101
FOUNDATIONUnderstand the business lifecycle

PS 101 · PROCESS OVERVIEW

What is Project System?

Structure, schedule, execute, and financially control temporary work across capital, customer, internal, maintenance, and manufacturing scenarios.

PS is a reusable SAP capability rather than one business process. Its structures can support B2A, Engineer to Order, customer projects, shutdowns, internal initiatives, R&D, and other project-driven operating models.

Project System lifecycle

Read left to right

InitiateStructurePlanExecute and controlSettle and close

How the lifecycle works

  1. 01

    Initiate — Governed mandate

    Define the temporary objective, sponsor, responsibility, dates, and intended financial outcome.

    Outcome Governed mandate

  2. 02

    Structure — Shared delivery model

    Break work into WBS elements and, where useful, networks, activities, relationships, milestones, and components.

    Outcome Shared delivery model

  3. 03

    Plan — Approved baseline

    Plan dates, resources, cost, revenue, procurement, funding, capacity, and risks.

    Outcome Approved baseline

  4. 04

    Execute and control — Explainable performance

    Release, procure, confirm, post, measure progress, compare plan with actuals, and manage change.

    Outcome Explainable performance

  5. 05

    Settle and close — Closed project

    Perform period-end accounting, settlement or revenue recognition, complete deliverables, and preserve evidence.

    Outcome Closed project

BOUNDARY

What this stream owns

PS is a reusable SAP capability rather than one business process. Its structures can support B2A, Engineer to Order, customer projects, shutdowns, internal initiatives, R&D, and other project-driven operating models.

Business outcome

Structure, schedule, execute, and financially control temporary work across capital, customer, internal, maintenance, and manufacturing scenarios.

SAP contribution

Structures, documents, statuses, planning, postings, workflows, and integration make the lifecycle controlled and traceable.

Not one rigid design

Later levels compare alternatives before configuration choices become standards.

CONTINUE THE PATHContinue to PS 202

Move into reusable structures, controls, documents, and financial mechanics.

Open capabilities