What is decision in SAP PLM-INM - Innovation Management?

SAP Term: decision

• Component: PLM-INM

• Component Name: Innovation Management

• Description: A status change that marks an important transition to another phase in the lifecycle of an idea. The decision maker generally gives a reason for the decision.

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• Key Concepts: 
  Decision in SAP PLM-INM Innovation Management is a process of making a choice between two or more alternatives. It is used to determine the best course of action for a given situation. It involves analyzing the available information, weighing the pros and cons of each option, and then selecting the most suitable one. 
  
  How to use it: 
  In SAP PLM-INM Innovation Management, decisions are made by evaluating the available information and weighing the pros and cons of each option. The decision-making process can be broken down into four steps: 
  1. Identify the problem or opportunity. 
  2. Gather relevant information. 
  3. Analyze the data and evaluate the options. 
  4. Make a decision and take action. 
  
  Tips & Tricks: 
  When making decisions in SAP PLM-INM Innovation Management, it is important to consider all available information and weigh the pros and cons of each option carefully. It is also important to consider the potential risks associated with each option before making a decision. Additionally, it is important to be aware of any potential biases that may influence your decision-making process. 
  
  Related Information: 
  For more information on decision-making in SAP PLM-INM Innovation Management, please refer to the official SAP documentation here: https://help.sap.com/viewer/product/PLM_INNOVATION_MANAGEMENT/731/en-US