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SAP AG today announced the global availability of the SAP® Commercial Project Management application.

SAP Commercial ProjectManagement addresses the requirements of the Lead-to-Cash scenario for project business. Extending the capabilities of the SAP Business Suite, the solution allows an end-to-end coverage of the commercial project management process (selling, planning and executing a project).

The SAP solution seamlessly gathers all project-related data and processes into a single system. The user-friendly workspace gives customers a  comprehensive overview of the entire value chain, and provides flexible central command and control. Powerful planning functions make composing both the overall project flow and individual contributions simple.

SAP Commercial Project Management seamlessly connects the entire backend– like financial or personnel systems – with frontend applications such as MS
Excel, so customers can easily plan and forecast project costs and revenues.

This end-to-end integration means that project leads can minutely and fully track project-related issues and ensure consistent change management. It allows project managers to jump from financial planning and control, to managing critical issues or  sudden changes. 

With complete, accurate and up-to-date project transparency, it is easy to scale the business, ensure consistent processes and increase profitability.

Key features of SAP Commercial Project Management:

Project Workspace : Gain real-time access to accurate data across project-related objects and applications, using a flexible environment that is tailored to the needs of project professionals.

Project Cost and Revenue Planning : Estimate, plan, and forecast quantities, costs, and revenues throughout the project lifecycle.

Project Issue and Change Management : Manage and monitor project-related issues, change requests, and their financial impact. Track and manage issues and change requests systematically.

Find out  more about SAP Commercial Project Management and visit our website: www.sap.com/commercial-project-management

Watch the 2-minute  overview video:

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7 Comments

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  1. Lawrence Miranda

    Hi Nadine,

    Very interesting!  This is the first time I’ve heard of CPM myself, and it’s rather intriguing to see SAP release yet another project management solution.

    I’m curious, and I will have to read up a little more – what’s the realignment strategy for CPM juxtaposed to PS and PPM?  I’ve been hearing more and more of the rhetoric that PPM for Project Management is being marketed as a “light” and more IT-focused project management solution compared to PS.  But what about CPM?

    I certainly can appreciate the UI and mobile benefits that CPM offers, and am very interested in its Risk/Issue and Change Management capability  (a very clear gap in both PS and PPM today).  But other than those two, does it offer anything uniquely different from PS and/or PPM for Project Execution?

    Thanks,

    Lawrence

    (0) 
    1. Martin Effenberger

      Hi Lawrence,

      CPM is not a 3rd project management application by SAP besides ERP PS and PPM. Rather CPM extends the existing capabilites of these applications. There is an out-of-the box integration available and CPM can be used with different solution architectures, e.g:

      • CPM with ERP PS
      • CPM with PPM and ERP PS
      • CPM with ERP SD only

      With release 1 CPM contains the following main functionalities:

      • Project Workspace
      • Project Cost and Revenue Planning
      • Project Issue and Change Management

      More details can be found under: http://www.sap.com/commercial-project-management

      Best regards

      Martin

      (0) 
  2. Ravi Ekambaram

    Hi Nadine Huelsen

    Thanks for sharing information about CPM.

    Having questions in similar line to Lawrence Miranda…

    Appreciate lot of new features are brought in CPM like issue/change management, inbuilt analytics etc.,  But when we have already 2 project management solutions (SAP PS & PPM) in market, why this CPM?

    Is this CPM targeted for a different set of audience / industry?

    Regards,

    Ravi

    (0) 
    1. Martin Effenberger

      Hi Ravi,

      CPM is not a 3rd project management application by SAP besides ERP PS and PPM. Rather CPM extends the existing capabilites of these applications. There is an out-of-the box integration available and CPM can be used with different solution architectures, e.g:

      • CPM with ERP PS
      • CPM with PPM and ERP PS
      • CPM with ERP SD only

      CPM addresses in particular the needs of companies that sell projects or knowledge based services to their customers, e.g. in industries like Professional Services (consulting, audit, tax, etc), Engineering Construction & Operations but also Industrial Machinery & Components, High Tech etc.

      There is also a high relevance of CPM for companies that need to manage large capital investment projects, in industries like Oil&Gas, Utilities, Mining etc.

      You can find some more details on CPM under: SAP Commercial Project Management

      Best regards

      Martin

      (0) 
      1. Ravi Ekambaram

        Hi Martin,

        Thanks for your reply.

        May be I need to explore more on this.. will try to attend the training planned in Bangalore.

        Thanks.

        With warm regards,

        Ravi

        (0) 

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