Book Image

Oracle Primavera Contract Management, Business Intelligence Publisher Edition v14

By : Stephen Kelly
Book Image

Oracle Primavera Contract Management, Business Intelligence Publisher Edition v14

By: Stephen Kelly

Overview of this book

Oracle's Primavera Contract Management, Business Intelligence Publisher Edition is a document management, job cost, and field controls solution that keeps construction projects on schedule and on budget through complete project control. "Oracle Primavera Contract Management, Business Intelligence Publisher Edition v14" explains the concepts behind the core modules and how to use them."Oracle Primavera Contract Management, Business Intelligence Publisher Edition v14" makes this complex application understandable. You will understand the concepts behind the core modules and how to use them. This book starts with some basic introduction to Contract management and then covers the advantages and disadvantages of using a spreadsheet in managing information on a project. The book then covers in detail the concepts involved with how it works from a 30,000 foot view and explains the concept of how Oracle Primavera Contract Management is diametrically opposed to a spreadsheet mentality. The book also covers the aspects of how Oracle Primavera Contract Management manages the money and contractual relationships on a project.
Table of Contents (24 chapters)
Oracle Primavera Contract Management, Business Intelligence Publisher Edition v14
Credits
About the Author
About the Reviewers
www.PacktPub.com
Preface
5
There Is a Better Way
Index

Cost Worksheet and payments


The Cost Worksheet has two columns in which the two payments modules will post money. The following screenshot shows the Cost Worksheet out of the box with these two columns:

  • Actuals Issued: This is the column where payments that are related to a Budget Contract are posted

  • Actuals Received: This is the column where payments that are related to a Commitment Contract or Purchase Order are posted

The naming of these columns seems to be misleading as you would think that the Actuals Received column is the column where money that has been received has been posted, but that is incorrect. Think of it as the column where money is posted when a Payment Requisition has been received. If you receive a Payment Certificate from a contractor, you will be paying them money. The opposite is true for the Actuals Issued column. This is the column where money is posted from a Payment Requisition that you are issuing out to your client. This is money that you will be receiving. The...