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Project Systems

The document outlines the characteristics and structure of projects, emphasizing their defined goals and limited duration. It details the functionalities provided by Project Systems, including project structuring, time scheduling, cost planning, and reporting. Additionally, it explains the Work Breakdown Structure (WBS) as a hierarchical model that organizes project tasks and facilitates planning and coordination.

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Shreyosee Goswami
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16 views7 pages

Project Systems

The document outlines the characteristics and structure of projects, emphasizing their defined goals and limited duration. It details the functionalities provided by Project Systems, including project structuring, time scheduling, cost planning, and reporting. Additionally, it explains the Work Breakdown Structure (WBS) as a hierarchical model that organizes project tasks and facilitates planning and coordination.

Uploaded by

Shreyosee Goswami
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
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Project System

What is a project PS Integration

Projects are tasks with special charachteristics


They have precise goals
Limited Duration
Operations
Part of Internal Process

Project is structured
- How it is organised
- Process Involved

Project Systems provide 2


PS Offers Large Panel of Functionalities 1
2
- Project Structuring
- Time Scheduling
- Cost and Revenue Planning
- Budgeting
- Procurement of Materials and services
- Confirmation of project Activities
- Billing
- Project Progress Analysis
- Period End Closing
- Reporting
S Integration

roject Systems provide 2 basic structures


WBS
Networks
The list below provides some important fucntionalities available when using a Work Breakdown struct

- Cost Planning
- Account Assignment of Documents
- Revenue Planning
- Invoicing
- Budgeting
- Material Stock Management
- Period end closing Activities
-Reporting

The work Breakdown Structure is a model of the project that organises project ta
- Further planning steps in a project
- Clear picture of the project and facilitates the coordination
- Shows the work involved
- Split project into manageable units
- Divides project step by step into structure elements

Construction of House

Work 100%
Budget $215,500
a Work Breakdown structure

at organises project task into a hierarchy


Phase Based WBS

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