Name: S49100_26_U1_VID_1_FINAL.mp4
Uploaded: 2024-11-20
Duration: 114 s
Description: A project and its characteristics is discussed.

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cleanFiles/Bookmap_S49100_en-US_learning-sap-com_lsc-prod.zip (MMCP-DROPZONE) - 2025-01-13T08:17:44.000Z

Introducing SAP S/4HANA EPPM Project System

<div id="content"><div class="note"><div class="noteTitle"><span class="noteIcon"><img title="Note" src="/icons/note.svg"></span><span class="noteTitleText">Note</span></div><div class="noteBody">See the following video to learn more about projects and their characteristics:</div></div><div class="kalturaVideoLessonWrapper"><div aria-label="A video is shown about projects and their characteristics." class="kalturaVideoLessonContainer" data-testid="video" id="1_24ctmera"></div></div><p tabindex="0">Hierarchical structures are used to represent the structure of projects. They enable the following:</p><ul style="list-style-type:disc"><li tabindex="0"><p tabindex="0">Top-down estimates (for example, to establish persons responsible and the assignment of budgets).</p></li><li tabindex="0"><p tabindex="0">Bottom-up estimates (for example, to evaluate aggregated data about costs, revenues, scheduling, and progress).</p></li></ul><p tabindex="0">As a rule, network techniques are used to plan and control project process flow.</p><div class="parentsection"><div class="section"><div tabindex="0"><h3>Structures in the SAP Project System</h3></div><div class="note"><div class="noteTitle"><span class="noteIcon"><img title="Note" src="/icons/note.svg"></span><span class="noteTitleText">Note</span></div><div class="noteBody">See the following video to learn more about structures in the SAP Project System:</div></div><div class="kalturaVideoLessonWrapper"><div aria-label="A video is shown about structures in the Project System." class="kalturaVideoLessonContainer" data-testid="video" id="1_86jeubs5"></div></div></div></div></div>

Introduction to SAP S/4HANA EPPM Project System

Carrying out the Basic Configuration of SAP S/4HANA Project System

A project and its characteristics is discussed.

S49100_26_U1_VID_1_FINAL.mp4

To successfully manage projects, you must plan, control and execute fundamental objectives in a targeted, efficient manner. Professional project management is important to stay competitive, particularly for businesses primarily using project-oriented processes. The term "project" is not specific to any particular industry and, therefore, covers different types of plans, such as research and development projects, investment projects, maintenance projects and IT projects. A project is a summary of certain business processes within a company. A project can be defined as a plan distinguished by the uniqueness of its conditions. These conditions include clear goals, objectives and restrictions, such as time, money and personnel resources. Projects are usually an integral and interdisciplinary part of a company's business processes. Project-specific organizational forms, also called "project organizations", are often used to control all the tasks involved in carrying out a project, with several specialist departments involved. Many projects can also be characterized by their uniqueness, the high-quality demands on the project result, or their strategic importance for the company. A project comprises several phases. A high degree of precision is required when planning and coordinating large and complex projects. When planning the flow of a project, you need to schedule deadlines and dates, make resources available, and assign funds. A clearly and precisely structured project is the basis for planning, monitoring, and controlling your projects. A project is arranged based on two aspects: structure and process.

Structures in the Project System are discussed.

S49100_26_U1_VID_2_FINAL.mp4

SAP PS is a project management tool that provides you with support in all phases of the project. The high degree of integration between SAP PS and other SAP functions, such as Logistics, Accounting and Human Resources, ensures that the required business processes can run quickly and efficiently in SAP PS. SAP PS provides structures used to model and organise projects flexibly. In these structures, you can plan and monitor dates, costs, revenues, budgets, resources, materials and so on. You do this using the relevant tools and reports from SAP PS. SAP PS is an SAP Research and Development component in the  SAP S/4HANA core. Depending on the project type and the focus of project monitoring, you can structure your project in SAP PS using work breakdown structures, also referred to as WBS. You can also use activities or both in one or more networks. These can then be linked using relationships, if required.