Time management is a critical element in successful project execution and portfolio delivery. In the context of SAP Portfolio and Project Management (SAP PPM), Time Management encompasses the systematic planning, recording, and monitoring of time spent on project tasks and activities. Efficient time management ensures projects stay on schedule, resources are optimally utilized, and accurate cost tracking is possible. SAP PPM provides integrated tools to facilitate time management, enabling organizations to control timelines and improve project performance.
SAP PPM Time Management refers to the processes and functionalities within SAP PPM that allow users to plan, track, and report time associated with project activities. It covers:
This functionality is essential for managing project schedules, payroll, billing, and cost controlling.
SAP PPM offers an integrated time sheet system where project team members can record their working hours against specific project tasks or work packages. This can be done through various interfaces, including:
Project managers can create time plans at different levels—task, work package, or project—to estimate the effort required. These plans serve as benchmarks to compare actual time spent.
Time entries submitted by employees undergo approval processes, ensuring data accuracy and compliance with company policies before being used for billing or payroll.
SAP PPM provides dashboards and reports that show time utilization, deviations from plans, overtime, and cost impact, helping managers make informed decisions.
Recorded time data integrates with SAP ERP financial modules for accurate cost accounting and with resource management for capacity planning and availability tracking.
Time management within SAP Portfolio and Project Management is fundamental to the successful delivery of projects. By enabling detailed time planning, recording, and analysis, SAP PPM helps organizations improve scheduling accuracy, optimize resource usage, and maintain tight control over project costs. As projects become more complex and distributed, leveraging SAP PPM’s time management capabilities is essential to maintaining efficiency and driving project success.