17. Project Management

A project is a process consisting of multiple phases and stages. Furthermore, it can use resources from various domains. When using projects, you can track the following:

• Service Projects

• Sales Projects

• Sales Opportunities

• Asset Development Projects.

There are two aspects regarding project management: financial management and planning. In SocrateCloud, project management relies more on the financial management and less on the planning side. The Project module does not provide functionality regarding the planning of resources.

In the graphic below you can see all the entities associated to projects:

• The project type allows you to define standard phases and subphases for a project;

• The project represents the work document: start date, end date, products, quantities, values.

• A project can have lines, or phases and subphases.

• Projects can generate orders. The orders and expense reports can update, if applicable, the projects.

• The project cycles (reporting) facilitate the inter-project reporting.