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SAP Portfolio and Project Management

   

Added on  2020-10-22

4 Pages709 Words87 Views
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SAP Portfolio
SAP Portfolio and Project Management_1

1. Ability to use SAPPortfolio and project management is referred as brief and integrated description of thesystem such as finance, human resource, operations and management. It is basically a projectcreated by Portfolio manager and system administrator to estimate the current position ofbusiness which helps in taking steps to overcome challenges and risk. Generally, it is consideredas project life cycle which helps managers to control the activities of business (Kale, 2014).Managers use SAP Portfolio and project management for the development of system andcontrolling the activities of production system. Generally, skilled resources are able to manageand implement SAP implications in BPM. Managers are responsible for creating projects,strategic decisions, monitoring tasks and its completion. Role of project manager includes thefollowing practices:It helps in creating the projects as project management are accountable for the entireprocedure of planning to implementation of strategies.Managers are responsible for scheduling the system and activities that needs to beconducted in projects.They are also responsible for estimating the cost incurred in undertaking the projectionactivities.SAP portfolio is also helpful in taking Approvals and planning the new strategiesaccording to the current status of reports created by project manager (SAP portfolio andbusiness Management, 2018).2. A reflection of values of SAP to business process managementThe research deals with ERP (Enterprise resource planning), and The software is used toperform SAP practices which helps in standardising the business process and it also supports thefunctional operation of organization (Maheshwari, 2017). As a project manager, I have foundthat Use of BPMM (Business process maturity model) have improved the purchasing process ofbusiness and it leads to a great impact on many businesses in order to perform operationalpractices. Being the manager, I have analysed that BPM processes comprise human activities andimplementation of strategies which helps in functional management of business project activities.Following are the SAP values to Business project management.
SAP Portfolio and Project Management_2

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