SOLUTIONS Engineering and Construction Projects

• Preparation of accurate cost estimation and integration with project structure, planning and budgeting
• Clear visibility and timely control of project costs, revenues and cash position
• Cost To Complete Management and forecasting of Cost At Completion
• Measure and Report Project Progress, Earned Value and Productivity
• Efficient project variations and customer escalations management and seamless integration with project cost forecasting and project revenue planning
• Integration of subcontractors into project execution, monitoring of work performed and incorporation into project progress reporting
• Accurate customer billing
• Project Profitability forecasting
   

Key SAP Strengths empowered by NOVECO ePM solutions: 

SAP provides the most complete set of integrated industry specific applications available from a single vendor, which help managing every aspect of your project driven business. SAP’s key solution capabilities relevant for E&C include:

• Project Management System (PS) to allow project planning, WBS structuring, Network
  Planning and Scheduling
• Financials and Controlling (FI/CO) for Cost and Profitability Planning, Commitments
  and Actual Costs management
• Fully integrated Project Procurement and Inventory Management (MM-PUR, MM-IM)
  to execute project specific procurement processes and inventory control
• Material Requirements and Production Planning system (MRP, PP) for accurate stock and
  material requirements management and production control for complex or project
  manufacturing industries
• Workforce and Capacity Planning (PP-CAP)
• Sales and Distribution (SD) and Bill Of Services (BOS) to manage cost estimations,
  providing comprehensive solutions for complex customer billing: schedule of rate, progress
  and cost plus
• Project Cash Management
• Project Progress and Earned Value Analysis
• Detailed and Strategic Reporting (PS-IS or BW)
• Noveco Systems presents ePM: extended Project Management solutions , a solution to
  handle industry key business requirements for Engineering, Constructions, Service and
  Maintenance projects, with the focus on the most integrated SAP core component
  - Project System
• ePM enhances SAP standard project management solutions by providing cutting edge
  planning and reporting capabilities to allow project manager to stay in complete control of
  project costs, revenues, progress and variations
• The solution is real-time integrated with the core SAP ECC system and requires neither
  system modifications nor other SAP Netweaver components such as BW and/or Business
  Planning to function. However it is fully integrated with BW and RPM for strategic planning
  and reporting