What is profile in SAP PS - Project System?

SAP Term: profile

• Component: PS

• Component Name: Project System

• Description: The profiles contain default values and control parameters for processing objects and functions in the . The includes the following profiles: Standard network profile Network profile Project profile Plan profile for cost planning in the WBS Budget profile for budget management Information system profiles

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• Key Concepts: 
  A profile in SAP Project System (PS) is a set of characteristics that define the behavior of a project. It contains information such as the project type, the project's budget, and the project's timeline. Profiles are used to ensure that all projects adhere to the same standards and guidelines. 
  
  How to use it: 
  Profiles are created in the SAP system by an administrator. Once created, they can be assigned to projects. This allows the administrator to control how each project is managed and tracked. The profile also allows for easy comparison between different projects, as all projects with the same profile will have similar characteristics. 
  
  Tips & Tricks: 
  When creating a profile, it is important to consider the needs of the project. For example, if a project requires a large budget, then a profile with a higher budget should be chosen. Additionally, it is important to consider the timeline of the project when creating a profile. If a project needs to be completed quickly, then a profile with a shorter timeline should be chosen. 
  
  Related Information: 
  For more information on profiles in SAP Project System, please refer to SAP's official documentation on profiles (https://help.sap.com/viewer/product/SAP_PROJECT_SYSTEM/731/en-US). Additionally, there are many online resources available that provide tips and tricks for creating effective profiles in SAP Project System.