What is project systems are related to fico

hi sap gurus anybody clesrly tell me about project systems are related to fico , and what are the relations to these sap fico and ps?
regards
venkatareddy

The Project System guarantees close and constant monitoring of all aspects of your project.Projects are generally part of the internal processes of a company.
There is no orgnization structure of project system like in FI ( Company code), CO ( Controlling Area), Funds management ( FM area). but it depends upon other.
Therefore, The high degree of integration between the Project System (PS) and other SAP application components means that you can plan, execute, and account for projects as part of your normal commercial procedures. This means the Project System has constant access to data in all the departments involved in the project.
Further, in project system mostly controlling & ligistical is more important.
Plz assign point as way of thanks

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Message was edited by: kishan negi

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Sep 6, 2012 3:04 PM in reply to zuccon123
Report
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I will also insert image so you can see the registry locations for each.
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0cc5b647-c1df-4637-891a-dec35c318583
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Edited by: Gaurav Kanungo on Jan 8, 2008 7:47 AM

http://help.sap.com/saphelp_nw70/helpdata/en/b4/60073c0057f057e10000000a114084/content.htm
http://help.sap.com/saphelp_nw70/helpdata/en/1f/13fb383a094d63e10000000a11402f/content.htm

What is project systems are related to fico

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