What is 'derived scorecard' in SAP FIN-SEM-CPM - Corporate Performance Monitor?

derived scorecard - Overview

• Component: FIN-SEM-CPM

• Component Name: Corporate Performance Monitor

• Description: Scorecard created by using another scorecard as a template, and then making user-specific adjustments.

derived scorecard - Details

• 
  Key Concepts: 
  Derived scorecards are a feature of the SAP Corporate Performance Monitor (FIN-SEM-CPM) that allow users to create custom scorecards based on existing scorecards. These derived scorecards can be used to measure performance against specific goals or objectives, and can be used to compare performance across different departments or divisions. 
  
  How to use it: 
  To create a derived scorecard, users must first select an existing scorecard as the base. This base scorecard will provide the framework for the derived scorecard. Users can then customize the derived scorecard by adding or removing metrics, changing the weighting of metrics, and setting specific goals or objectives. Once the derived scorecard is created, it can be used to measure performance against the goals or objectives set. 
  
  Tips & Tricks: 
  When creating a derived scorecard, it is important to consider how each metric will contribute to the overall performance measurement. It is also important to consider how each metric will interact with other metrics in order to ensure that the derived scorecard accurately reflects performance. 
  
  Related Information: 
  For more information on SAP Corporate Performance Monitor (FIN-SEM-CPM), please visit https://help.sap.com/viewer/product/FIN_SEM_CPM/1.0/en-US.