Implementing Project Portfolio Management: From Organization Structure to Recognized Revenue · Module 3 · Organization Structures
The project unit
Lesson 25 of 198 · 3 min
A project unit is the operating entity for project management. The boundary within which projects are numbered, and within which a common set of project behaviours applies. IT IS NOT A BUSINESS UNIT. The business unit is the FINANCIAL operating entity — it holds costing and billing configuration and ties to a ledger. The project unit is the PROJECT operating entity. Why both exist, and it is genuinely a two-way argument. A single business unit may run several distinct project operations with different numbering, different calendars and different rules. And conversely, one project operation may transact across several business units. Separating the two objects lets both happen. One object could not. What the project unit owns. Project numbering — method and sequence. Default calendar behaviour. The options governing how projects in the unit behave. And reference data set assignments. The association with business units. A project unit is associated with…
The full lesson is part of the course
The video, the complete written lesson and the module quiz are included in Implementing Project Portfolio Management: From Organization Structure to Recognized Revenue, with a certificate on completion and a fourteen-day refund window.
In this module: Module 3 · Organization Structures
- 1What we are building
- 2The decision you cannot undo
- 3The organization object model
- 4The project unit
- 5Owning versus expenditure organizations
- 6Running the structure design workshop
- 7Four worked structures
- 8Business units and the project accounting function
- 9Creating organizations
- 10Classifying organizations
- 11Organization hierarchies
- 12Creating project units
- 13Project unit options
- 14Reference data set assignments
- 15Associating project units with business units
- 16Proving the structure works
- 17What breaks
- 18Lab briefing: Meridian Consulting
- 19Lab solution walkthrough
