In SAP system, version is defined as state of a project at certain point in time. Project versions are used in Earned value analysis and for project evaluation.
A Project version can be used for the following purpose −
There are different project version-types available in Project System. They are −
Project Versions − To compare project status at specific time period.
Plan Versions − This is sued to store different cost plans for a project.
Selection Versions − This is used to perform background processing and to save the project data matching certain selection criteria.
In the table given below, you can see the different features in a project that the above versions support in a SAP system.
|Function||Plan Version||Project Version||Select Version||Simulation Version|
|Add to version||Yes||Yes||No||Yes|
|Contains Summarized cost data||Yes||Yes||Yes||Yes|