SAP PS

Settlement rules are nothing but settling the account for a

cost center.Which WBS are account assigned the cost of

corresponding WBS should be settled to the respective cost

center assigned for that WBS.Settlement rule is assigned in

settlement profile in which you will define (like assect)

the rules of settlement.

It is another function for planning costs at WBS elements

level. It uses the existing Controlling, purchasing or MM

data in the form of costing items. Also you can have

predefined costing models to simplify repeated entries.

Post the cost incurred from Jan-May via JV (From SAP-FI)

directly on WBS.

KKA2 for calculating result Analysis;

KKAJ - for calculating WIP

Settlement will take place via profitability segmenet .

Level 1 WBS should have settlement rule define to be

settled to PSG and level 2 WBS should be settled to

superior one WBS element .The main one level 1 WBS/ Project

will be settled to PSG , and variance will be posted to

COPA .

A project is a system which involves 1. project, sub-

project, activities & tasks.

It will have the good integration with the other modules

like MM, Fi/co, & PM modules.

In Valuated stock every material in stock is managed on a

both a quantity basis and a value basis. The monetary value

of each quantity of material is calculated separately. while

non valuated material is maintained as per quantity and not

on the basis of its value.

Whenever the confimation of activities done and if the

milestne is attached with that particular activity the

milstone trigerrs the milstone as per the configuration

done and it will do the nilling through SD module

It is a graphical representaion which helps in Scheduling

the Project. It can be referred to as a Dash Board which

gives details of the Project in terms Budgeting, Actual

Costs, Planned Work and Actual Work, Remaining Work, % of

Completion. Project Manager can also use this for

restricting the activities in terms of SS,FS,SF conditions

datewise.

Relationship basically denotes how activities in a

networkorder are related to each other.They can be

classified into 4 categories - SS (Start-Start), SF(Start-

Finish), FF (Finish-Finish), FS (Finish - Start).

For 2 activities say A and B

SS -->> Both A and B start together

SF -->> Start of A coincides with finish of B and so on.

We can also specify the time gap between which these

relationships work. Say in an SS relationship, there can be

a 10 minutes gap between start of A and B and so on.

Project planning board is a tool within PS that allows you

to plan the entire project structure, capacity, resources,

dates.

Unit costing is a means of recording all the costs - direct

and indirect - associated with the delivery of services.

Total cost of service provision divided by the total amount

of service provided

Project Management is nothing but a Organizing and planning

and scheduling software Project

-Delevered on time

-Software needed

Neede for Project Management is,

-Project Planning

-project Scheduling

-Project Costing

-Monitoring Reviews

-Report Writing and Presentation

Manually it is Documented and Automated it is Microsoft

Project Planner(MPP)