SAP Project System users should consider integrating it with SAP Investment Management, which will expand PS's...
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more limited budgetary control options. For example, when a project planner creates a new project in the PS component, he or she will also create planned tasks and activities, work breakdown structures and networks, assigned resources and budget. These help to monitor all planned values against actual values. All these functions work well, as long as the entire project is monitored within Project System. The limitations of PS begin to appear when a company wants to split budgets into several projects that may or may not all be mapped within PS. With SAP Investment Management, the project planner can plan, distribute and monitor budgets for projects, and do so for budget values, such as plant maintenance orders or internal orders.
In SAP Investment Management, the basis of budget and investment planning is an investment program. An investment program consists of company-specific criteria for an investment, such as geographical factors, organizational setup or the size of the entire plan. The project planner allocates budget values at different position levels in an investment program. The next step is to distribute the budgeted values of an investment program to assigned investment measures. Investment measures are projects, plant maintenance orders or internal orders. These not only serve as detailed investment planning tools, but also measure operational execution.
SAP Investment Management offers another budget-planning option: The project planner can use appropriation requests to map project proposals, investment requirements, or other project development ideas and plans before their possible implementations or execution in SAP ECC. It is also possible to create several variants of appropriation requests and monitor them though statuses, such as created, in process, in review, approved or released.
The cost planning in SAP Investment Management prevents the duplication efforts of first planning costs at the level of an appropriation request and then again at the investment program level. Further, the project planner can plan costs directly in the investment program -- or, if needed, he or she can even change the uploaded planned costs.
The reporting in SAP Investment Management makes it possible to evaluate data of investment measures in an aggregate form up to the level of investment program.
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