What is reference model in SAP FS-PM - Policy Management?

SAP Term: reference model

• Component: FS-PM

• Component Name: Policy Management

• Description: Representation of an external data system in PM.Designer. The structure and properties correspond to the product model, but unlike the product model it cannot be instanced in PM.Designer. This means that it is not possible to create product modules from a reference model. The reference model describes the data model used as the base for a live system, for which product data is defined in PM.Designer.

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• Key Concepts: 
  A reference model is a set of predefined objects and rules that are used to define the structure of a particular SAP system. In the case of FS-PM Policy Management, the reference model is used to define the structure of the policy management system, including the different types of policies, their associated rules, and the relationships between them. 
  
  How to use it: 
  The reference model for FS-PM Policy Management is used to define the structure of the policy management system. This includes defining the different types of policies, their associated rules, and the relationships between them. The reference model also defines how policies are stored and accessed within the system. 
  
  Tips & Tricks: 
  When creating a new policy in FS-PM Policy Management, it is important to ensure that it follows the structure defined by the reference model. This will ensure that all policies are consistent and can be easily accessed and understood by users. 
  
  Related Information: 
  For more information on FS-PM Policy Management and its reference model, please refer to SAP's official documentation on the topic. Additionally, there are many online resources available that provide detailed tutorials on how to use FS-PM Policy Management and its reference model.