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Questions and Answers
What role does SAP PS play in project management?
What role does SAP PS play in project management?
Which of the following is NOT a characteristic detailed in SAP PS master data for projects?
Which of the following is NOT a characteristic detailed in SAP PS master data for projects?
How does SAP PS integrate with other modules?
How does SAP PS integrate with other modules?
Which project type is NOT associated with SAP PS?
Which project type is NOT associated with SAP PS?
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What is a primary function of the project builder in SAP PS?
What is a primary function of the project builder in SAP PS?
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How does SAP PS facilitate project coordination across teams?
How does SAP PS facilitate project coordination across teams?
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What is a notable feature of project control in SAP PS?
What is a notable feature of project control in SAP PS?
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What aspect of capacity does the SAP PS module help manage?
What aspect of capacity does the SAP PS module help manage?
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What is the primary function of a project planning board?
What is the primary function of a project planning board?
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Which of the following is NOT a possible entry type with Easy Cost Planning?
Which of the following is NOT a possible entry type with Easy Cost Planning?
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What does Direct Settlement imply in project closure?
What does Direct Settlement imply in project closure?
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Which advantage is associated with Easy Cost Planning?
Which advantage is associated with Easy Cost Planning?
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What type of reports does the information system in project management provide?
What type of reports does the information system in project management provide?
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Which process step is involved in Project Execution regarding the purchase process?
Which process step is involved in Project Execution regarding the purchase process?
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Multi-level Settlement involves which of the following?
Multi-level Settlement involves which of the following?
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Which of the following is a crucial aspect of Capacity Planning in project management?
Which of the following is a crucial aspect of Capacity Planning in project management?
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What happens when a milestone is reached in relation to the billing plan?
What happens when a milestone is reached in relation to the billing plan?
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Which of the following actions can milestones help prepare for?
Which of the following actions can milestones help prepare for?
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What is required to cost networks in the SAP PS regarding activity types?
What is required to cost networks in the SAP PS regarding activity types?
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In capacity planning, what does the 'Number of Required Capacities' specify?
In capacity planning, what does the 'Number of Required Capacities' specify?
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How does the system utilize the 'Percent' value during activity processing?
How does the system utilize the 'Percent' value during activity processing?
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What are the three processes included in SAP PS?
What are the three processes included in SAP PS?
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What does the 'Calculation Key' in activity management do?
What does the 'Calculation Key' in activity management do?
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Which of the following is NOT part of the milestone function triggering process?
Which of the following is NOT part of the milestone function triggering process?
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Study Notes
SAP Project System (PS)
- SAP PS manages projects, tasks, and timelines, including identifying critical paths, assigning resources, and tracking progress.
- SAP PS provides company-wide project management by handling project phases, from structuring to visualization and supporting implementations and financial management.
- SAP PS coordinates projects across distributed teams by managing effort, duration, and task scheduling and assigning work.
- SAP PS automates project controlling by linking the project structure to finance and controlling accounting to automate cost and revenue reporting within projects.
SAP PS Organizational Structure
- SAP PS has no unique organizational structure.
- It inherits its organizational structures from other SAP Modules.
- SAP PS integrates with Finance and Logistics modules.
- Its productivity comes from the integration of other SAP modules.
SAP PS Master Data
- SAP PS Master data includes unique project characteristics.
- Project types include Customer Projects, Overhead Cost Projects, and Investment Projects.
- A project builder is a SAP tool allowing users to edit projects quickly and efficiently.
WBS Elements
- WBS refers to Work Breakdown Structure.
- Project planning board is a graphical interface for project creation and preparation.
- It is used for termination, coordination of work, checking capacity, and calculating costs.
Project Execution
- Time recordings happen when goods receipt of services is executed.
- Liabilities and costs for planned items using Easy Cost Planning are entered.
- Easy Cost Planning enables cost planning based on amounts and characteristics.
Project Closure or Period Closing
- Period closings are executed in the background.
- Billing rules are required for billing transactions.
- Settlement Types are Direct Settlement and Multi-level Settlement.
Information System
- Evaluation of key performance indicators within a project is done through the information system.
- Report types include Structure-based, Cost-oriented, Item Reports, and Summary Reports.
Milestones
- A milestone is a specific point in a project timeline that represents a significant achievement.
- When the milestone is reached, the actual date is copied into the billing plan.
- Milestones trigger predefined functions, including releasing activities, scheduling, creating hierarchies, and starting workflow tasks.
Word Data in the Activity
- Activity Type: Defines internal processing and a formula key for calculating costs.
- Work: Specifies the planned amount of work involved in the activity, for example, hours or kilowatt-hours.
- Number of Required Capacities: Specifies the capacity needed for the activity, for example, two people or three machines.
- Percent: Specifies the percentage of the work used in the activity.
- Calculation Key: Used to manually or systematically determine data for work, duration, and the number of capacities required.
SAP PS Processes
- SAP PS consists of three main processes: Project Planning, Project Execution, and Project Closure
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Description
This quiz covers the essential aspects of the SAP Project System (PS), including its project management capabilities, organizational structure, and master data. Understand how SAP PS integrates with other modules and automates project controlling. Enhance your knowledge of managing projects, resources, and finance within the SAP environment.