SAP Solutions for Engineering, Construction & Complex Manufacturing Industries

Visit us on: www.noveco.com.au

The Challenge

The success of Engineering and Constructioncompanies is dependent on their capacity to managetheir projects efficiently. In the current difficulteconomic climate, rising costs, shrinking profits andever increasing competition, the leading companiesare implementing complex ERP systems to enhancetheir capabilities in the following projectmanagement areas:

Integrated SAP Business Solutions for E&C industry 

Preparation of accurate cost estimates and theirintegration with planning and budgeting at aproject structure level.

Provide clear visibility of project costs, revenuesand cash position

Accurate forecasting of Cost To Complete

Measurement and Reporting of Project Progress,including Earned Value and other Productivitymeasures Sales and Distribution (SD) and Bill Of Services (BOS),

providing cost estimation and customer billing capabilities,including schedule of rates, progress/lump‐sum and cost plusmethods.

Project Cash Management

Project Progress and Earned Value Analysis;

Detailed and Strategic

Reporting (PS‐IS or BW)

Project Management System (PS), providing project planning, WBS structuring, Network Planning and Scheduling;

Financials and Controlling (FI/CO), providing Cost and Profitability Planning, Commitments and Actual Costs management;

Materials Management (MM), providing fully integrated project specific Procurement and Inventory Management.

Material Requirements and Production Planning (MRP, PP), enabling accurate stock and material requirements management and production control;

Workforce and Capacity Planning (PP‐CAP)

Contact us on: info@noveco.com.au

The Solution

SAP provides the most complete set of integrated industryspecific applications available from a single vendor.It enables the effective management of every aspect ofyour project driven business, via the following key solutioncapabilities:

Noveco Systems has more than 12 years of international andlocal experience in developing and implementing SAP solutionsfor Engineering and Construction industries. This wealth ofexpertise allows us to assist our clients in the selection of thebest SAP solution for their business, and then guide themthrough the complete implementation process.

Noveco Systems extensive industry experience ensures that ourclients will be able to fully realise the benefits of combiningSAP’s tightly integrated business applications with provenindustry best practices. This ensures our clients obtain the keycapabilities necessary to effectively support their major businessprocesses, including:

Project Structuring and Planning

Cost Estimation and Budget Control

Project Scheduling

Procurement and Subcontractor Management

Resource Planning

Cost Forecasting

Progress Analysis

Customer Billing

Reporting and more

Management of project variations and customerescalations, and their seamless integration with projectcost forecasting and revenue planning

Integration of subcontractors into project execution,monitoring of work performed and the incorporationof this work into progress reporting.

Accurate customer billing

Project Profitability forecasting

Integration of Estimation with Project Cost Budgeting andForecasting

Utilize SAP E&C Bill Of Services structure to hold projectcost estimation and transfer to project WBS elements tocreate initial project budget.

Cost ForecastingPerform manual forecast of Cost to Complete on WBS,Network Activities or PM/SC orders by Cost Elements ornetwork operation work quantity;Perform cost forecasting by value or quantity multiplied bylabour rates;Automatic reduction of CTC from actual costs andcommitments.Instant Integration of forecast results with Project ResultAnalysis

Variation ManagementPlan Costs and Revenue within one variation document.Assign variation cost to multiple project elements (WBS,Network Activities and orders) within one variationdocumentVariation status control, e.g. Pending, Approved withautomatic cost allocation to assigned Project elements(WBS, Network Activities): update project current budgetand Cost To Complete depending on variation statusSales Document update with revenue adjustment fromvariation documentFull Integration with Project cost forecasting and reporting

ePM – extended Project Management solutions 

Project

Variations

Customer

Billing

Cost

ForecastingProcurement

Budget

Estimate

Project

Structure

Consolidated Project Data ManagementOne stop‐shop for Project Managers to view project KPIs,perform cost forecasting, run drill down reports and more

ReportingFull history of project Estimated at Completion, Cost toComplete, Commitments, Actual costs, Budget, Variation ofcosts and revenue values. See how your project was evolvingduring its lifecycle.Report Project Variations and Budget changesReport Original Project Estimation vs. Project Actual Costs atits completion

Noveco Systems presents ePM: extended ProjectManagement solutions for Engineering, Construction,Service and Maintenance projects. This solutionfocuses upon the Project System, one of SAP’s mostintegrated core components.

ePM enhances SAP standard project managementsolutions by providing cutting edge planning andreporting capabilities to allow project managers to stayin complete control of project costs, revenues, progressand variations.

The solution is integrated in real‐time with the core SAPECC system and requires neither system modificationsnor other SAP Netweaver components such as BWand/or BP to function. However, it is fully integratedwith BW and RPM for strategic planning and reportingpurposes.

SAP Solutions for Engineering, Construction & Complex Manufacturing Industries

Visit us on: www.noveco.com.au Contact us on: info@noveco.com.au