, organizations can eliminate the cost, errors, and reconciliation effort associated with duplicate time capture tools. Second, a faster timesheet process enables organizations to invoice, capitalize, and analyze project costs faster, and that can mean improved cash flow, quality of accounting, and reporting.

To further support the needs of professional services industry project management, the integration now enables the assignment of resources to a project team within PeopleSoft and the export of that team to Primavera P6 so that project managers can schedule those authorized resources to project activities. This capability can facilitate better resource utilization and aid in eliminating scheduling conflicts.

Finally, there is now the ability to support integration to multiple Primavera P6 instances. If there is a business unit that needs to operate in a different currency, for example, it can now point to its own instance of Primavera P6.

As with the PeopleSoft Projects 9.0 integration, the release 9.1 integration is a part of the PeopleSoft Program Management module. (PeopleSoft Program Management works in conjunction with and requires PeopleSoft Project Costing.) The integration utilizes the PeopleTools Integration Broker and web services; it does not require additional middleware.

Further information can been found in this datasheet or via an Oracle application sales manager.

Monday Jun 20, 2011

Thinking of Adopting the PRINCE2™ Project Management Methodology? Consider Using PeopleSoft Projects to Help

Ever wondered what the PRINCE2™ project management methodology is? Ever wondered if you could use PeopleSoft Projects (ESA) to manage your projects using PRINCE2™? 

Published by the Office of Government Commerce in the UK, PRINCE2™ is a scalable, business case and product description-driven Project Management methodology based upon managing by exception. Project activities are organized around fulfilling and meeting the product description. Quality assurance, configuration control and risk management are all based upon ensuring that the product delivered accurately meets the product description. PRINCE2™ is built upon seven principles and seven themes, each underpinning the PRINCE2™project management processes.

Important for today’s business environment, the focus throughout PRINCE2™ is on the Business Case, which describes the rationale and business justification for a project. The Business Case drives all the project management processes from initial project setup to successful finish. PRINCE2™, as a method and a certification, is adopted in many countries worldwide, including the UK, Western Europe and Australia.

We’ve just released a new white paper, which provides you with an overview of the principles, themes and project management processes associated with PRINCE2™. It also shows how these map to the functionality available within PeopleSoft Projects (ESA). In the time it takes to drink a coffee, you can learn about PRINCE2™ and determine whether it might help you deliver better project results. We encourage you to take a look.

Friday Apr 15, 2011

Enabling Enterprise Project Portfolio Management with Packaged Integration to Primavera P6

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About

This blog is dedicated to topics focused on PeopleSoft Applications, including Human Capital Management, Financials, Enterprise Service Automation, Asset Lifecycle Management, Procurement, Supply Chain and Customer Relationship Management.

For information about legislative updates to our PeopleSoft Applications see the PeopleSoft Legislative Updates Blog.

For information about PeopleTools see the PeopleSoft Technology Blog.

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