What is model context in SAP EPM-BPC - Business Planning and Consolidation?

SAP Term: model context

• Component: EPM-BPC

• Component Name: Business Planning and Consolidation

• Description: The level at which data relates to the context of a model. For example, if a document is relevant to the entire model, the context is the model ID. However, if the document is related to the 2009 Budget, the model context is the model ID, category:budget, and time:2009.total. Unlike structured data, refers to data retrievals and sends. Unstructured data refers to comments, work state, content library, and business process flows.

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• Key Concepts: 
  Model context is a feature of SAP EPM-BPC Business Planning and Consolidation (BPC) that allows users to create multiple versions of a model. This allows users to compare different scenarios and make decisions based on the results. Model contexts can be used to create different versions of a model for different purposes, such as budgeting, forecasting, or planning.
  
  How to use it: 
  To use model context in SAP EPM-BPC, users must first create a model. Once the model is created, users can create multiple versions of the model by creating different model contexts. Each context can have its own set of data and assumptions, allowing users to compare different scenarios and make decisions based on the results.
  
  Tips & Tricks: 
  When creating multiple model contexts, it is important to keep track of which context is being used for which purpose. This will help ensure that the correct data and assumptions are being used for each scenario. Additionally, it is important to keep track of any changes made to each context so that they can be easily reverted if needed.
  
  Related Information: 
  For more information on using model context in SAP EPM-BPC, please refer to the official documentation available on the SAP website. Additionally, there are many online tutorials and videos available that provide step-by-step instructions on how to use this feature.