SAP PS in S/4HANA: Key Enhancements and Best Practices

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    Training Mode: Online

    Description

    Introduction

    SAP Project System (SAP PS) has been a critical component for project-driven organizations, enabling structured planning, execution, and financial tracking. With the transition to SAP S/4HANA, SAP PS has undergone significant enhancements, improving performance, integration capabilities, and user experience. These updates streamline project management processes, enhance real-time reporting, and enable better decision-making through Fiori-based applications and embedded analytics.

    This course is designed for SAP consultants, project managers, and IT professionals looking to understand the key improvements in SAP PS on S/4HANA and adopt best practices for implementation and optimization.

    Prerequisites

    • Basic knowledge of SAP PS functionalities.

    • Familiarity with project management concepts.

    • Understanding of SAP S/4HANA architecture is beneficial but not required.

    Table of Contents

    1. Overview of SAP PS in S/4HANA

    1.1 Evolution of SAP PS: From ECC to S/4HANA
    1.2 Key Enhancements in SAP PS on S/4HANA
    1.3 Simplified Data Models and Improved Performance
    1.4 Business Benefits of Upgrading to SAP PS in S/4HANA

    2. SAP PS Technical Architecture in S/4HANA

    2.1 Changes in Data Structures and Tables
    2.2 Integration with Other S/4HANA Modules (FI, CO, MM, SD)
    2.3 Impact of Universal Journal (ACDOCA) on SAP PS Financials
    2.4 Migration Considerations from SAP ECC to S/4HANA

    3. Configuration and Setup of SAP PS in S/4HANA

    3.1 Initial System Setup and Master Data Management
    3.2 Configuring Work Breakdown Structures (WBS) and Networks
    3.3 Simplified Resource Planning and Cost Management
    3.4 Key Customization Options for SAP PS in S/4HANA

    4. Financial Management and Reporting in SAP PS

    4.1 Budgeting and Cost Control in S/4HANA
    4.2 Enhancements in Financial Reporting and Analytics
    4.3 Real-Time Cost Analysis with Universal Journal
    4.4 Integration with SAP FICO for Project Financials

    5. Advanced Project Planning and Execution

    5.1 Project Scheduling and Resource Allocation
    5.2 Improved Procurement and Material Management
    5.3 Risk and Issue Management in SAP PS
    5.4 Automating Workflows and Approvals with Fiori

    6. SAP Fiori and Embedded Analytics for SAP PS

    6.1 Introduction to Fiori Apps for SAP PS
    6.2 Real-Time Project Dashboards and KPIs
    6.3 Enhancing Decision-Making with Predictive Analytics
    6.4 Customizing Fiori Applications for Project Management

    7. Integration with SAP PPM and Other Modules

    7.1 Aligning SAP PS with SAP Portfolio and Project Management (PPM)
    7.2 Connecting SAP PS with Procurement and Supply Chain
    7.3 Leveraging SAP S/4HANA Embedded Analytics for Cross-Module Insights
    7.4 Best Practices for Managing Large-Scale Project Portfolios

    8. Migration Strategies and Best Practices

    8.1 Preparing for SAP PS Migration to S/4HANA
    8.2 Data Cleansing and Master Data Optimization
    8.3 Common Challenges and How to Overcome Them
    8.4 Ensuring a Smooth Transition with Minimal Downtime

    9. Case Studies and Real-World Applications

    9.1 Success Stories of SAP PS Implementation in S/4HANA
    9.2 Lessons Learned from Large-Scale Deployments
    9.3 Industry-Specific Use Cases (Manufacturing, Construction, Energy)
    9.4 Continuous Improvement Strategies for SAP PS

    Conclusion

    SAP PS in S/4HANA brings numerous enhancements that simplify project management, improve financial tracking, and offer real-time insights for better decision-making. The integration with Fiori, Universal Journal, and SAP PPM makes it a powerful tool for modern enterprises.

    This course equips participants with the knowledge and skills needed to leverage SAP PS in S/4HANA effectively. By understanding the latest enhancements, best practices, and implementation strategies, professionals can optimize project operations, enhance reporting capabilities, and drive overall business success.

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