What is planned completion period in SAP (CRM - Customer Relationship Management)?

SAP Term: planned completion period

• Component: CRM

• Component Name: Customer Relationship Management

• Description: A date type that specifies a time period during which a business activity should be carried out. EXAMPLE A sales team leader wants his employees to visit all their customers within the next quarter. Therefore he creates activities and chooses a planned completion date from 01.01 until 01.04.

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• Key Concepts: 
  Planned completion period is a term used in SAP Customer Relationship Management (CRM) to refer to the estimated amount of time it will take to complete a task or project. It is used to help plan and manage resources, and can be set for individual tasks or for the entire project. 
  
  How to use it: 
  The planned completion period can be set in the SAP CRM system by entering the estimated amount of time it will take to complete the task or project. This can be done either manually or automatically, depending on the system configuration. Once the planned completion period is set, it can be used to track progress and ensure that resources are allocated appropriately. 
  
  Tips & Tricks: 
  When setting the planned completion period, it is important to be realistic and take into account any potential delays or unforeseen circumstances that may arise. It is also important to review and adjust the planned completion period as needed throughout the project in order to ensure that resources are being used efficiently. 
  
  Related Information: 
  The planned completion period is closely related to other terms such as project duration, estimated duration, and actual duration. These terms are all used to measure and track progress on a project, and can help ensure that resources are being used efficiently.