What is actual in SAP EPM-SM - Strategy Management?

SAP Term: actual

• Component: EPM-SM

• Component Name: Strategy Management

• Description: A value that represents a true value, as opposed to the budgeted or forecasted value.

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• Key Concepts: 
  Actual is a term used in SAP EPM-SM Strategy Management to refer to the actual values of a KPI or metric. It is the value that has been measured or observed in the real world. This value can be compared to the target value to measure performance. 
  
  How to use it: 
  Actual values can be used in SAP EPM-SM Strategy Management to measure performance against targets. To do this, the actual value must first be entered into the system. This can be done manually or by importing data from an external source. Once the actual value is entered, it can be compared to the target value to measure performance. 
  
  Tips & Tricks: 
  When entering actual values into SAP EPM-SM Strategy Management, it is important to ensure that the data is accurate and up-to-date. This will ensure that performance can be accurately measured against targets. Additionally, it is important to ensure that all relevant data is included when entering actual values, as this will provide a more comprehensive view of performance. 
  
  Related Information: 
  Actual values are just one part of measuring performance in SAP EPM-SM Strategy Management. Other metrics such as forecasted values and planned values can also be used to measure performance. Additionally, other tools such as dashboards and reports can be used to visualize performance data and gain insights into how well a strategy is performing.