SAP Portfolio and Project Management | SAP PPM
SAP Portfolio and Project Management (SAP PPM) is the module used to plan, prioritise and analyse investment initiatives. The initiatives become projects upon their approval. Projects are created in SAP ECC or S4 HANA within the SAP Project System (SAP PS) module to control execution of these initiatives. The Portfolio Management solution integrates information from existing project management, human resources and financial systems to provide an overview of the project portfolio with easy drill-down to details for portfolio managers, project managers, and resource managers. This enables innovative and collaborative, cross-functional business processes.
Portfolio Management: Addresses the strategic aspects of portfolio management, monitoring initiatives and existing project status.
Project System: Addresses the management of currently approved initiatives (projects).
Integrated Portfolio and Project Management provide a 360-degree overview of your company program and project activities for many years ahead.
SAP Project System PS | SAP PS
SAP Project System (PS) is the module within SAP that handles the full cycle of planning, controlling and execution of projects.
It is the most integrated SAP module and is seamlessly connected in real-time to a range of ps module and other modules in the SAP environment including:
Finance and Controlling
Finance and Controlling
Materials Management and Procurement
Materials Management and Procurement
Human Resources
Human Resources
Capacity and Resource Planning
Capacity and Resource Planning
Production Planning
Production Planning
Plant Maintenance, Customer Service
Plant Maintenance, Customer Service
Sales and Customer Management
Sales and Customer Management
Despite its integration, SAP PS still does not allow for seamless and complete project management sap across a single platform.
SAP PS lacks important functionalities, making it it impossible to perform estimation, cost and revenue forecasting, progress, variation management and produce complex comprehensive project reports within the system.
As a result, you do not have full financial control of your project lifecycle in SAP PS. Project managers are therefore forced to use Excel spreadsheets and other third-party tools to carry out these functions. This undermines information transparency, data integrity and makes the entire process very inefficient.
That’s why we developed Noveco – an incredibly elegant yet simple and powerful solution.
SAP Project System Enhanced with Noveco
SAP Project System enhanced with Noveco gives you complete financial control over your projects directly in SAP ECC and S4 HANA.
With SAP PS and Noveco you can:
- Create project structure using WBS hierarchy and Network Activities
- Create estimates and transfer cost and revenue to project to generate cost and revenue plans automarically
- Allocate required resources
- Define start and finish dates of project activities
- Run procurement of services and materials
- Allocate actual costs and revenue to project WBS, Network Activities, Maintenance and Production orders
- Perform Cost, Revenue and Profit Forecasting
- Progress Analysis
- Manage project variations
- Risk Analysis
- Cash Flow Forecast and Reporting
- Monitor KPI in tabular and Graphical format
- Run comprehensive project reports
One of the important functions of SAP PS is to manage all stages of project delivery from planning to execution and closure.
When projects in SAP PS are linked to Portfolio items in PPM it creates an integrated platform to manage Portfolio and Projects within the SAP system.
Built Inside SAP
Directly Into SAP ECC Or S4 HANA-No Interfaces, No Middle, Always Real-time
Our Customers
Noveco is a suite of software programs developed with extensive
industry experience and deep knowledge of SAP functionality
