What is 'item weight' in SAP LOD-SF-PM - Performance Management?

item weight - Overview

• Component: LOD-SF-PM

• Component Name: Performance Management

• Description: A ratio applied to each goal or competency to determine the relative importance of the goal or competency in calculating the overall performance rating.

item weight - Details

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  Key Concepts: 
  Item weight is a feature of SAP Performance Management (LOD-SF-PM) that allows users to assign a numerical value to each item in a list. This numerical value, or weight, is used to calculate the overall score of the list. For example, if a list contains five items and each item has a weight of 10, then the total score of the list would be 50. 
  
  How to use it: 
  To use item weight in SAP Performance Management, users must first create a list of items. Once the list is created, users can assign a numerical value (weight) to each item in the list. This weight can be adjusted as needed to reflect the relative importance of each item in the list. Finally, when all weights have been assigned, users can calculate the total score of the list by multiplying each item's weight by its corresponding score. 
  
  Tips & Tricks: 
  When assigning weights to items in a list, it is important to consider how each item contributes to the overall score. For example, if one item is more important than another, it should be given a higher weight. Additionally, it is important to ensure that all weights add up to 100 so that the total score accurately reflects the relative importance of each item in the list. 
  
  Related Information: 
  Item weight is just one