What is strategic program position in SAP IM - Investment Management?

SAP Term: strategic program position

• Component: IM

• Component Name: Investment Management

• Description: Position of a local investment program in SAP R/3, on which you also want to handle strategic planning. Usually, strategic program positions are on the upper levels of the local investment program, but not the top position. In strategic planning, these program positions are represented by the equivalent strategic characterics combinations. In addition, it is possible for strategic planning to take place on characteristics combinations that summarize the strategic positions of the local programs on a higher level. These characteristics combinations then act as the upper levels of a virtual investment program that serves the whole enterprise. You designate program positions as strategic program positions in their master data.

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• Key Concepts: 
  A strategic program position is a component of SAP Investment Management (IM) that allows users to plan and manage investments in a strategic manner. It is used to define the desired investment strategy and to track the progress of investments over time. The strategic program position also provides a framework for evaluating the performance of investments and making decisions about future investments. 
  
  How to use it: 
  The strategic program position is used to define the desired investment strategy and to track the progress of investments over time. It can be used to set goals, create budgets, and monitor performance. The strategic program position also provides a framework for evaluating the performance of investments and making decisions about future investments. 
  
  Tips & Tricks: 
  When using the strategic program position, it is important to ensure that all relevant information is included in the plan. This includes financial data, market trends, and other factors that may affect the success of an investment. Additionally, it is important to regularly review and update the plan as needed in order to ensure that it remains up-to-date and accurate. 
  
  Related Information: 
  For more information on SAP Investment Management (IM), please visit the SAP website at https://www.sap.com/products/investment-management.html. Additionally, there are many resources available online that provide detailed information on how to use the strategic program position in SAP IM.