Presenter Information: Bruce Maghan - Project PartnersRecording Date: Friday, May 19, 2020 at 12:00 pm ETDuration: 60 minutesAbstract: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 FunctionalityLearning Objective 2: Discuss How Asset Estimates can be developed at the Asset and Cost Element LevelLearning Objective 3: Discuss how Asset Cost can be re-allocated based upon estimate revisionsLearning Objective 4: Discuss advantages being able to Place Assets in Service based upon a Preliminary Estimate and then adjusted based upon Final Construction EstimateLearning Objective 5: Discuss Asset and Cost Element Level estimates can also be leveraged to calculate RWIP amounts.
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