SAP PS stands for SAP Project System. This module is used for close and constant monitoring of each activities of a project in technical and commercial aspects. Project system requires the data from all departments (MM, SD, FI, HR etc).

SAP Project System provides tools to track project milestone, costs and resources. SAP's Project System module contains tight integration to the Controlling, Human Resources, and Logistics modules. It utilizes personnel records from HR, rolls costs into Controlling and links to materials or customers in the Logistics modules.

SAP PS 

 Introduction  

Project Management / Project System
Project types & PS
Planning Types
Project Vs Project System
Integration with Other modules

Structures  

Work Breakdown Structure (WBS)
Network
Activities
Relationships
Sub networks
Milestones
Standard structures
Project Builder
Project planning board
Structure Planning
Mass Change
Status Management

Dates 

Types of Dates
Settings for Scheduling Parameters
Presentation of Dates in the Graphics
Scheduling Functions
Dates in the Work Breakdown Structure (WBS)
Scheduling the Work Breakdown Structure
Network Scheduling
Scheduling the Overall Network
Overall Network Scheduling with Selection Option
Scheduling with Service/Maintenance Orders

Costs 

Cost Planning
Orders for Projects
Project Cost Forecast
Budget Management for Projects
Availability Control
Commitments Management (CO)
Funds Commitment (Cost Centers, Internal Orders, Projects)
Automatic and Periodic Allocations

Revenues and Earnings 

Billing Plans in WBS Elements
Project-Related Incoming Orders
Transfer Prices for Projects
Sales Pricing and Quotation Creation
Resource-Related Billing
CPR and Valuation of Semi-Finished Constructions