Free SAP C_TS412_2021 Practice Exam with Questions & Answers | Set: 3

“You can use an offset to specify a time interval between two activities. For example, you can specify that an activity should start two days after its predecessor activity has finished.” According to SAP Help Portal2, “You can use constraints to specify fixed dates for activities. For example, you can use the constraint ‘Must start on’ to fix the start date of an activity.”References: 12

This is how earliest dates and latest dates of activities are scheduled in the SAP Project System. Earliest dates are scheduled by forward scheduling, and latest dates by backward scheduling. Forward scheduling is a method of scheduling activities from the start date of the project to the end date. Backward scheduling is a method of scheduling activities from the end date of the project to the start date. The earliest dates are determined by forward scheduling and the latest dates are determined by backward scheduling. This ensures that the activities are scheduled within the project duration and that any slack time is distributed evenly

The approval of a service entry sheet and the approval of a goods receipt are both transactions that can be used to post actual costs for external processing.”References: 3

Project-Oriented Procurement (ProMan) supports various business transactions that are related to project procurement. Some of these transactions are:

• Stock transfer posting: You can use this transaction to transfer project stock from one storage location to another within the same plant or between different plants.
• Generate purchase requisition: You can use this transaction to create a purchase requisition for a material or service that is required for a project.
• Cancel goods issue: You can use this transaction to reverse a goods issue posting for a material that was issued from project stock. Reference: https://help.sap.com/saphelp_erp60_sp/helpdata/EN/8e/8bc95360267214e10000000a174cb4/frameset.htm

To schedule a project that must be finished at a given due date, you should use backward scheduling. Backward scheduling is a type of scheduling that calculates the dates of project objects, such as WBS elements and networks, based on their dependencies and constraints, starting from a fixed end date and working backwards. Backward scheduling ensures that the project is completed by the due date and that any delays are identified as early as possible. Reference:https://help.sap.com/doc/0f069b2e08b748f1b480d4c8b46c3c49/100/en-US/6a7a9f0a6e421014e10000000a174cb4.html

To carry out the internal project work as soon as possible, you have to maintain the control key of an activity in capacity requirements planning. Capacity requirements planning is a process that determines the capacity requirements and availability for work centers or resources that are used to execute project activities. The control key is a parameter that defines the basic properties of an activity, such as whether it is internally or externally processed, whether it requires confirmation or not, and whether it is relevant for scheduling or not. The control key also determines whether an activity is relevant for capacity requirements planning or not. To carry out the internal project work as soon as possible, you have to use a control key that activates capacity requirements planning for the internal activities. Reference:https://help.sap.com/doc/0f069b2e08b748f1b480d4c8b46c3c49/100/en-US/6a7a9f0a6e421014e10000000a174cb4.html

Period-end closing is a process that involves various activities to finalize the project costs and revenues at the end of a period. Some of the functions that are available for period-end closing in the Project System are:

• Result analysis: This function allows you to calculate the work in process (WIP), reserves, and results for a project based on various methods and valuation rules. Result analysis also updates the financial accounting (FI) and controlling (CO) documents with the calculated values.
• Progress analysis: This function allows you to measure and monitor the progress of a project based on various criteria, such as costs, revenues, dates, or quantities. Progress analysis also enables you to compare the planned and actual progress of a project and identify any deviations or delays.
• Settlement: This function allows you to transfer the costs and revenues of a project to one or more receivers, such as cost centers, fixed assets, profitability segments, or sales orders. Settlement also clears the balances of the project objects and updates the corresponding accounting documents. Reference:https://help.sap.com/docs/SAP_S4HANA_ON-PREMISE/4dd8cb7b1c484b4b93af84d00f60fdb8/79ceb65334e6b54ce10000000a174cb4.html?&version=1909.002

The system can activate requirements (such as reservations or purchase requisitions) in different ways, depending on the settings in customizing and master data. Some of these ways are:

• Immediately, by saving the project: This means that the system creates requirements for all materials assigned to WBS elements or activities as soon as you save the project. This option requires that you set the indicator “Requirements immediately” in customizing for your project profile.
• When releasing a network or an activity: This means that the system creates requirements for all materials assigned to a network or an activity when you release them. This option requires that you set the indicator “Requirements on release” in customizing for your network type or activity type. Reference: https://help.sap.com/docs/SAP_S4HANA_ON-PREMISE/4dd8cb7b1c484b4b93af84d00f60fdb8/79ceb65334e6b54ce10000000a174cb4.html?&version=1909.002

 Availability control is a budget function that can be used to check assigned values against the current budget. Availability control monitors whether the budget for a project is sufficient for planned and actual costs. Availability control compares the assigned values (such as commitments, actual costs, or funds reservations) with the current budget and issues warnings or errors if the tolerance limits are exceeded. Availability control helps you to prevent budget overruns and ensure compliance with budget policies. Reference:https://help.sap.com/docs/SAP_S4HANA_ON-PREMISE/4dd8cb7b1c484b4b93af84d00f60fdb8/79ceb65334e6b54ce10000000a174cb4.html? &version=1909.002

To allocate overhead rates to a WBS element, you must assign a costing sheet to the WBS element. A costing sheet is a tool that allows you to define and calculate overhead costs based on various criteria, such as plant, company code, material origin, or order type. You can assign a costing sheet to a WBS element in the Control Data tab of the WBS element master data. Reference:https://help.sap.com/docs/SAP_S4HANA_ON-PREMISE/4dd8cb7b1c484b4b93af84d00f60fdb8/df72bb53707db44ce10000000a174cb4.html