JD Edwards EnterpriseOne In-Memory Project Portfolio Advisor Overview

As you manage your project portfolio, you likely find that your projects change quite frequently. For example, your subcontractors might not show up at a job site, material and labor costs might fluctuate, equipment can break down, and weather can cause delays. You need to manage these frequent changes by adjusting your budgets and open commitments; and managing projected final, billing, and other amounts to ensure that each project is completed under budget and with maximum profitability.

You also need to manage the cash related to your projects. Revenues received and accounts unbilled affect how you allocate resources to your projects as much as on-the-job changes. Effective management of your projects requires you to have immediate insight into your projects, contracts, expenses, and cash.

Oracle Engineered Systems – specifically Oracle Exalogic Elastic Cloud and Oracle Exadata Database Machine – are the building blocks of integrated compute, storage, and network components designed to provide an out-of-the-box platform for a broad range of enterprise application workloads such as JD Edwards EnterpriseOne. When you run the JD Edwards EnterpriseOne In-Memory Project Portfolio Advisor system on Oracle's Engineered Systems, you acquire quick access to information when inquiring on the status of the projects, jobs, and cost codes that you manage. Running the JD Edwards EnterpriseOne In-Memory Project Portfolio Advisor system on Oracle Engineered Systems enables extremely fast in-memory processing of your data.

In-memory processing means that your system can store huge amounts of data in the random access memory (RAM) of the Oracle Exadata Database Machine instead of in a standard database. The in-memory storage of data as you run your processes enables fast processing and fast return of process results so that you can immediately view the impact of the changes occurring on your projects. Because you store data in-memory, access to the data is much faster than table fetches to a standard table each time that you want to view different configurations of your data.

You define the data that you want to view. You can specify which associated ledger, budget, and billing amounts that you want to review for your projects and jobs; set additional parameters such as what data to display in a chart format; and with the click of a button, access data for your projects that show the relationships between the job, contract, billing amounts, and revenue. Because the JD Edwards EnterpriseOne In-Memory Project Portfolio Advisor system holds the data in memory, you can quickly summarize, sort, drill-down, and analyze your data.