SAP PS (Project system)
SAP Project System (SAP PS) is a feature of the SAP ERP suite that manages and controls projects throughout their lifecycle. It provides tools for project planning, execution, and monitoring, allowing businesses to fulfill their objectives more efficiently. Here are the important details of SAP PS:
1. Key Components of SAP PS:
Project Structures: The Work Breakdown Structure (WBS) organizes the project into hierarchical, manageable components. Each work breakdown structure piece represents a project deliverable or phase.
Network: Specifies the sequence of activities or tasks required to finish the project. Networks are made up of activities, milestones, and task linkages.
Project Planning: The Project Planning Board provides an overview of project plans, including schedules, budgets, and resources.
Planning Tools: Includes cost, time, and resource planning tools. enables the construction of precise project plans and timelines.
Key Features of SAP PS:
Project Definitions: Define and manage project scope, objectives, and organizational structure.
Milestones and deliverables: Set and track project milestones and deliverables to guarantee timely completion.
Resource Management: Resource planning is allocating and managing resources such as persons, equipment, and materials needed for project tasks.
Capacity Planning: Ensure that resource availability corresponds to project requirements and schedules.
Cost Planning: Estimate and plan project costs using activities and WBS elements.
Cost tracking involves monitoring and controlling real costs against projected budgets to avoid overruns.
Time Management Schedule: Create thorough project schedules that include task durations, dependencies, and timelines.
Time Tracking: Keep track of the time spent on project tasks to ensure correct billing and reporting.
Benefits of SAP PS:
Improved Project Visibility: Provides a unified view of project status, costs, and progress, enabling better decision-making and project control.
Enhanced Planning and Execution: Facilitates detailed planning and scheduling, helping to ensure that projects are completed on time and within budget.
Better Resource Utilization: Optimizes resource allocation and usage, reducing waste and improving efficiency.
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Key Responsibilities:
– Implement, configure, and support SAP PS module
– Design and configure project structures, workflows, and processes
– Integrate SAP PS with other SAP modules (e.g., MM, SD, FI)
– Troubleshoot and resolve technical issues
– Collaborate with stakeholders to understand requirements and deliver solutions
– Stay up-to-date with SAP product updates and releases
1. Demonstrate advanced technical knowledge in SAP CPM & SAP PS modules with ability to configure, customize, and implement solutions to meet business requirements effectively.
2. Lead and actively participate in SAP CPM & SAP PS implementation projects from start to finish. Provide expert guidance during all project phases, including design, testing, data migration, training, and go-live support.
3. Act as a subject matter expert and actively participate in project planning, scoping, and execution. Apply project management skills to ensure project deliverables are achieved within defined timelines and budget constraints.
4. Design and implement effective project planning and cost management strategies to ensure successful project execution and cost control.
5. Define revenue recognition methods and billing processes to accurately capture project revenues and streamline billing operations.
- Understanding business requirements, advising and designing SAP solutions. Building customer relationships and taking ownership for customer needs and satisfaction.
- Providing support and taking ownership on tickets resolution process.
- Writing functional specifications for RICEF objects and report painter.
- Senior SAP PS Functional Consultant with relevant experience of 5+ Years
- At least one E2E SAP implementation project experience.
- Good experience in all types of projects, mostly in customer projects.
- Good configuration knowledge in WBS, Network, Milestones, Cost Planning, Budgeting, milestone billing, results analysis, COPA settlement & CAPEX settlement processes
- Strong integration exposure with other SAP modules
- Knowledge of SAP Investment management module.
- Must be able to write functional specifications, perform testing and conduct end-user training sessions.
- Should be able to handle project cutover activities independently.
- Latest S4 HANA version experience will be added advantage
- Ability to communicate effectively.
- SAP PS Implementation Experience: End-to-end Implementation experience in different domains – Banking, manufacturing, Civil or any other Industry.
- Good configuration knowledge of PS structures: WBS, Network, Milestones, Cost Planning, Budgeting, Material Requirement Planning, Project quotation, Time sheets, Goods issues, and other project management activities in SAP PS.
- Must have completed at least two end-to-end implementations.
- Experience on complete PS module cycle from project creation to settlement.
- Integration knowledge with CO, FI and MM, SD and PP.
- Must be proficient in handling Issues/support functions.
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