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

SAP Term: status

• Component: PLM-INM

• Component Name: Innovation Management

• Description: A state of an idea within a phase of the innovation process.

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• Key Concepts: 
  Status is a term used in SAP PLM-INM Innovation Management to refer to the current state of an innovation project. It is used to track the progress of the project and can be used to determine if the project is on track or if it needs to be adjusted. 
  
  How to use it: 
  The status of an innovation project can be changed by the user at any time. This can be done by selecting the “Change Status” option from the menu bar. The user can then select the desired status from a list of available statuses. 
  
  Tips & Tricks: 
  It is important to keep track of the status of an innovation project in order to ensure that it is progressing as expected. It is also important to update the status regularly so that other users are aware of the current state of the project. 
  
  Related Information: 
  For more information on SAP PLM-INM Innovation Management, please refer to the official SAP documentation. Additionally, there are many online resources available that provide tutorials and tips on how to use this software.