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53 Cards in this Set

  • Front
  • Back
1. What are the characteristics of projects? (6)
1. They are usually complex, unique, and involve a high degree of risk.
2. They have precise targets that are agreed on between the contractor and the sold-to party.
3. They are limited in duration and are cost and capacity intensive.
4. Several departments are involved in a project.
5. They are subject to specific quality requirements.
6. They are of mostly strategic significance for the business carrying them out.
2. What are the phases in projects? (6)
1. Concept
2. Rough-Cut Planning
3. Detailed Planning
4. Approval
5. Execution
6. Closing
3. What are the elements of a project? (4)
1. WBS contains the (cost) elements (accounts)
2. Planning: Plan costs manually
3. Account Assignment: Post actual costs
4. Billing: Post Revenue
4. A _______________________ is a model of a project, and shows the project activities to be fulfilled in hierarchical form.
1. WBS
5. What are the six functions of WBSs?
1. Dates
2. Costs/revenues
3. Budget
4. Commitment
5. Payment data
6. Periodic Processing
6. You can use the Project Builder to maintain what nine things?
1. WBS element
2. Project Definition
3. Activities
4. Activity elements
5. PS texts
6. Document
7. Milestones
8. Relationships
9. Material Components
7. The ___________ in a project describe the various steps and work involved in the projects.
1. Activities
8. What is the difference between a WBS and an activity? (2)
1. WBS: Is a model of a project, and shows the project activities to be fulfilled in hierarchical form.
2. Activities: Show the flow of a project or of activities involved in a project. The individual tasks are linked to each other, and grouped together to form what are known as networks.
9. What are the operative indicators?
1. You use these to define the characteristics of a WBS element.
10. What are the three Operative Indicators?
1. Planning: Plan costs manually
2. Account Assignment: Post actual costs
3. Billing: Post revenues
11. What does the statistical marker do?
1. It specifies whether a WBS element is used only for statistical purposes, or whether it works with real costs.
12. What are ways of editing a project with the project builder? (3)
1. You can use Detail Screens
2. Lists
3. Graphics
13. T/F – The Graphical Tools in the project builder can only be used to edit the hierarchical or network structures of a project.
1. False: You can use Project builder to create or change objects in your project – project definition, WBS elements, activities, activity elements, milestones, material components.
14. List the three modules integrated tightly to Project System with respect to materials:
1. Sales & Distribution
2. Material Management
3. Production Planning
15. Define network and relationship. (3)
1. A Network contains the individual project tasks and the dependencies between them in the form of activities and relationships.
2. Network: The network describes project processing. Thus the Network contains instructions on how to carry out activities in a specific way, in a specific order and in a specific time period.
3. Relationship: You use relationships to depict chronological and technical dependencies between activities. The relationship determines the nature of the link between the individual activities.
16. What can you plan on an activity?
1. Labor
2. Capacities
3. Materials
4. Tools
5. Services you need to carry out various tasks
17. What are the four Activity categories (types)?
1. Internal processing
2. External processing
3. Services for procuring external services
4. Cost activities for planning additional primary costs.
18. What graphical tool can be used to plan, create, and edit project data and is based on an interactive SAP Gantt chart?
1. Project Planning Board
19. What eight objects are available in the project planning board?
1. WBS Elements
2. Activities
3. Documents
4. Relationship
5. PS Texts
6. Materials
7. Basic Dates
8. Milestones
20. What displays are available in the project planning board?
1. Detail screens, where you can change the field selection or the time settings
2. All the functions available to you at a specific point in the Project Planning board.
3. All Objects in the Project Planning board
21. What are the methods for cost planning in projects? (6)
1. Overall Planning (Hierarchical)
2. Cost Planning Using Activities/Network Costing
3. Cost Element Planning
4. Unit Costing
5. Project and orders
6. Easy Cost Planning
22. What are the confirmation options? (7)
1. Individual Confirmation
2. Collective Confirmation
3. Structure Information System (send a confirmation workflow to user or org. unit)
4. Cross-Application Time Sheet (CATS)
5. Internet
6. Offline using Palm Pilot, Open PS Interface.
7. PDC Interface
23. How does CATS work?
1. CATS is an integrated function for entering actual time data important in HR, PS, PM, CS, and CO.
24. What is a commitment?
1. When a purchase requisition is converted into a purchase order, this results in purchase order commitments for the account assignment object
25. What takes the place of a goods receipt when purchasing a service?
1. The Goods Receipt for services involves two steps:
i. Entering Services Performed
ii. Acceptance of services performed
26. What is Easy Cost Planning? (4)
1. An easy-to-use tool for planning costs in WBS elements.
2. Use planning templates to enter costing items
3. Characteristics are valued
4. The Characteristics are linked to quantities, values, or actions from the costing items.
27. What tool is used to manage the project budget?
1. The Project System supports Active Availability Control for the budget
28. What are the options for managing budgets? (5)
1. Specify whether funds are to be assigned as overall values, or distributed by year.
2. Prevent users from maintaining the overall project budget by assigning appropriate user statuses.
3. Lock the original budget.
4. Use the budget release function to make funds available at various points within a fiscal year.
5. Use the budget carry forward function to transfer any funds not used up in the previous year to the budget of the new fiscal year.
29. What objects can be the receivers of project settlement? (4)
1. Financial Accounting
2. Asset Accounting / Fixed assets
3. Cost Accounting / Profitability Analysis
4. Project System (WBS element, networks, activities)
30. What’s the difference between multi-level and direct settlement?
1. Direct Settlement: Each object (WBS elements, networks, orders and activities) in a project is settled directly to a cost object not included in the project, such as a profitability segment.
2. Multi-level: Each object (WBS elements, networks, orders and activities) are first settled to the higher-level WBS elements in the project. The top element then settles the costs collected.
31. What are Confirmations?
1. They document the processing status of activities and activity elements in a network, and enable you to make forecasts as to how the project will progress.
32. What are the nine SAP components that can post actual data to the project?
1. Materials Management: Purchase order, goods receipt for materials and services.
2. Inventory Management: Goods issues
3. Sales & Distribution: Billing of the sales order.
4. Production Planning: Confirmation of assigned production orders.
5. Plant Maintenance: Confirmation of assigned PM orders.
6. Controlling: Internal activity allocation, assigned CO orders.
7. Financial Accounting: Down payments, payments, journal entries.
8. Asset Management: Settlement to assets.
9. Human Resources: Entry of work for persons, posting of activity confirmation.
33. Template allocations, overhead, interest calculation, cost forecast, progress analysis, results analysis, incoming order, and settlement are examples of _________________ for a project.
1. Period-end transactions run.
34. What is a Cycle Analysis tool?
1. It is a tool that enables you to detect cyclical relationships in the network graphic, and correct them.
35. In Projects, materials establish the link between the Project System and what three other SAP process areas?
1. Sales and Distribution
2. Materials Management
3. Production Planning and Control.
1. t/f Actual and Plan revenues can be posted to a network actvity.
F
2. t/f A Purchase Requisition and a material component can be assigned to a network activity.
T
3. While creating materials management transactions, the network generates a __________________ for external processing activities, and it is then passed on to the purchasing department for further processing.
Purchase Requisition
4. What are three reports and/or systems available for cross-project evaluations to analyze the progress of the project?
1. Project Summarization
2. Executive Information System
3. Profit Center Accounting reports
5. You have assigned a budget to a WBS element. An ____________ assigns funds against the budget.
Availability Control
While assigning resources to an activity, a Work Center is used to carry out which tasks? (3)
1. Produce Work Output
2. Perform Scheduling
3. Perform Capacity Planning
7. Both stock and nonstock items can be planned in a project. Which field determines if the matterial is a stock or nonstock item?
Item Category
8. t/f While planning WBS dates, the system determines the earliest dates of the activities with forward scheduling and latest dates with backward scheduling.
T
9. Internal and External are types of network ____________.
Activities
10. What describes the various steps and work involved in the project?
Network Activity
11. t/f A project definition represents the hierarchal structure of a project.
F
11. The purpose of a WBS is ______________ and _____________________.
1. to show the project activities to be fulfilled
2. to give a clear picture of the project.
12. Are the following objects/values assigned to a WBS and/or a network Activity:
1. Plan/Actual Costs
2. Documents (outside SAP)
3. Purchase requisitions
4. Material Components
5. Budget
6. Settlement Rule
7. Plan Actual Revenue
1. Plan/Actual Costs W N
2. Documents (outside SAP) W N
3. Purchase requisitions W N
4. Material Components N
5. Budget W
6. Settlement Rule W
7. Plan.Actual Revenue W
Why would you assign a budget to a project?
Plan and control costs and revenue. Availability Control
14. What transactions can post actual costs to a project? (6)
1. Time Recording
2. Goods Reciept
3. Confirmation
4. Goods issue
5. Internal Activity Allocation
6. Service receipt
List and explain the different types of activities. (4)
1. Internal
2. External
3. External Services
4. Cost Center
What is a WBS?
It is a model of a project and shows the required project activities in a hierarchical form.
17. What are activities?
Activities show the flow of a project as well as the specific tasks involved in a project.