What is planning horizon in SAP EPM-NOV-SWP - Percipient?

SAP Term: planning horizon

• Component: EPM-NOV-SWP

• Component Name: Percipient

• Description: Period of time to execute a strategy.

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• Key Concepts: 
  The planning horizon in SAP EPM-NOV-SWP Percipient is the time period for which a company plans its operations. It is the length of time that a company will use to plan its activities, such as budgeting, forecasting, and resource allocation. The planning horizon can be set to any length of time, from a few months to several years. 
  
  How to Use It: 
  The planning horizon in SAP EPM-NOV-SWP Percipient is set by the user. To set the planning horizon, the user must first select the “Planning Horizon” option from the main menu. Then, they must enter the desired start and end dates for the planning period. Once the dates are entered, the user can then begin to plan their operations for that period. 
  
  Tips & Tricks: 
  When setting the planning horizon in SAP EPM-NOV-SWP Percipient, it is important to consider the length of time that is necessary for a company to plan its operations. If a company needs to plan for a longer period of time, it may be beneficial to set a longer planning horizon. Additionally, it is important to consider any external factors that may affect the company’s operations during the planning period. 
  
  Related Information: 
  The planning horizon in SAP EPM-NOV-SWP Percipient is closely related to other features of the software, such as budgeting and forecasting. Additionally, it is important to consider how the planning horizon will affect other aspects of a company’s operations, such as resource allocation and performance management.