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If you're looking
to jumpstart your next project with SAP Project System, then the fourth
edition of "Project
Management with SAP Project System" by Mario Franz is an excellent
resource to start with. This comprehensive guide covers everything you
need to know about using SAP PS for a wide range of industry-relevant processes
and workflows, from development to invoicing. Here are some potential knowledge
gains and lessons learned from reading this book:
Structures and Master Data Q: What is a Work Breakdown Structure (WBS) in project management? A: A Work Breakdown Structure (WBS) is a hierarchical decomposition of the project into smaller, manageable tasks. It is a visual representation of the project scope and objectives. Q: What is a network diagram in project management? A: A network diagram is a visual representation of the project tasks and their dependencies. It shows the flow of work and helps identify critical path activities. Q: What is a project definition in SAP PS? A: A project definition is a master data record that contains information such as project start and end dates, project manager, WBS, and network activities. Planning Functions Q: What is capacity planning? A: Capacity planning is the process of determining the resources required to complete a project and ensuring that those resources are available at the required time. Q: What is material planning? A: Material planning is the process of determining the materials required to complete a project and ensuring that those materials are available at the required time. Q: What is resource scheduling? A: Resource scheduling is the process of assigning resources to project tasks and ensuring that those resources are available at the required time. Budget Q: What is cost planning? A: Cost planning means estimating the cost of project activities and developing a project budget. Q: What is cost control? A: Cost control involvesmonitoring and managing project costs to ensure that they are within the approved budget. Q: What is earned value analysis in project management? A: Earned value analysis is a technique used to measure project progress and performance. It compares the value of work completed to the value of work planned and provides an indication of project efficiency. Project Execution Processes Q: What is project tracking? A: Project tracking means monitoring project progress and comparing it to the project plan. It helps identify potential issues and allows for corrective action to be taken. Q: What is project risk management? A: Project risk management is the identifying, assessing, and managing potential risks that could impact project success. Q: What is project communication management? A: Project communication management involve planning, managing, and controlling project-related communications. It ensures that project stakeholders receive the necessary information at the right time. Period-End Closing Q: What is accrual calculation? A: Process of calculating and recording project-related expenses and revenues that have not yet been paid or received. Q: What is revenue recognition? A: Recognizing project-related revenue based on the percentage of completion or other criteria. Q: What is settlement? A: Settling project-related costs and revenues to the appropriate cost center or G/L account. Reporting Q: What is project variance analysis? A: Comparing actual project performance to the project plan and identifying areas where actual performance differs from planned performance. Q: What is project status reporting? A: Providing project stakeholders with regular updates on project progress, issues, and risks. Integration Scenarios with Other Project Management Tools Q: What is integration between SAP PS and SAP Financials? A: Integration between SAP Project System and SAP Financials allows for the automatic transfer of project-related costs and revenues to the appropriate G/L accounts. Q: What is integration between SAP Project System and SAP Human Capital Management? A: Integration between SAP PS and SAP Human Capital Management allows for the automatic assignment of resources to project tasks based on their availability and qualifications. BAPIs in SAP Project System Q: What are BAPIs? A: BAPIs (Business Application Programming Interfaces) are standardized programming interfaces that allow external systems to access and update data in SAP Project System. Q: How are BAPIs used in SAP PS? A: BAPIs can be used to automate processes such as project creation, WBS element creation, and material planning. They can also be used to integrate SAP Project System with other systems. Query and Reuse Views of SAP Project System in SAP HANA Live Q: What are Query and Reuse views? A: Query and Reuse views are pre-defined views of SAP PS data that can be used for reporting and analysis. Q: How are Query and Reuse views used in SAP HANA Live? A: Query and Reuse views can be used to create real-time reports and dashboards that provide insights into project performance and other project-related data. Selected Project System Database Tables Q: What are some of the key project system database tables? A: Some of the key project system database tables include PRPS (Project Definition), PROJ (Project Header Data), PRTE (Project Texts), and PRHI (Project History). These tables contain information on project structures, planning data, budgets, and project execution. Unique Features of this Book
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