Version in Project System

[former_member574468]

Hi all,

can anyone explain me the Concept of version in Project System?

And How to get the Version by giving the Project ID as Input

[Former Member · Accepted solution]

Hi,

SAP PS differentiates between the following versions:

1.• Simulation versions

•2.Project versions

•3. CO plan versions

In SAP PS simulation versions are modifiable versions of projects. You create a simulation version in the quotation phase, for example, if an operative project does not yet exist or if you want to plan other alternatives to an existing operative project or subproject.

Project versions are snapshots of a project at a specific point and are used for documenting the progress of a project over time. Both quantities and values are stored in versions. Project versions are created either manually or automatically when a status changes.

CO planning versions are used to plan costs and revenues. Using CO planning versions you can define various cost plans for a project, for example, an "optimistic" and a "pessimistic" plan. You can copy values from one version to another. You can change planned values manually in every version. The costed values are retained.

Muzamil

[Former Member]

Hi ,

Project version is a snapshot of project at various phases of project lifecycle. Say at initiation phase project has a roughcut plan if u save it as a version at that instant then as the project changes u can compare it with intial plan.

Project version is useful if u want to do what if analysis during Project execution as wel as Quotation phase.

Refer http://help.sap.com/erp2005_ehp_04/helpdata/EN/d8/1fe8344d1d166be10000009b38f83b/frameset.htm

this help file will clear ur doubts.

Rgds