What is 'metric' in SAP PPM-CF - Common Functions?

metric - Overview

• Component: PPM-CF

• Component Name: Common Functions

• Description: A user-specific key figure, such as 'launch costs', 'probability of commercial success', or 'net present value' for which different metrics value types, such as 'planned', 'actual', or 'target' can be defined and which is either entered manually or calculated by the system.

metric - Details

• 
  Key Concepts: 
  A metric is a measure of performance used to evaluate the success of a project or process. In the SAP PPM-CF Common Functions component, metrics are used to track and measure the progress of projects and processes. Metrics can be used to compare different projects or processes, or to measure the performance of a single project or process over time. 
  
  How to use it: 
  Metrics can be used in the SAP PPM-CF Common Functions component to track and measure the progress of projects and processes. Metrics can be set up for each project or process, and can be used to compare different projects or processes, or to measure the performance of a single project or process over time. Metrics can also be used to identify areas for improvement in a project or process. 
  
  Tips & Tricks: 
  When setting up metrics for a project or process, it is important to choose metrics that are relevant and meaningful. It is also important to ensure that the metrics are measurable and that they are tracked regularly. This will help ensure that the metrics are accurate and up-to-date. 
  
  Related Information: 
  For more information on metrics in the SAP PPM-CF Common Functions component, please refer to the SAP Help documentation.