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 Project System PS (RE)

Purpose

You use Project System to plan complex measures, taking into account the risk factors that constantly occur.

This application component can be employed in Real Estate Management to support the planning activities for:

  • New developments

  • Large plant maintenance tasks

  • Marketing strategies

Value flow

In Cost Center Accounting, the project is an independent cost object that can settle the accumulated values to other account assignment objects such as:

  • Assets under construction

  • Assets

Deadlines

Project System provides Real Estate Management with an important interface for planning and scheduling activities related to real estate objects, such as:

  • Completion of development, first occupancy

  • Scheduling of applicants' property viewing dates

Process Flow

  1. Create a WBS element in PS.

  2. Assign the WBS element to the respective Real Estate object.

For detailed information on project planning using WBS elements, refer to the documentation of the PS component: What Makes Up a Work Breakdown Structure (WBS)? .