Implementing Project Portfolio Management: From Organization Structure to Recognized Revenue · Module 1 · The PPM Landscape
The Project Financial Management applications
Lesson 6 of 198 · 2 min
Six applications on the finance side, each with the same four facts: name, one-sentence job, what feeds it, what it feeds. Project Foundation — the shared components every other application uses. Project plan structure, resource breakdown structures, rate schedules, pricing, burdening, cross-charge. The one nobody talks about, and everything depends on. Most of the first half of this course is Foundation, and learners frequently do not realise that is what they are configuring. Project Control — planning, progress management, budgeting and forecasting. Project Costing — captures and processes commitments and costs from other applications and from third-party systems. Project Billing — invoice processing, formatted invoices with estimated tax, and analytics on contract revenue, invoice, profitability and margin. Project Performance Reporting — a multidimensional model for stakeholders to answer performance questions and act on them. Project Contracts — the contract side, which sits with Enterprise Contracts and is the dependency from…
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 1 · The PPM Landscape
- 1Two offerings, not one productFree preview
- 2The Project Financial Management applications
- 3The Project Execution Management applications
- 4Running the scoping conversation
- 5The cost-to-ledger mapFree preview
- 6Offerings, functional areas and navigation
- 7Working on a PPM project
- 8Lab: scope three clients and draw the map