Information Technology Governance - Governance, Risk, and Compliance Topic for Oracle Applications - page 84

The following objects make up the Portfolio Planning System :

• Portfolio : Portfolio is merely a collection of projects.
• Project : It is a project in Oracle projects
• Project Scenario : A Project Scenario is the project within Portfolio Analysis
for the planning cycle. There can be many occurrences of the project within
the planning cycle, one for each scenario.
• Scenario : A scenario is one possible future that might be planned for.
The planning cycle will probably consider many scenarios.
• Planning Cycle : A planning cycle is a process by which the Portfolio of
projects is ranked, prioritized, and a scenario is approved for implementation.
• Project Scorecard Objective Score : Projects can be scored against
objectives that are consistent with the IT balanced scorecard and
the overall enterprise scorecard.
• Project Scorecard Objective : A project scorecard may have a number
of objectives.
• Project Scorecard : Each project can have its own scorecard within
each scenario.
• Portfolio Plan : An approved scenario within an approved planning
cycle is the plan for that portfolio.

The objects and their relationships are illustrated in the following data model:

PORTFOLIO SCENARIO PLANNING CYCLE

PROJECT PROJECT SCENARIO PROJECT SCORECARD

OBJECTIVE SCORE

PROJECT
SCORECARD

PROJECT SCORECARD
OBJECTIVE