This is an article from our KBA (Knowledge Based Article) series.
Out of several functionalities of SAP Solution Manager 7.2, Project Management functionality handles the issues related to IT Projects Management and provides a solution to it.
It provides significant financial control features, protection within the
firewall, and user-level restrictions on accessing documents and other
information. SAP Project System (PS) is a project management software tool
that integrates with other components of the SAP Enterprise Resource
Planning (SAP ERP) system. (SAP Solution Manager 7.2)
There are 5 step to implement a Project Management.
1. Project initiation
2. Planning
3. Execution
4. Controlling
5. Closure
Project initiation
Project Charter
Assignment of Project Manager
Creation of Project plan (e.g., From Templates)
Planning
Project Structure Planning (dates, durations…)
Resource planning
Cost planning
Risk Management
Release of project plan
Execution
Continuous project planning
Resource assignment
Time recording
Cost bookings
Completion tracking
Documentation
Controlling
Percentage of completion
Cost controlling
Cost Allocation
Billing
Closure
Closure of task, phases, project
Documentation
Lesson Learned
Regards,
Team FuGenTimes.
Reference- FuGenTex Pvt. Ltd.
Website-http://www.fugentex.com/
Linkedin-https://www.linkedin.com/company/fugentex-pvt-ltd/
Youtube-https://youtube.com/@fugentex3140
Instagram-https://instagram.com/fugentex_solutions_pvt_ltd?igshid=Yzg5MTU1MDY=
