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SAP PS long term investment project

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First time implementing SAP PS and sap ps scheduling for 2 year investment project. We have schedule and cost detail for first 4 months only and this project will take 2 years completion time, pls suggest how to plan and go further??

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Ask the client what is going to happen for the full 2 years. If you only know the next 4 months worth of effort what's wrong with only planning that? What are you expecting to see now over the 2 year cycle?

You can add activities that span the full 2 years without adding plan cost.