Information Technology Governance - Governance, Risk, and Compliance Topic for Oracle Applications - page 90

The View Comparisons page contains graphical measures of the strategic objectives
and financial metrics of the selected scenarios. The scenarios that you selected for
comparison are displayed together in the graphs to help you select the scenario that
best meets your organization's objectives.
Recommend and approve the scenario
A portfolio approver can perform the following actions:
• Review the recommended scenarios.
• Approve a scenario.
• Approve or reject both the portfolio plan and the scenario.
This marks the end of the planning cycle.
When the portfolio analyst recommends a portfolio plan for approval, Oracle
Workflow changes the planning cycle status to Submitted and sends a notification
to the portfolio approvers and portfolio analysts. The notification contains the name
of the planning cycle that is ready for review and approval.
After careful examination of the recommended scenarios, the portfolio approver can
approve a scenario and portfolio plan separately or together.
In order to approve a scenario or a scenario and portfolio plan together, open the
Scenarios page of the current planning cycle, and select the scenario that you want
to approve.
In order to approve a portfolio plan after you approve the scenario, open the
Planning Cycle page, and click on the Checklist. Select the Approve Plan task in
the checklist.
After you approve the portfolio plan, Oracle Workflow changes the planning cycle
status to Approved and sends a notification to the project managers and project
owners that a planning cycle has been approved or rejected.
Close planning cycle and implement scenario
recommendations
The approval of a portfolio plan automatically changes the project funding approval
status of projects that are included in the approved scenario to Approved.
Oracle Project Portfolio Analysis also creates a project set in Oracle Projects.