Capital Projects Life cycle Process (End to End)

Transcription

1 Capital Projects Life cycle Process (End to End) By Ritwik Kumar Mishra Oracle Apps Functional Consultant Table of Contents 1 Introduction Creation of Project Set Up Changing of Status Project Structure Work plan Setups Work plan Information Lifecycle Phase Default display outline level Progress Progress cycle Physical percent complete method Resource Assigning Resources Update Duration Update Hours per day Update Work Pattern Submit for apporval Work plan Task Creation Updation of Work plan Page 1

2 7 Planning Resources to a Task Adding Resources Adding People Adding Equipment Financials Financial Structure Information Creation of Budget Edit Planning Options Plan Settings Currency Settings Rate Schedules Generation options Enter Budget Amounts Adding Resources Adding Planning Element Entering Budget Amounts Submission of Budget Creation of Forecast Edit Planning Options Plan Settings Currency Settings Rate Schedules Generation Options Enter Forecast Amount Adding Resources Adding as planning element Submission of the Forecast Payable Invoice Create an invoice with Project Details Validate Create Accounting View Accounting Page 2

3 10.5 Interface to project: Checking of the interfaced expenditure in Oracle Projects Expenditure in Project Form Creation of Assets Capitalization details Asset Details Additional Asset details Location, Employee Depreciation Description Transactions for the asset Project Details Line Items Distributions Validate Create Accounting View Accounting Interface to project: PRC: Interface Supplier Costs Check the interfaced expenditure Generation of Asset Lines Interfacing Assets to Oracle Assets Preapre Mass Additions Project Status Reporting with Project Status Inquiry Conclusion : Page 3

4 1 Introduction This manual gives us a detailed overview of the projects cycle with respect to capital projects. The various steps involved in the process including the capitalization process is included in this document. This entire exercise has been performed in the vision instance with the following credentials User Name: SERVICES Password: welcome 2 Creation of Project Responsibility: Projects Super user, Vision Services USA Navigation: Projects > Delivery > Create Projects The first step involved in the project cycle is regarding creation of a project with bare minimum details. This process can be done by two ways a) Creation of project from another existing project This step is adopted when we want to create an exact replica of another project rather than creating a project with the same characteristics and tasks from the fresh or for creating routine type of projects which are very much recurring in nature. b) Creation of project from template This step is adopted when the user wants to create a project on the basis of a template which contains all the necessary information that is required to run a project. So in many organizations rather than creating projects from fresh they are interested to follow a template which contains all the various information that is required to be there. So the second option is more necessary and is mostly used in many organizations so we will be using the second method that is creating a project from an existing template. Step 1: Project from templates Page 4

5 As we know that we are creating a capital project so accordingly the template should also be selected keeping in mind the fact that it should be suitable for capital project. Since we are creating this project in Operating unit i.e Vision Services so we need to select a template belonging to this particular operating unit. So from the above discussion we can undesratand our requirement that is a template having the two properties i.e a) Suitabe for capital projects b) Belonging to operating unit : Vision Services So here we can see that we have selected a template for a capital project as shown in the screenshot. Page 5

6 button for continuing the creation of project Enter other project details like Project Name Project Number as shown below Enter a project manager from the LOV Here we need to keep one thing in mind while selecting the projrct manager which is that if we are selecting am employee defined in the HRMS module which is not assigned to the user name of the log in ID with which we have accesed the instance then we cannot see this project in my projects list and while searching the project we need to enter the proejct manager as the search criteria and then we can find it. Page 6

7 So since we are using log in credential as SERVICES so accordingly the employee attached to this user name I,e Marlin Ms Amy has been selected as the project manager. Enter the organisation : Services- East This refers to a project organisation and this need to again fall under the operating unit i.e. Select an organisation falling under the same operating unit. button to complete the process of creation of project. As soon as we do it the syaytem starts processing of the details entered by the user and accordingly ceates a project with the template selected by the user. Page 7

8 Now the project is created with the required details as entered by the user. Page 8

9 3 Set Up 3.1 Changing of Status After creation of the project we need to concentrate on the set ups before using the application for tracking of the project tasks. So for this purpose click on Setup (T) in the Projects, Main Tab as shown below Here we can see that currently the status of the project is Unapproved. So in order to proceed with the further activities we need to change the status of the project. Change the status Page 9

10 button Change the status to Active by selecting the option from the LOV as shown below Page 10

11 for applying the changes done. Page 11

12 3.2 Project Structure After chnaging the status of the project we need to look into the structure of the project. So in order to change the structure related setups get into rhe section of project setups i.e Link to see the set ups In the above screen shot we can see that the various options relating to the project structure is given. So as per the requirement we need to select the the options. If we need to track the financial and the workplan associated with the project then we need to select these checkboxes. Shared structure in Workplan and financials stuctures need to be selected as per requirement. done. button for applying the chnages done to the structure and the chnages are 4 Work plan Setups After dealing of project related setups we need to work on the work plan related setups. Page 12

13 So TAB from the menu and get into the setup section 4.1 Work plan Information Get into workplan information in the setups menu in order to set the set ups fpr workplan information. Page 13

14 Under workplan information various elements we will come across which are part of workplan setups Lifecycle In this process we need to enter the life cycle which the project is going to follw during its operation. This lifecycle can be defined by the user as a setup in the projects module. While defining the life cycle we need to specify the various phases the project is going ti go through in its life cycle Phase As mentioned earlier while defining the lifecycle we need to define the various phases of the lifecycle. So during defining the project set ups with respect to workplan we need to specify the phase in which the project is going on currently so that the tracking of the project takes place acordingly. Page 14

15 4.1.3 Default display outline level During the processs of workplan information set ups the user need to specify the default display outline level. Under this section we specify the elements like workplan versioning etc. So if the suer is interseted to have workplan versioning then we need to select the checkbox pertaining to this. Page 15

16 to apply the changes done. Since we are not following the standard lifecycle with which the template is going i.e. AIM so upon applying the changes we will get an warning as we can see as hown below. to proceed 4.2 Progress Under setiups click the link for getting into the progress related setups. Page 16

17 4.2.1 Progress cycle First we need to select the progress cycle that we are going to follw for tracking the progress of the project. So accordingly we need to select the available options in the LOV Physical percent complete method Physical percent complete method refers to the method to be adopted in order to track the extent of physical work which has been completed in the project so far. So as per the requirement we need to slect accprdingly. to apply the chnages done so far. Page 17

18 5 Resource setups. TAB from the main menu and get into resources related information and 5.1 Assigning Resources In order to assign resources to the project select the Add Assignment from the drop down list as shown below. Page 18

19 for assigning the resources Enter the details as shown as per the requirements Role Page 19

20 Person TAB to see the financial information related to this role Select Return to selected people from the drop down list and click Page 20

21 5.2 Update Duration If the user is interested to update the duration after assigning the resources then we can avail this facility by use of update duration functionality. In order to do it select update duration from the drop down list of the team role action after selecting the resource whose duration has to be updated as shown below. Page 21

22 for updating the duration of the resource Change the duration if required to apply the changes and come back to the Schedules resources window. So now we can see that after chnaging the duration the number of hours in comparison to earlier has also changed which is obvious. Page 22

23 5.3 Update Hours per day If the user is interested to change or update the hours per day then that also he can go for by updating it. In order to achieve that select Update Hours per day from the drop down list of the team role actions list and then can update the number of hours per day as shown below. Here we can change the existing hours per day and enter the new hours if required as shown below. Page 23

24 to apply the changes and come back to the Schedules resources window. Page 24

25 5.4 Update Work Pattern If the user is interested to change or update the hours per day then that also he can go for by updating it. In order to achieve that select Update Work Pattern from the drop down list of the team role actions list and then can update the number of hours per day as shown below. Apply Page 25

26 5.5 Submit for apporval After assigning the resource and deciding on various elements like duration schedule etc. if the user is very sure of no further change then they can go for submitting the work plan for approval. In order to submit the workplan for apporval we need to select Submit for Apporval from the drop down list and then click GO as shown below. on for submission form Page 26

27 for submission of the workplan for apporval. As we submit the workplan we will receive this message as shown below and then click OK for going forward. Page 27

28 6 Work plan 6.1 Task Creation TAB for gettting into workplan main window. After setting the setups for workplan and assigning of the resources we need to create task for the resources. So in order to create task select the existing task from where we need to create a task and then click button and proceed further Page 28

29 Select the outline level as 1 if the user wants to create a subtask of the task selected for creation of task. If we are selecting the outline level as 0 then it would create a peer task and not as a sub task. Enter details like Task name, type and planned effort as per our estimation and the task manager. Enter all the various tasks that is required to be entered in the same manner as shown above and the list will be as follows. Page 29

30 to apply the changes. After applying the changes the system wlll start processing for the creation of tasks as per the details entered in the above process. After the completion of the process we wll get a confirmation message regarding the change of work breakdown structure as shown below. Page 30

31 Here we can see that the work break down structure has been changed as per the details entred by us above. to view the workplan button of we are interested to review it. Page 31

32 for publishing the workplan Page 32

33 6.2 Updation of Work plan Here we can see that our workplan is now in the list as shown below. But the name is in Copy so if we are intrested to update the workplan then click button to change the name and other details as required Page 33

34 Below we can see that the name has been changed by us as per requirement to EDARANU_167_Capital Services Select the change reason as Scope change for applying the changes Page 34

35 In the above screenshot we can see that the name of the work breakdown structure has been changed as we have changed the name of the workplan. 7 Planning Resources to a Task 7.1 Adding Resources In general work breakdown structure refers to the structure which defines the various details pertaining to the work to be performed for accomplishing the task. So after entering the task details its very much necessary on our part to enter the various employees and resources that are going to be involved in the accomplishment of the task. If the user is interested to update the work breakdown structure then they can do so by the functionality of update. For this we need to click the update button and then update the various details which we want to do. First we need to select our task that we want to update let s say task 1.1 as we can see button for updating the task and entering the varios resources that are going to be involved in this process. TAB for entering the rseources who or which are going to work for this task. Page 35

36 7.1.1 Adding People Select the planning resource for which we want to add the resource as shown below button for selecting the resource. When we click go then we can see those resources in the list which are already added as an resource under this template which we have used for creation of the project. Page 36

37 If we want to add any other resource which is not in this list individually then we need to click the button through which we can add one resource at a time. Here we need to specify the resource class which can be anything among people, equipment, material item and financial elements as shown below. Enter the details like Resource format i.e Fianancial Category Name Page 37

38 Financial Category : Labour Enter the planning attributes Spread curve : this will determine the distribution or apportionment of the cost time and effort among the resources. click to apply the changes done by the suer. If the user is interested to select multiple resources then they can do it by clicking button. Enter all the details like Named person Role Team Role After entering the details click shown below. and then we can see these resources in the list as Page 38

39 Select these resources and then click Adding Equipment Similarily like we added People accordingly we can also do the same for Equipements from the drop down list as we can see below. Page 39

40 Page 40

41 to see these in the list of resources like we did for People. Select the required resource from here and click GO After clicking GO we can see that he sreources selected by us are coming in the resources field as shown below. button for reviewing the workplan Page 41

42 button for publishing the work plan So here we can see that all our resources with their respective ETC or Estmate to complete effort are present here. Page 42

43 If we want to update the progress then click button to calculate the estmate to complete effort button to submit the workplan structure so designed. Page 43

44 After clicking the go ahead. button the system throws an alert or warning. Yes and then As soon as we click Yes button the system starts processing of the task related information After completion of the process the updated task information is ready with the updated figures. Page 44

45 8 Financials TAB in the main menu and enter the financials section of the project. 8.1 Financial Structure Information to see the setups and change them if required Get into the financial structure information under financial setups We can observe that the values get defaulted form work break down structure definition. Page 45

46 8.2 Creation of Budget Budget is an essential part of the financial process in a project. So in order to create a budget for our project we need to get into financials TAB under the main menu. TAB Select Approved cost budget for creating a plan version for the budget Enter various details like Name, Description as shown below Page 46

47 8.3 Edit Planning Options Select Edit Planning Options from the drop down list as shown below and click Plan Settings TAB and enter the required options Page 47

48 Define the plan settings Field Value Approved Budget Approved Cost Budget Approved Revenue Budget Yes (read only) Yes (read only) Amount Entry Quantity Raw Cost Rate Burdened Cost Rate Raw Cost Burdened Cost Plan Amounts in Multiple Currencies Bill Rate Revenue Yes Yes No Yes No No (read only) No No Reporting and Display Resource Breakdown Structure Report Cost Using Standard RBS (view only) Burdened Cost Display Factor 1 Cost And Revenue Lowest Level Planning Resource List Time Phase Period Profile Current Planning Period Project Standard Planning List (no Central Control) GL Period GL Period Accept Default Value Page 48

49 8.3.2 Currency Settings Define the currency settings Field Project Functional Currency: USD Cost Rate Type Cost Rate Date Type Cost Rate Date Revenue Rate Type Revenue Rate Date Type Revenue Rate Date Add Transaction Currencies Currency Cost Conversion Rate to: USD (first) Revenue Conversion Rate to: USD (second) Currency Value Corporate Start Date of Plan Period Leave Blank Corporate Start Date of Plan Period Leave Blank USD - US Dollar (view only) Leave Blank Leave Blank CAD - Canadian Dollar Page 49

50 Cost Conversion Rate to: USD (first) Revenue Conversion Rate to: USD (second) Leave Blank Leave Blank Rate Schedules Enter rate schedule information Field Use Planning Rates Cost Employee Yes Leave Blank Value Job Non-Labor Resource Resource Class Burden Schedule Cost Rate by job Leave Blank Resource Class Rates Internal Costing Revenue Employee Job Non-Labor Resource Resource Class Bill Rate by Emp Bill Rate by Job Non-Labor Bill Rate Res Class Bill Rates Page 50

51 8.3.4 Generation options Specify Generation Options Field Value All Generation Options Source Plan Type Version Revenue Accrual Method Revenue Derivation Method Include: Open Commitments Include: Billing Events Include: Retain Manually Added Plan Lines Financial Plan Estimate Leave Blank WORK (read only) Work Yes Yes Yes Page 51

52 for applying the changes 8.4 Enter Budget Amounts button to edit the budget amount Page 52

53 8.4.1 Adding Resources for adding tasks and resources Select the project Add Resources from the drop down list for adding the rsources and then click on as shown below Select the resources as per requirement and then Page 53

54 After selecting all the required resources click button After applying the selected resources we can see that the resources selected field has been enabled and its checked. Page 54

55 8.4.2 Adding Planning Element After adding the resources we need to add these resources as planning elements Select Add as Planning Element from the drop down list. And then click So here we can see that now the field for Planning Element has been enabled Apply for applying the chages done So here we can see the version of our budget so created by us Page 55

56 8.4.3 Entering Budget Amounts Enter budget amounts for Contractor Similarily enter the amounts for equipments, financial elemens and People as shown below Page 56

57 to save the chnages done by entering the amounts to resources After saving the changes we can see that the budgeted amounts for the burdened cost gets calculated as shown in the next screenshot. for editing the resource details pertaining to budgets and seeing the distribution of the total amounts under various periods. Page 57

58 for viewing the budget Page 58

59 8.5 Submission of Budget Finally we need to submit the budget if we feel that everything is created as pe the requiremnt and so it can be send for approval. for submission Page 59

60 9 Creation of Forecast The functionality for forecasts is also there in Oracle projects. Budget is an essential part of the financial process in a project. So in order to create a budget for our project we need to get into financials TAB under the main menu. In order to avail this functionality we need to get into financials menu as shown below submenu and select Forecast button for creation of a planned version of the project Enter the details like forecast name and description as per our suitabality as shown below Page 60

61 9.1 Edit Planning Options Select Edit Planning Options from the drill down list of box and then click Plan Settings Field Primary Forecast Primary Cost Forecast Primary Revenue Forecast Amount Entry Quantity Raw Cost Rate Burdened Cost Rate Raw Cost Burdened Cost Plan Amounts in Multiple Currencies Value Yes (read only) Yes (read only) Yes Yes No Yes No No Page 61

62 Bill Rate Revenue Reporting and Display Resource Breakdown Structure Report Cost Using Display Factor 1 Cost And Revenue Lowest Level Planning Resource List Time Phase Period Profile Current Planning Period No No Standard RBS (read only) Burdened Cost Project Standard Planning List (no Central Control) GL Period GL Period Accept Default Value Currency Settings Define the currency settings Field Project Functional Currency: USD Cost Rate Type Cost Rate Date Type Cost Rate Date Revenue Rate Type Revenue Rate Date Type Value Corporate Start Date of Plan Period Leave Blank Corporate Start Date of Plan Period Page 62

63 Revenue Rate Date Leave Blank Add Transaction Currencies Currency Cost Conversion Rate to: USD (first) Revenue Conversion Rate to: USD (second) Currency Cost Conversion Rate to: USD (first) Revenue Conversion Rate to: USD (second) USD - US Dollar (view only) Leave Blank Leave Blank CAD - Canadian Dollar Leave Blank Leave Blank Rate Schedules Enter rate schedule information Field Use Planning Rates Cost Employee Yes Leave Blank Value Job Non-Labor Resource Resource Class Burden Schedule Cost Rate by job Leave Blank Resource Class Rates Internal Costing Revenue Employee Job Bill Rate by Emp Bill Rate by Job Page 63

64 Non-Labor Resource Resource Class Non-Labor Bill Rate Res Class Bill Rates Page 64

65 9.1.4 Generation Options Specify Generation Options Field All Generation Options Actuals Amounts Through ETC Source Workplan Plan Type Version Revenue Accrual Method Revenue Derivation Method Change Documents Open Commitments Billing Events Retain Manually Added Plan Lines Value Current Period Task Level Selection XX Cost Plus Revised Workplan Forecast Leave Blank WORK (view only) Work Yes Yes Yes Yes Page 65

66 Page 66

67 9.2 Enter Forecast Amount for entering the forecast amount Adding Resources for adding the tasks and resources Select the project Select Add Resources from the drop down list of the actions and click Go as shown below Page 67

68 Enter details like Resource class, resource format and name as we did in case of budget. Page 68

69 for adding the resource Like in case of budget in forecast also multiple resources can be added by clicking button Enter the necessary and the required details Page 69

70 Like budgets we need to select our resouces and then add to the forecast for adding the resource In the above screenshot we can see that the field for Resources Seelected has been enabled hereby. Page 70

71 9.2.2 Adding as planning element Select the project and select Add as Planning Element and click Go Here we can see that after adding as a planning element the field for Planning Element has been enabled. for applying the changes Page 71

72 Enter the forecast amount as shown below for saving the forecast with the amounts so entered. After this we will get a message as hown below. Page 72

73 Page 73

74 9.3 Submission of the Forecast Approve the forecast by clikcing button Page 74

75 Page 75

76 10 Payable Invoice As part of the process flow we need to do a transaction and see its impact on the projects module. So for this purpose we need to make a payables invoice and see its implication in projects module by interfacing the transaction with projects through a programme Create an invoice with Project Details Responsibility: Payables Manager Navigation: Invoices > Entry > Invoices Enter the basic information Enter the project details Select the project Select the task Page 76

77 Select the expenditure type Here we can see all the project informations Page 77

78 Here we can see that the acount is defaulting because of autoaccounting Page 78

79 Since we need to capitalise the asset as part of the requirement so we need to take an asset clearing a/c as shown below Page 79

80 Save it Page 80

81 10.2 Validate Page 81

82 10.3 Create Accounting Page 82

83 10.4 View Accounting As we can see that the accouting entry is a follows Item Expense (Asset Clearing ) A/c Dr USD To Liability A/c USD Page 83

84 10.5 Interface to project: After performing of the transaction we need to interface the transaction with projects module. This can be achieved through a programme or request i.e. PRC: Interface Supplier Costs Responsibility: Project Costing Super User Navigation: View > Request > Submit a new request Run Program PRC: Interface Supplier Costs to interface Payable Invoices related to concerned projects Select the project as one of the parameter Enter a batch name for easy identification: DIPL_ER_PA Page 84

85 Submit the request Refersh till completion of the request for seeing the output of the request. From the output we can see that the transaction has been interfaced that is the invoice number has come as higlighted over here and is hereby attached Page 85

86 10.6 Checking of the interfaced expenditure in Oracle Projects To crosscheck the fact that the transaction has reached the projects module lets query for the transaction in projects costing module. Responsibility: Project Costing Super User Navigation: Expenditures > Expenditure Enquiry > Projects Enter the project Enter the task Expenditure Organisation Page 86

87 Page 87

88 Note the transaction ID and query for the same in the projects form : Expenditure in Project Form Search for your projects in the project list Responsibility : Projects Superuser Navigation : Projects > Delivery > Projects List Search for your project and click it for seeing the present status Page 88

89 So as we know the transaction ID so let s query with the transaction ID Page 89

90 11 Creation of Assets Since we are creating a capital project process flow so we need to create a CIP asset as part of the process flow which will be later interfaced to oracle assets and then capitalized over there. Responsibility: Projects Vision Services Navigation: Capitalization > Capital Projects Enter the project for creation of assets Page 90

91 11.1 Capitalization details Since the asset is still on a planning phase so we need to set the status of the asset as Estimated as we can see. Once all the details are created and the transactions are performed then only we will change the status from Estimated to As Built when it is to be capitalized by the user Asset Details Enter the following Book Name Category And other required details Enter the asset book Enter the asset category Page 91

92 Enter details like Asset number and actual units 11.3 Additional Asset details 11.4 Location, Employee Enter the following Page 92

93 Location Employee Name Number Page 93

94 11.5 Depreciation Enter the depreciation expense account Page 94

95 11.6 Description Save it and close the window 12 Transactions for the asset Responsibility: Payables Navigation: Invoices > Entry > Invoices 12.1 Project Details Enter the project information Page 95

96 Project Name and number Task Name and Number Expenditure organisation All the project details will be as follows Page 96

97 12.2 Line Items 12.3 Distributions TAB As we can see that the account is defaulted But we need to have asset clearing a/c as the account so let s change the a/c Page 97

98 Save Page 98

99 12.4 Validate Page 99

100 12.5 Create Accounting Page 100

101 12.6 View Accounting Go to Menu > Tools > View Accounting Events Accounting Entry As we can see that the accouting entry is a follows Item Expense (Asset Clearing ) A/c Dr USD To Liability A/c USD Page 101

102 12.7 Interface to project: PRC: Interface Supplier Costs In order to interface the transaction from payables to projects we need to run the programme : PRC: Interface Supplier Costs Responsibility: Project Costing Super User Navigation: View > Request > Submit a new request Run Program PRC: Interface Supplier Costs to interface Payable Invoices related to concerned projects Submit the request and refersh till completion for seeing the output Page 102

103 12.8 Check the interfaced expenditure Responsibility: Project Costing Super User Navigation: Expenditures > Expenditure Enquiry > Projects Page 103

104 Note the transaction ID and query for the same in the projects form : Page 104

105 Query for the same in Respective Projects Form, Search for ypur projects in the project list Responsibility : Projects Superuser Navigation : Projects > Delivery > Projects List Search for your project and click it for seeing the present status So as we know the transaction ID so let s query with the transaction ID Page 105

106 Run the following programmes PRC: Distribute Labor Costs Page 106

107 PRC: Distribute Usage and Miscellaneous Costs PRC: Update Project Summary Amounts for a Single Project PRC: Distribute Total Burdened Cost Page 107

108 PRC: Generate Cost Accounting Events Page 108

109 PRC: Update Project Summary Amounts for a Single Project Page 109

110 PRC: Create Accounting 12.9 Generation of Asset Lines Get back to Capitalize window Capitalization > Capital Projects Page 110

111 Page 111

112 Page 112

113 Page 113

114 Change the current status of the project to As-Build as we want to capitalise the asset Page 114

115 Enter an actual date of service as shown below Save Assets TAB to see the posotion of the assets of the project Page 115

116 Here we can see that the lines are generated for this asset as we generated lines in the previous step but the names are the same so lets change the asset from the asset lines. Select our asset as created by us and the change the asset as shown below Page 116

117 Now the asset has been changed and enter the assets window Page 117

118 the Tab to see the asset lines of this partcular asset Interfacing Assets to Oracle Assets In this step we interface the assets so created by us in oracle projects to oracle assets and this is the final step which is done regrading the asset in oracle projects. After this interfacing we cannot do any sort of change to the asset created in oracle projects. The programme is PRC: Interface Assets to Oracle Assets Submit the request and refrsh till completion Page 118

119 View Output to see the output of the request Here we can see that our asset has been interfaced to Oracle assets Page 119

120 12.11 Preapre Mass Additions After creation of capital asset in oracle projects and then interfacing the asset to Oracle assets we need to prepae mass additions in fixed assets module. Responsibity : Assets Navigation : Mass Additions > Prepare Mass Addtions Enter the asset book : GOK ERN Here we can see that our asset is present over here with the status of Post and next we need to post it which means to capitalise it by posting mass addition. Page 120

121 Here we can post the asset by setting the parameter as the asset book name and then the status of the asset changes to POSTED as we can see below. Page 121

122 13 Project Status 13.1 Reporting with Project Status Inquiry Responsibility = Projects, Vision Services (USA) 2. Navigate to the Find Project Status window (N) Project Status Inquiry > Project Status Inquiry Search for the project created Page 122

123 14 Conclusion : Thus this manual on capital gives a detailed explanation of the process involved in capital projects and the various steps and functionality involved in it. Page 123