Book Image

Getting Started with Oracle Hyperion Planning 11

By : Enti Sandeep Reddy
Book Image

Getting Started with Oracle Hyperion Planning 11

By: Enti Sandeep Reddy

Overview of this book

<p>Oracle Hyperion Planning is one of the many products in the Oracle Enterprise Performance Management software suite, an industry-leading Business Intelligence software package. The primary focus of the Hyperion Planning product is to provide a planning, budgeting, and forecasting solution that helps you manage and coordinate all your business planning and budgeting needs.</p> <p>This book is a practical guide to implementing a Hyperion Planning solution in your organization, which addresses all your planning, budgeting, and forecasting needs.</p> <p>You will begin with the installation of Hyperion Planning and then design Planning applications as per some example user requirements. You will then learn to create the planning objects. The book moves on to explaining important concepts within Hyperion Planning such as data forms, task lists, business rules, validation rules, and workflows, with the help of many real-world examples to maximize your learning. Towards the end of the book, you will cover user provisioning and access rights and budget process management.</p>
Table of Contents (23 chapters)
Getting Started with Oracle Hyperion Planning 11
Credits
About the Author
About the Reviewers
www.PacktPub.com
Preface
Index

Introduction to Business Rules


A rule, in general, is defined as a governing power or authority. It can also be defined as a method or procedure for solving a problem.

Here, we are talking about a Business rule. If we look at its definition, it says that Business rules are the constraints which control the behavior of the business. In our case of budgeting through Hyperion Planning applications, Business rules have more to do with business calculations.

A simple example of a calculation is to compute the travel cost by multiplying the headcount with the average travel cost per resource. This simple multiplication is also a business calculation.

Another example is of allocation of costs. In budgeting cost allocation to departments, it is important to identify the cost incurred by the individual departments. Hence, we generally write Business rules for allocation also known as allocation rules.

Note

Business rules were licensed separately some time back, but not anymore and that's the reason we...