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Investment Management in Plant Maintenance

Investment Management in Plant Maintenance. SAP Best Practices for Chemicals. Purpose, Benefits, and Key Process Steps. Purpose The purpose is to describe business processes related to Investment Management within Plant Maintenance. Benefits

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Investment Management in Plant Maintenance

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  1. Investment Management in Plant Maintenance SAP Best Practices for Chemicals

  2. Purpose, Benefits, and Key Process Steps • Purpose • The purpose is to describe business processes related to Investment Management within Plant Maintenance. • Benefits • The Budget planner can plan and distribute budget data to the overhaul maintenance project network/activities. • Key Process Steps • Creating / Changing Program Structure • Create / Change / Display Measures • Assign WBS Element to Functional Location • Plan Costs on Projects (Bottom-Up Planning) • Roll-Up Planned Costs to the Investment Program • Budgeting Investment Program • Release Measures • Assignment of Maintenance Projects to Maintenance Orders • Assignment of Capital Investment Projects to a Maintenance Order • Controlling Budget vs. Actual Costs (Reporting) • Procedure Reporting Planned Values • Procedure Reporting Budget Values • Fiscal Year Changing of Programs • Procedure Open New Approval Year • Procedure Open New Approval Year • Procedure Closing Old Approval Year

  3. Required SAP Applications and Company Roles • Required SAP Applications • SAP ECC 6.00 enhancement package 5 • Company Roles • Chemicals: Maintenance Specialist • Investment Manager

  4. Overview • The Investment Management (IM) component provides functions to support the planning, investment, and financing processes for: • Capital investments, such as the acquisition of fixed assets as the result of-house production or purchase • Investments in research and development • Projects that fall primarily under overhead, such as continuing education of employees or establishing new markets • Maintenance programs • The term investment, therefore, is not limited only to investments you capitalize for bookkeeping or tax purposes. An investment in this context can be any measure that initially causes costs, and that may only generate revenue or provide other benefits after a certain time period has elapsed (for example, plant maintenance).

  5. Features • Application module IM (Investment Management) • Module IM for overall planning, budgeting and controlling of Investment projects, Maintenance projects and operational maintenance activities • Application module PS (Project System) • Module PS as planning and controlling tool for individual measures • Application module PM (Plant Maintenance) • Maintenance work orders as cost collector for handling of operational and project-related activities • It is fully integrated process of Financials, Asset-Accounting, Controlling and Plant Maintenance

  6. ConstructionProjection Procurementprocess Decision for Investment Building Assembling EAM Research & Development Operating Production Maintenance Quality assurance Asset retirement The Asset Life-Cycle

  7. General Program structure • Shows the structure of the enterprise • Based on technical structure

  8. Investment program Maintenance program Projects Projects Work order Work order Integration IM/PS and PM

  9. Budget IM-Program position Aggregation assignments by Functional location Planned Values Actual Costs Work order Distribution Active availability check Budget Budgeting Maintenance

  10. Cost planning based on: • Objects - Count / Types • Scale of planned measures • Components and services • Estimation of unplanned measures Adjustment Budget Reporting Compares Modifying Actual Costs: • Workt • Components • other costs Process Cost planning

  11. Program: CH-MAINT BP01 Technical structure: BP01 KMA1 KMA Cost center WBS Work order PRO Plan Plan Components Internal labor Budget : OP Pr 1 BP01-PM-20 Projects Operational Maintenance Ball system 1 Ball system 2 Ball system 3 Pr 1.1 Pr 1.2 Pr 1.3 Plan Settlement to cost centger K1 K2 K3 Cost center PROD Example: Scenario Plant Maintenance

  12. Process Flow Diagram Investment Management in Plant Maintenance (932) Event Investment Programs Planning and Budgeting Old/new Approval Year Fiscal Year Changing of Programs Chemicals: Maintenance Specialist Fiscal Year Change of Programs Procedure Open New Approval Year Creating / Changing Program Structure Create / Change / Display Measures Assign WBS element to Function Location Plan Costs on Projects (Bottom-Up Planning) Roll-Up Planned Costs to the Investment Program Budgeting Investment Program Procedure Closing Old Approval Year Assign Projects to Maintenance Order Release Measures Budgeting Distribution Controlling Budget vs. Actual Costs (Reporting) Investment Manager Procedure Reporting Budget Values Procedure Reporting Planned Values

  13. Diagram Connection Legend <Function> Hardcopy / Document External to SAP Financial Actuals Business Activity / Event Budget Planning Unit Process Manual Process Process Reference Existing Version / Data Sub-Process Reference Process Decision System Pass/Fail Decision

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