What is 'target value' in SAP IS-HT-SW - Software Management?

target value - Overview

• Component: IS-HT-SW

• Component Name: Software Management

• Description: The maximum possible or target value for value contracts.

target value - Details

• 
  Key Concepts: 
  Target value is a term used in the IS-HT-SW Software Management component of SAP. It is a value that is set to measure the performance of a particular process or activity. It is used to compare the actual performance of the process or activity against the target value to determine if it is meeting expectations. 
  
  How to use it: 
  Target values are set by administrators and can be adjusted as needed. They are used to measure the performance of a process or activity and can be used to identify areas for improvement. The target value can be used to track progress and ensure that the process or activity is meeting expectations. 
  
  Tips & Tricks: 
  When setting target values, it is important to ensure that they are realistic and achievable. Setting unrealistic targets can lead to frustration and can make it difficult to measure progress. It is also important to review target values regularly and adjust them as needed. 
  
  Related Information: 
  Target values are closely related to key performance indicators (KPIs). KPIs are metrics used to measure the performance of a process or activity against predetermined goals. They are often used in conjunction with target values to measure progress and identify areas for improvement.