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PLM230: Project Management Accounting

mySAP Product Lifecycle Management (PLM)

Project Management

Course Description

Objectives:

• Understand the accounting processes for managing customer-oriented projects using project system networks and WBS (Work Breakdown Structures). Participants learn how to plan, manage, and implement WBS-controlled project accounting from a controlling perspective. They will become familiar with budgeting and investment management, using cost and investment projects as an example. In the course, participants gain an overview of network calculation.

Content:

• Planned Costs
  - WBS element Cost Planning
  - Hierarchical Planning
  - Detail Planning
  - Easy Cost Planning
  - Network Cost Planning
  - Planning Costs Via Assigned Orders
  - Configuration settings for cost planning
  - Special topics Planned Revenue
  - Overview of Planned Revenue
  - Sales Document Account Assignment
  - Sales Pricing (quotation based on project costs) Budgeting
  - Budgeting functions in Project Systems Materials
  - Component Planning including collective stock versus project stock
  - Stock procurement process (purchasing versus production) Actual Costs
  - Actual cost including Network confirmations, Cross Application Time sheets, and Execution services for Easy Cost planning Actual Revenue
  - Billing methods and control
  - Resource-Related billing
  - Milestone billing Period-End Closing:
  - Overhead Calculation
  - Activity Based Costing and Template Allocation
  - Progress Analysis
  - Results Analysis
  - Settlement

Course Schedule

Online / Client site.