Project Control - Research and Development Projects (35E)

Project Control - Research and Development Projects (35E)

This scenario describes a project where the research and development activities related to the design of a new product are managed. Therefore, it supports the product development process by managing the related project costs, milestones, budgets, and approvals. After releasing all or part of the project, the project is executed and project-related purchasing can be performed. Through the integration with SAP Intelligent Product Design, you can leverage advanced collaboration scenarios for project execution. Period-end closing activities such as overhead application or settlement can then be executed.

Key Process Steps Covered

  • Predict and capture project costs
  • Assign project budget
  • Approve milestones
  • Collaborate on product design
  • Perform time recording, requisitioning, and posting of general journal entries
  • Monitor project
  • Allocate overheads
  • Complete and close the project

Benefits

  • Capture planned project costs and allocate budget
  • Leverage machine learning for project costs forecast
  • Assign accounts to documents in financials and procurement or external applications to capture actual costs
  • Monitor project-related purchase requisitions and purchase orders
  • Receive live insight into project costs by comparing plan and actual costs as well as commitments
  • Integrate to Product Lifecycle Management objects for product engineering

Where is Project Control - Research and Development Projects(35E) being used?

This Scope item is used in the following way:

  • As a support function of Enterprise Portfolio and Project Management within R&D/Engineering Scope Item Group

Process flow of Project Control - Research and Development Projects (35E)

Find below the process flow of the scope item Project Control - Research and Development Projects as it is defined for release s4hc-2111.


Download Process Flow of Best Practice scenario Project Control - Research and Development Projects (35E) - S/4HANA Cloud
Ref: R&D/Engineering of SAP S4HC-2111
Best Practices related to S/4HANA*1) Yearly Updates are released per September of each year
*2) The Quarterly updates are released per Februari, May, August and November
Details of future releases can be found in the SAP Roadmap section of each product. Go to SAP Roadmap Product Finder.
Knowledge Center Scheer Nederland | The Process Experts Visit also the SAP Cloud ERP knowledge center of Scheer Netherlands. The following topics are covered:
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