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Former Member

Project System VS IM-PS

Dear All

can anyone explain in which business procees why & where we go for IM with an example & also what was benifits if we go for IM-PS over we use only PS. as per my knowledge IM was use Capital investments, such as the acquisition of fixed assets as the result of-house production or purchase, Investments in research and development, Projects that fall primarily under overhead, such as continuing education of employees or establishing new markets.

Regards

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1 Answer

  • Best Answer
    Aug 17, 2009 at 04:35 AM

    As you have poinnted out rightly one use is for hte asset actuisition . But aling with asset acquitison, Normally you plan estimated cost for that budget via dummy project or previous project experience. This project cost plant can roll up at the IM postion level. Than based on it you can give budget at IM level & distribute that budget at Project ( measure )level.

    In this is IM - PS helps to organization level & Project cost planning & Budgeting for hte acquision of Asset.

    With Regards

    Nitin P.

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