SAP Project System (PS) is a part of SAP’s Project and Portfolio Management solution. Project Systems helps manage projects throughout the entire project lifecycle, from the creation of a project to the preparation of detailed plans and, project execution and completion.
Due to its tight integration with SAP’s Finance and Logistics modules, the SAP PS Module can be used especially for large and complex projects such as construction, production, service and, investment projects, and in all industries.
One of the strengths of SAP PS as a project management tool is that it can be integrated with other SAP modules as shown in the image below, as well as with external project management tools such as Primavera and Microsoft Project from non-SAP systems.
Companies that start using SAP Project System (PS) gain advantages from the subjects below:
- Organized and detailed follow up of customer and company in-house projects
- One common platform for project office, logistics units, and finance department
- Project profitability by phase
- Resource utilization rates
What are the SAP PS Module Basic Functions?
The SAP PS Module Basic Functions discussed in this blog post are as follows:
- Project Structure: Work packages can be created and represented in projects using Work Breakdown Structure (WBS) Elements and Network Plans.
- Time Schedule: The project time schedule can support tracking of the activities of the employees and the steps in the projects work packages (WBS elements).
- Cost and Revenue Planning: The cost and revenue planning can be done for the steps in work packages (WBS elements).
- Budgeting: Allows budgeting of the projects and the steps in work packages (WBS elements) of the projects to support budget management, and to ensure budget availability controls.
- Project Progress Analysis: Functionality to support analysis of the stages of the project, the progress of the project’s steps, and the project’s status.
- Reporting: The provision of many reports based on hierarchical, financial (G/L Account and line item), material, resource, and project progress.
