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Project SIG Presents: How to Enhance the Estimate Based Asset Cost Allocation 

18 days ago

Presenter Information: Bruce Maghan - Project Partners
Recording Date: Friday, May 19, 2020 at 12:00 pm ET
Duration: 60 minutes

Abstract:
The powerful Capital Projects functionality delivered in Oracle Project Costing has enabled numerous customers to take advantage of the native integration to Oracle Fixed Assets. However, the instance in which the Asset Cost Allocation methodology needs to be enhanced for customers using the Estimate Based Asset Cost Allocation model. The presentation will show you how to configure Oracle Projects to effectively manage your Capital Projects and integrate with Third-Party Asset systems.

Learning Objective 1: Discuss Standard Estimate Based Asset Cost Allocation Functionality
Learning Objective 2: Discuss How Asset Estimates can be developed at the Asset and Cost Element Level
Learning Objective 3: Discuss how Asset Cost can be re-allocated based upon estimate revisions
Learning Objective 4: Discuss advantages being able to Place Assets in Service based upon a Preliminary Estimate and then adjusted based upon Final Construction Estimate
Learning Objective 5: Discuss Asset and Cost Element Level estimates can also be leveraged to calculate RWIP amounts.

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