Project Management is a cross-industry tool which is used to plan and monitor development and consulting projects.

To be successful, companies need powerful solutions that allow them to employ sophisticated project management methods that drive speed and quality. SAP Portfolio and Project Management helps you standardize and improve project management execution and reduce associated administrative and system costs, by providing reliable project management functions that can be deployed independently or integrated into your back-end systems (such as HR and Financials). Project Management is ideal for managing phase-based projects.

It delivers highly specialized support for product development, professional services, Six Sigma, IT, and other types of projects. It supports structuring, scheduling, visualization, operative planning, and execution.