Project Management - Controlling

Goals

• Understand and analyze accounting processes for managing costs and revenues in projects.
• Plan, Control, and realize work breakdown structures and networks from a controlling perspective.
• Integrate budgeting sales & distribution with projects
• Apply controlling concepts based on a capital project and a customer revenue based project.

Audience

• Project team members responsible for managing projects.
• Project team members responsible for the installation and support of project management.
• Consultants
• Project accountants.

Prerequisites

• PLM200 Business Processes in Project Management
• PLM210 Project Management Structures
• Basic business knowledge of financial accounting and logistics.

• AC010 Business Processes in Financial Accounting.
• AC040 Business Processes in Management Accounting

Course based on software release

• ERP 6.0 with Enhancement Package 5

Content

• Cost planning, structure planning, detailed planning, easy cost planning, network cost calculation, materials cost planning, and using cost to generate quotations.
• Revenue planning – structure planning, billing plan, integration with sales & distribution
• Budgeting – cost projects, investment projects, budget availability controls
• Commitment management.
• Project stock (valuated/non-valuated)
• Actual costs – confirmation, CATS, purchasing, execution services
• Actual revenues – resource-based billing, milestone billing
• Period end closing – overhead rates, progress analysis, cost forecast, results analysis and settlement of projects.

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