Welcome to the SAP Project System (PS)

Wiki Space.
Introduction
As per SAP Library Glossary, Project System is a component of the SAP system that
you use to plan, execute, and account for projects as part of your business processes.
So, Project System is project-based structure with life cycle. In other words, it is time
bound repository of project structures which can track planning, collection,
and generates costs and revenue.
What is a Project?
As per SAP help, Projects are generally complex, unique, having a high degree of
risk, having precise goals, are limited in duration, are cost and capacity intensive, are
subject to quality control and strategic importance to the company carrying out
project.

Integration
It is one of the SAP modules which integrates closely with most of the other SAP
modules, namely, Sales and Distribution (SD), After Market or Customer Service
(CS), Material Management (MM), Human Resources (HR), Finance (FI), Controlling
(CO), Investment Management (IM), Production Planning (PP), Plant Maintenance
(PM), Document Management System (DMS), Portfolio & Project Management
(PPM).

SAP
Module
Interaction Points with PS
SD Milestone billing & Revenues from projects
MM
Purchasing: Purchase order, goods receipt for materials & services
Inventory Management: Goods issue for reservations
PP
Production orders - Independent requirements (reservations) generated from
project systems
FI Down payments, payments, settlement to assets
CO Internal activity allocation, internal orders, settlement
HR Entry of work for persons, posting as activity confirmation
DMS
For Document Info Record (DIR) attachment to WBS element and Network
activity
CS/PM Service order
IM CAPEX projects / Investment projects

Features
Project Structure Elements
Budgeting
Cost Planning
Resource Planning
Time & Capacity Planning
Execution/Action
Period-end Activities