on 09-25-2009 6:41 AM
Dear all
coud you kindly help me on the following question?
I am working on a investment project.
we have two options to do the project, first, IMPS, second, IMinternal order group.
in the PS project, we will not use network and activities.
i want to know what's the difference between these two options?
what are there advantages and disadvantages?
thanks a lot.
Judy
Hi,
Only projects enable you to create a hierarchical structure for the objects that collect costs.
Orders are always one-dimensional. For example, it is not possible to distribute budgets for several orders in a structured form from top to bottom.
Projects also offer the advantage of their integration with networks and the functions of logistics. With orders, for example, it is not possible to carry out capacity and resource plannings.
Regards!
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Both WBS elements and IO are IM measure and you can assign them to IM positions.
One main difference between IO groups and WBS hierarchy is hierarchical budgeting. Budget values can be distrubuted within a project against the WBS elements but this is not possible against the orders (though individually they can have budgets) within the order group.
Regards
Sreenivas
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