What is evaluation method in SAP PLM-INM - Innovation Management?

SAP Term: evaluation method

• Component: PLM-INM

• Component Name: Innovation Management

• Description: A summary of the criteria used to evaluate an idea, for example, a questionnaire. Depending on the evaluation method, an evaluation can have an overall result or be displayed graphically in a diagram. An evaluation method can be defined specifically for and assigned to a phase in the innovation process.

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• Key Concepts: 
  Evaluation method is a feature of SAP PLM-INM Innovation Management that allows users to assess the value of an innovation idea. It is used to determine the potential of an idea and to decide whether it should be implemented or not. The evaluation method is based on criteria such as cost, customer satisfaction, and market potential. 
  
  How to use it: 
  To use the evaluation method, users must first define the criteria that will be used to assess the value of an innovation idea. This can include factors such as cost, customer satisfaction, market potential, and more. Once the criteria have been defined, users can then assign a weighting to each criterion. This weighting will determine how much each criterion contributes to the overall evaluation score. Finally, users can enter the data for each criterion and the system will calculate an overall score for the innovation idea. 
  
  Tips & Tricks: 
  When using the evaluation method, it is important to ensure that all criteria are given equal weighting. This will ensure that all criteria are taken into account when assessing the value of an innovation idea. Additionally, it is important to ensure that all data entered into the system is accurate and up-to-date in order to get an accurate evaluation score. 
  
  Related Information: 
  The evaluation method is just one of many features available in SAP PLM-INM Innovation Management. Other features include idea management, project management, and collaboration tools. Additionally, SAP offers a range of other products and services related to innovation management such as consulting services and training courses.