By taking a holistic
approach to PLM
and aligning product
plans with the overall
corporate strategy, a
company will be
better positioned to
strengthen its products
and protect its brand.
FIGURE 1 Q SAP software for
idea management connects
with SAP Stream Work; users can
collaborate around ideas and
evaluate and vote on pros and
cons, for example
With an integrated portfolio and project management solution, you can standardize and improve
your project management activities — ultimately
reducing administrative overhead.
SAP Portfolio and Project Management 5.0
Links Ideas with Business Processes
SAP Portfolio and Project Management 5.0 offers
a wide range of functions for planning, executing,
and controlling portfolio and project management processes. The application enables you to
define and display many types of portfolios. Plus,
it gives you a full, consistent overview of the
entire product life cycle. Let’s look at the capabilities available with this solution.
Portfolio management functionality allows
you to exercise optimal control over all of your
projects, processes, products, and services. By
integrating data from project management,
HR, and financial applications, you gain an
up-to-date overview of resource availability.
Resource management functionality enables
you to use available time and money efficiently
and assign staff to suitable initiatives according
to their qualifications and your strategic needs.
Project management functionality lets you
plan, implement, control, and track project
processes. It also supports structuring, scheduling, and visualization, as well as operational
and financial planning and execution.
Sophisticated graphical analysis and flexible
dashboard interfaces help you manage all
portfolio and project activities. You can easily
view project statuses and comparisons of
planned budgets and deadlines with actual outcomes. There are also intuitive dashboards for
employee planning and cost and risk analysis.
SAP Enterprise Project Connection Puts
Information into Context
Information residing in disparate application
data stores is of limited value until it has context.
SAP Enterprise Project Connection enables you to
integrate project systems and consolidate existing
project data in your enterprise; project information can be exchanged — in context — between
project and portfolio management applications.
What’s more, optimized synchronization of
project information ensures that it is timely,
accurate, and complete. SAP Enterprise Project
Connection transforms Primavera P6 scheduling
data into valuable information that is orchestrated with the overarching information managed
by SAP ERP and SAP Portfolio and Project
Management. The solution also:
Shortens implementation time. The solution
includes out-of-the-box connectors and prebuilt, best-practice data mappings, workflows,
and business process templates, reducing integration project timelines from months to days.
Offers a flexible architecture. Built on service-oriented architecture principles and leveraging
comprehensive information models, the solution provides a flexible framework on which to
configure integration requirements, eliminating costly customizations for routine changes.
Increases business process agility. The solution lets you incorporate, enforce, and change
business processes without custom coding.
3. Achieve Design Excellence
Engineering groups use PLM solutions to manage
change, insert drawings, and administer versioning and plotting. As product life cycles grow
shorter and margins become smaller, engineering
must also collaborate with the supply chain,
factory floor, and quality and service groups to
keep costs down. Collaboration with internal and
external engineers across the globe is essential to
optimizing product development. At the same
time, companies need to maintain secure access
control to protect sensitive data.
Jul n Aug n Sep 2011 | sapinsider.wispubs.com | © 2011 Wellesley Information Services.
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