SAP Project Management software provides the flexibility and support needed to optimize enterprise portfolio and project management processes and support key integrations with other SAP modules.

Read on to learn how SAP Portfolio and Project Management can help you make the most out of your SAP system and ensure success for any project.

What is SAP Portfolio and Project Management?

The SAP S/4HANA Portfolio and Project Management tool helps companies plan, manage, prioritize, execute, and analyze company-wide projects throughout the entire project lifecycle, including the forecasting, pre-planning, execution, and closure stages.

By leveraging SAP Portfolio and Project Management (PPM) and its key capabilities, companies are able to optimize portfolio management and control, promote collaboration between project teams, and maximize project management efficiency throughout their entire enterprise.

SAP PPM enables companies to:

  • Use advanced analytics, KPIs, and metrics visualization to reduce project risks
  • Increase profitability with more efficient and effective project management templates
  • Automate tasks, streamline workflows, and reallocate resources from inactive projects to reduce total project costs
  • Access real-time data to keep projects on time and within budget
  • Choose projects with higher ROI by leveraging improved data transparency

Key Components of SAP PPM

SAP Portfolio and Project Management is comprised of four main modules that help manage resources, promote coordination among project teams, keep track of project processes and timelines, and more.

Here are the main components of SAP PPM, as well as how they can help your organization:

SAP Project Management

The SAP Project Management module provides tools that help companies outline project plans, identify necessary project resources, oversee project phases, and track progress to keep projects on time.

SAP also offers a project management tool, SAP Project System (SAP PS), to provide additional support for all project phases and help users navigate complex integrations with other modules throughout the total SAP ERP system.

SAP’s Project Management module gives users the opportunity to:

  • Support company-wide projects
  • Automate project controlling
  • Promote collaboration among teams
  • Track task progress and project timelines more accurately

SAP Commercial Project Management

SAP Commercial Project Management provides solutions that help companies meet core business requirements and handle end-to-end business processes more effectively, including planning, selling, executing, controlling, and monitoring of projects.

This module is made up of two main components – Project Workspace and Project Cost and Revenue Planning – which provide an easy-to-use, role-based interface that enables users to manage their financial and non-financial data more effectively

With SAP Commercial Project Management, companies can:

  • Improve project planning and costing
  • Reduce project risks
  • Manage change more efficiently
  • Enhance contract and project management capabilities
  • Keep better track of work in progress (WIP), billing, and receivables

SAP Portfolio Management

The SAP Portfolio Management solution offers traditional portfolio management tools that give users the opportunity to collectively manage and analyze project portfolios and project investments in the same place.

With SAP Portfolio Management capabilities, project teams are able to generate project proposals more efficiently, organize them in order of priority, and track progress as each task is completed.

SAP Portfolio Management allows users to:

  • Gain better portfolio insights
  • Keep project on time and within budget
  • Maximize total project investment
  • Build schedules for performance control
  • Align enterprise portfolio with overall business strategy

SAP Resource Management

SAP Resource Management provides advanced capabilities that allow project teams to keep better track of used and unused resources throughout the entire project lifecycle. With the Resource Management module, companies can identify necessary resources more accurately, manage resource utilization throughout the project, and optimize workflows by reducing project bottlenecks.

With the SAP Resource Management module, users are able to:

  • Identify the right resources
  • Monitor resource availability
  • Ensure optimal resource allocation
  • Manage resource utilization through the entire project

Getting Started With Us

Whether you need help implementing a new SAP Project Management module, integrating key components of SAP Project System with other SAP modules and external applications, managing everyday operations in your project management office, or anything in between, Surety Systems is here to help.

Our team of senior-level SAP consultants has the functional experience, skills, and technical expertise to get the job done, regardless of the scope or scale of your project. And, to give you a better idea of what to expect when partnering with us, we’ve included a sample profile of one of our top-notch SAP Project Managers:

Surety Senior SAP Project Management Consultant

  • US Citizen
  • 30+ years of cumulative SAP experience; 25 years as an SAP Project Manager
  • Project Manager for 15+ Full Implementations/Rollouts of SAP (Pre-planning, Blueprinting, Development, Go-Live, Post Production Support)
  • Extensive project work tied to SAP Upgrades and Migrations
  • Functionally sound in core SAP modules (FICO, MM, PP, SD, & HCM)
  • Former Project Manager for SAP America; Comfortable leading teams of all sizes

Contact us today to learn more about our SAP Project Management consulting services or get started with one of our experts.