What is enhancement plan in SAP GRC-RM - GRC Risk Management?

SAP Term: enhancement plan

• Component: GRC-RM

• Component Name: GRC Risk Management

• Description: The response to an opportunity in Risk Management. An enhancement plan enables you to define how your organization intends to respond to an opportunity. Enhancement plan types must be defined in Customizing; these can be of the type "research the opportunity" or "watch the development of a market opportunity", for example, enabling organizations to take actions that increase the potential benefit of an opportunity.

Smart SAP Assistant

• Key Concepts: 
  An enhancement plan is a feature of SAP GRC Risk Management (GRC-RM) that allows users to create and manage a list of planned enhancements to the system. This list can be used to track the progress of each enhancement, as well as to prioritize and assign tasks. The enhancement plan also provides a way for users to communicate with each other about the status of each enhancement.
  
  How to use it: 
  To create an enhancement plan, users must first log into the GRC-RM system. Once logged in, they can select the “Enhancement Plan” option from the main menu. This will open a new window where users can enter the details of their planned enhancements. They can then assign tasks to specific users, set deadlines, and track progress.
  
  Tips & Tricks: 
  When creating an enhancement plan, it is important to be as detailed as possible. This will help ensure that all tasks are completed on time and that no important details are overlooked. Additionally, it is important to keep the plan up-to-date by regularly reviewing and updating it as needed.
  
  Related Information: 
  For more information on using the enhancement plan feature in GRC-RM, please refer to the official SAP documentation. Additionally, there are many online resources available that provide helpful tips and tricks for using this feature effectively.