A collection of manufacturing and purchasing actions that are performed especially for a particular customer order. A project is initiated by a customer order for items having a To Order order policy. The purpose of a project is to plan and coordinate the production of these items.
For a standard-to-order production, the project is only used to link the item with the customer order. Otherwise, a project can include:
- Customized item data (BOMs and routings)
- Project planning (activity planning)
A budget is a special type of project. A budget is used to plan and estimate, not to carry out production.