Introduction

Managing project performance effectively is crucial for ensuring cost efficiency and timely delivery. Earned Value Management (EVM) is a widely used technique that integrates cost, schedule, and scope management to measure project performance. SAP Project System (SAP PS) provides powerful tools for implementing EVM, allowing project managers to track progress, compare planned vs. actual performance, and forecast project outcomes.

This course covers the integration of EVM principles within SAP PS, helping professionals leverage SAP’s capabilities to enhance cost control, improve forecasting accuracy, and drive better decision-making in project management.

Prerequisites

• Basic knowledge of SAP PS and project management concepts.

• Understanding of cost planning and scheduling in SAP.

• Familiarity with financial controlling and reporting in SAP.

Table of Contents

1. Introduction to Earned Value Management (EVM) in SAP PS

1.1 Overview of Earned Value Management (EVM)
1.2 Importance of EVM in Project Performance Monitoring
1.3 Key Metrics in EVM: PV, EV, AC, CPI, SPI, EAC, ETC
1.4 SAP PS Capabilities for EVM

2. Setting Up EVM in SAP PS

2.1 Defining Work Breakdown Structure (WBS) for EVM
2.2 Establishing Baselines for Scope, Schedule, and Cost
2.3 Assigning Budgets and Cost Elements to WBS
2.4 Integrating EVM with Network Activities and Milestones

3. Measuring Project Performance with EVM Metrics

3.1 Planned Value (PV) and Budgeted Cost of Work Scheduled (BCWS)
3.2 Earned Value (EV) and Budgeted Cost of Work Performed (BCWP)
3.3 Actual Cost (AC) and Actual Cost of Work Performed (ACWP)
3.4 Calculating Cost Performance Index (CPI) and Schedule Performance Index (SPI)

4. Variance Analysis and Forecasting in SAP PS

4.1 Identifying Cost and Schedule Variances
4.2 Forecasting Cost at Completion (EAC) and Estimate to Complete (ETC)
4.3 Using Trend Analysis for Early Risk Detection
4.4 Analyzing Performance Data with SAP Reports

5. EVM Reporting and Visualization in SAP PS

5.1 Standard EVM Reports in SAP PS
5.2 Customizing Dashboards for EVM Tracking
5.3 Using SAP Business Intelligence (BI) for Advanced Reporting
5.4 Best Practices for Communicating EVM Insights

6. Advanced EVM Techniques and Automation

6.1 Automating EVM Calculations in SAP PS
6.2 Integrating SAP PS with SAP CO and SAP BW for EVM Analysis
6.3 Leveraging Machine Learning for Predictive Project Performance
6.4 Implementing EVM in Large-Scale Projects

7. Best Practices and Case Studies

7.1 Common Pitfalls in EVM Implementation and How to Avoid Them
7.2 Best Practices for Effective EVM Execution in SAP PS
7.3 Case Studies: Successful EVM Adoption in Organizations
7.4 Future Trends in EVM and Digital Project Management

Conclusion

Integrating Earned Value Management (EVM) with SAP PS enhances project visibility, improves decision-making, and ensures cost-efficient project execution. By leveraging EVM techniques, project managers can proactively monitor project health, mitigate risks, and optimize resource utilization.

This course equips professionals with the knowledge and tools needed to implement and utilize EVM effectively within SAP PS, leading to improved project control and successful outcomes.