What is master project type in SAP CA-CPD - Commercial Project Management?

SAP Term: master project type

• Component: CA-CPD

• Component Name: Commercial Project Management

• Description: The primary configuration object for the master project. The master project type is used to define aspects such as available business objects, roles, and responsibilities.

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• Key Concepts: 
  A master project type is a template used to create projects in the Commercial Project Management (CPM) component of SAP. It contains all the necessary information for a project, such as the project type, duration, and budget. It also includes the tasks and activities that need to be completed in order to complete the project. 
  
  How to use it: 
  To create a project using a master project type, first select the appropriate template from the list of available master project types. Then enter the necessary information for the project, such as the duration and budget. Finally, add any tasks or activities that need to be completed in order to complete the project. 
  
  Tips & Tricks: 
  When creating a master project type, it is important to include all of the necessary information for the project. This will ensure that all of the tasks and activities are properly accounted for and that the project is completed on time and within budget. 
  
  Related Information: 
  For more information on creating and managing projects in SAP CPM, please refer to the SAP Help documentation.