What is direct cost project in SAP SRD-PRO-PMN - PRO-Project Management?

SAP Term: direct cost project

• Component: SRD-PRO-PMN

• Component Name: PRO-Project Management

• Description: A project type where the project costs remain on the project and are not reallocated to cost centers. Direct cost projects enable project-related costs to be collected centrally and at a more detailed level than the cost center.

Smart SAP Assistant

• Key Concepts: 
  A direct cost project is a type of project in SAP's SRD-PRO-PMN PRO-Project Management component. It is a project that has a direct cost associated with it, meaning that the cost of the project is directly related to the amount of work done. This type of project is typically used for projects that require a large amount of resources and/or time to complete. 
  
  How to use it: 
  In order to use a direct cost project in SAP's SRD-PRO-PMN PRO-Project Management component, you must first create the project and assign it a budget. Once the budget has been set, you can then assign resources to the project and track their progress. You can also track the costs associated with the project, such as materials, labor, and other expenses. 
  
  Tips & Tricks: 
  When creating a direct cost project in SAP's SRD-PRO-PMN PRO-Project Management component, it is important to accurately estimate the costs associated with the project. This will help ensure that you are able to stay within your budget and complete the project on time and within budget. Additionally, it is important to track all costs associated with the project in order to ensure that you are not overspending or under spending on any particular aspect of the project. 
  
  Related Information: 
  For more information on direct cost projects in SAP's SRD-PRO-PMN PRO-Project Management component, please refer to SAP's official documentation or contact your local SAP representative. Additionally, there are many online resources available that provide helpful tips and tricks for managing direct cost projects in SAP.