Home
 > Research and Reports > TEC Blog > SAP Delivers Commercial Project Management Solution

SAP Delivers Commercial Project Management Solution

Written By: Predrag Jakovljevic
Published On: February 10 2014

While a high percentage of project profitability is determined at the bid stage, around half of all projects are not delivered to plan, according to SAP. In fact, on average 20 percent of project value is at risk. To help customer combat this challenge, SAP has launched SAP Commercial Project Management application, which brings front- and back-end project information transparency into one integrated system. The solution makes available to project managers, administrators, and executives one cohesive view into all project aspects to help enhance project control.
 
Leveraging the existing capabilities of SAP Business Suite software, the solution offers coverage of the holistic lead-to-cash scenario for projects, from selling a project through planning and delivery. According to recent performance benchmarking from SAP, more than 70 percent of companies have only limited capability to track project risks. SAP Commercial Project Management helps manage project value. It enables the creation of optimal bids by leveraging information from past projects and from best practices. Moreover, it supports stringent issue and change management processes in professional services, engineering, construction and operations, and other project-based industries.
 
SAP Commercial Project Management is an extension to SAP Business Suite and contains three packages: project workspace, project cost and revenue planning, and project issue and change management. It complements the existing functions in SAP ERP Project System and SAP PPM Project Management. SAP Commercial Project Management is not a third project management application but provides functions on top of ERP Project System and PPM Project Management, such as cost and revenue planning and issue and change management. The focus of the solution is to provide a usable and flexible application so that front-office users like project managers, engagement managers, and project directors will directly interact with the system.
 
SAP Commercial Project Management runs on the SAP HANA platform, is mobile-enabled, and can be used by companies selling and delivering projects to customers as well as those running internal projects. Additional mobile apps are also made available by partners—e.g., SAP partner Mindtree offers mInspect, a mobile app that supports the issue management component of SAP Commercial Project Management, and mWorkspace, a mobile app that provides key information to project managers.
 
Having been involved in (or at least informed about) many services projects, I don't think software is the real issue. If projects have small teams of experienced people, agile managers seem to continually fix the risks and are pretty close to “on time.” But, as companies have leaned out their organizations, they have lost lots of institutional knowledge and project staffing elasticity. As projects get broader and each department is challenged by lost institutional knowledge or the lack of experienced bodies, the risk becomes logarithmically compounded. Many companies have experts in risk and project management, and with the use of software such as this by SAP (or by Deltek, Oracle, etc.) they can detail risk and status. But they will have very limited ability to effect change if they cannot avail themselves of the proper human capital.
 
comments powered by Disqus

Recent Searches
Others A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

©2014 Technology Evaluation Centers Inc. All rights reserved.