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can anybody tel me what is project management?

in which module it occurs in sap?

Thanks

Priya

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    author's profile photo Former Member
    Former Member
    Posted on Jan 07, 2008 at 09:51 AM

    Project Management is a seperate module in SAP. SAP PS( Project System ) as well as PS implementation project team members with a comprehensive overview of the functions and customization options of SAP Project System. You maintain control of the entire project lifecycle, from design to planning, and from budgeting to controlling to invoicing and beyond. This unique reference provides concise and straightforward information on the many integration scenarios available for SAP Project System.

    Regards.

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  • author's profile photo Former Member
    Former Member
    Posted on Jan 07, 2008 at 09:56 AM

    hi priya,

    Project Management, technique for matching available resources (time, money, and people) against business project aims (early completion date and final cost).

    Project management is the discipline of organizing and managing resources (e.g. people) in a way that the project is completed within defined scope, quality, time and cost constraints. A project is a temporary and one-time endeavor undertaken to create a unique product or service, which brings about beneficial change or added value. This property of being a temporary and one-time undertaking contrasts with processes, or operations, which are permanent or semi-permanent ongoing functional work to create the same product or service over and over again. The management of these two systems is often very different and requires varying technical skills and philosophy, hence requiring the development of project managements.

    The first challenge of project management is to make sure that a project is delivered within defined constraints. The second, more ambitious challenge is the optimized allocation and integration of inputs needed to meet pre-defined objectives. A project is a carefully defined set of activities that use resources (money, people, materials, energy, space, provisions, communication, etc.) to meet the pre-defined objectives.

    Project management is a carefully planned and organized effort to accomplish a specific (and usually) one-time effort, for example, construct a building or implement a new computer system. Project management includes developing a project plan, which includes defining project goals and objectives, specifying tasks or how goals will be achieved, what resources are need, and associating budgets and timelines for completion. It also includes implementing the project plan, along with careful controls to stay on the "critical path", that is, to ensure the plan is being managed according to plan. Project management usually follows major phases (with various titles for these phases), including feasibility study, project planning, implementation, evaluation and support/maintenance. (Program planning is usually of a broader scope than project planning, but not always.)

    Project management is composed of several different types of activities such as:

    Analysis & design of objectives and events

    Planning the work according to the objectives

    Assessing and controlling risk (or Risk Management)

    Estimating resources

    Allocation of resources

    Organizing the work

    Acquiring human and material resources

    Assigning tasks

    Directing activities

    Controlling project execution

    Tracking and reporting progress (Management information system)

    Analyzing the results based on the facts achieved

    Defining the products of the project

    Forecasting future trends in the project

    Quality Management

    Issues management

    Issue solving

    Defect prevention

    Identifying, managing & controlling changes

    Project closure (and project debrief)

    Communicating to stakeholders

    Increasing/ decreasing a company's workers

    Project objectives

    Project objectives define target status at the end of the project, reaching of which is considered necessary for the achievement of planned benefits. They can be formulated as S.M.A.R.T.

    Specific,

    Measurable (or at least evaluable) achievement,

    Achievable (recently Acceptable is used regularly as well),

    Realistic and

    Time terminated (bounded).

    The evaluation (measurement) occurs at the project closure. However a continuous guard on the project progress should be kept by monitoring and evaluating.

    REWARD IF USEFUL

    thanks and regards

    suma sailaja pvn

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  • author's profile photo Former Member
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    Posted on Jan 07, 2008 at 10:00 AM
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  • author's profile photo Former Member
    Former Member
    Posted on Jan 07, 2008 at 10:04 AM

    hi priya,

    Project management is a carefully planned and organized effort to accomplish a specific (and usually) one-time effort, for example, construct a building or implement a new computer system. Project management includes developing a project plan, which includes defining project goals and objectives, specifying tasks or how goals will be achieved, what resources are need, and associating budgets and timelines for completion. It also includes implementing the project plan, along with careful controls to stay on the "critical path", that is, to ensure the plan is being managed according to plan. Project management usually follows major phases (with various titles for these phases), including feasibility study, project planning, implementation, evaluation and support/maintenance. (Program planning is usually of a broader scope than project planning, but not always.

    refer to the following link

    http://www.change-management-toolbook.com/?tabid=490

    reward points if helpful.

    shylaja

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  • author's profile photo Former Member
    Former Member
    Posted on Jan 07, 2008 at 10:07 AM

    hi priya,

    I GUESS PROJECT MANAGEMENT COMES UNDER _PROJECT SYSTEM_ MODULE OF SAP

    REWARD IF USEFUL

    thanks and regards

    suma sailaja pvn

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  • author's profile photo Former Member
    Former Member
    Posted on Jan 07, 2008 at 11:05 AM

    hi priya,

    refer the site for the module to which this belongs

    http://www.thespot4sap.com/Articles/SAP_Modules.asp

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