SAP PS - Versions

In SAP system, version is defined as state of a project at certain point in time. Project versions are used in Earned value analysis and for project evaluation.

Functions

A Project version can be used for the following purpose −

• To perform the statistical evaluation.
• To document the state of project.
• To perform comparison and analysis of project progress.
• To perform milestone trend analysis to analyze the dates in a project and comparing them with planned data in the project.

Types of Versions

There are different project version-types available in Project System. They are −

• Project Versions − To compare project status at specific time period.

• Plan Versions − This is sued to store different cost plans for a project.

• Selection Versions − This is used to perform background processing and to save the project data matching certain selection criteria.

In the table given below, you can see the different features in a project that the above versions support in a SAP system.