Hi vsrgvk1980,
If you just publish the cube from Framework Manager and not from PPES, you will be able to use it in Query Studio, Report Studio, Analysis Studio (although you do not have it currently), and Event Studio, but not in PowerPlay Web.
If you just publish the cube from PPES and not from Framework Manager, you will be able to use it in PowerPlay Web but not in the c8 studios.
If you do both, you will be able to use the published cube from PPES in PowerPlay Web and the published cube package from Framework Manager in the c8 studios.
Hope that helps,
MF.