What is 'residual order plan' in SAP PS - Project System?

residual order plan - Overview

• Component: PS

• Component Name: Project System

• Description: The planned costs minus actual costs minus commitments for all orders for a project. If the assigned value actual costs plus commitment is more than the planned costs, the residual order plan value is zero.

residual order plan - Details

• 
  Key Concepts: 
  Residual order plan is a feature of the SAP Project System (PS) component that allows users to plan and manage the remaining work of a project. It is used to track the progress of a project and to ensure that all tasks are completed on time and within budget. The residual order plan is based on the original project plan and is updated as tasks are completed or changed. 
  
  How to use it: 
  The residual order plan can be accessed from the Project System menu in SAP. Once there, users can view the current status of the project, including any changes that have been made since the original plan was created. Users can also add new tasks or modify existing tasks in the residual order plan. 
  
  Tips & Tricks: 
  When creating or modifying tasks in the residual order plan, it is important to consider the impact of any changes on other tasks in the project. This will help ensure that all tasks are completed on time and within budget. Additionally, it is important to regularly review and update the residual order plan to ensure that it accurately reflects the current status of the project. 
  
  Related Information: 
  For more information about using the residual order plan in SAP Project System, please refer to SAP Help documentation or contact your local SAP support team.