What is construction progress report in SAP PS-REV-CPR - Construction Progress Report?

SAP Term: construction progress report

• Component: PS-REV-CPR

• Component Name: Construction Progress Report

• Description: Work/service values and contract values for a certain period and fiscal year calculated as total values from the beginning of the construction period until the key date for the recipient WBS element.

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• Key Concepts: 
  A Construction Progress Report (CPR) is a document used in SAP Project Systems (PS) to track the progress of a construction project. It is used to monitor the progress of the project and to compare it to the planned progress. The CPR contains information about the project, such as the planned and actual start and end dates, the planned and actual costs, and the planned and actual progress.
  
  How to use it: 
  The CPR is used to track the progress of a construction project. It can be used to compare the planned progress with the actual progress, and to identify any potential problems or delays. The CPR can also be used to identify areas where additional resources may be needed, or where changes may need to be made in order to ensure that the project is completed on time and within budget.
  
  Tips & Tricks: 
  When creating a CPR, it is important to ensure that all of the necessary information is included. This includes information about the project, such as the planned and actual start and end dates, the planned and actual costs, and the planned and actual progress. Additionally, it is important to ensure that all of this information is up-to-date and accurate.
  
  Related Information: 
  The CPR is part of SAP Project Systems (PS). Other components of PS include Project Definition (PD), Project Planning (PP), Project Execution (PE), Project Controlling (PC), and Project Management (PM). Additionally, there are other related components such as Cost Planning (CP) and Resource Planning (RP).