What is plan version in SAP (CA-CPD - Commercial Project Management)?

SAP Term: plan version

• Component: CA-CPD

• Component Name: Commercial Project Management

• Description: The part of a financial plan that allows you to define the planning of different estimates. Plan versions comprise version types such as quote, baseline, current, and forecast. You can, for example, have one plan version to represent an optimistic quote and another for a pessimistic quote.

Smart SAP Assistant

• Key Concepts: 
  Plan version is a feature of the SAP Commercial Project Management (CPM) component. It allows users to create multiple versions of a project plan, which can be used for different purposes such as planning, budgeting, and forecasting. Each version can be customized to meet the specific needs of the project. 
  
  How to use it: 
  To create a plan version, users must first create a project plan in the CPM component. Once the plan is created, users can then create multiple versions of the plan. Each version can be customized with different settings such as budget, timeline, and resources. Once the versions are created, users can then switch between them to view different versions of the project plan. 
  
  Tips & Tricks: 
  When creating multiple versions of a project plan, it is important to keep track of which version is being used. This can be done by assigning each version a unique name or number. Additionally, it is important to keep all versions up-to-date with any changes that are made to the project plan. 
  
  Related Information: 
  For more information on using plan versions in SAP CPM, please refer to the official SAP documentation here: https://help.sap.com/viewer/product/CA-CPD/1H2020/en-US