What is change order in SAP PPM-CLD-COL - Project Collaboration?

SAP Term: change order

• Component: PPM-CLD-COL

• Component Name: Project Collaboration

• Description: A written agreement to a contractor, approving a change from the original plans, specifications, or other contract documents. A change order is generally signed by the owner, architect, and contractor.

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• Key Concepts: 
  Change Order is a feature of the Project Collaboration component of SAP that allows users to make changes to an existing project. It allows users to modify the project scope, budget, timeline, and other project details. The change order is then reviewed and approved by the project manager before it is implemented. 
  
  How to use it: 
  To use the Change Order feature, users must first log into their SAP system and navigate to the Project Collaboration component. From there, they can select the Change Order option and enter the details of the changes they wish to make. Once all of the details have been entered, the change order must be submitted for review and approval by the project manager. 
  
  Tips & Tricks: 
  When creating a change order, it is important to provide as much detail as possible so that the project manager can accurately assess the impact of the changes. Additionally, it is important to ensure that all stakeholders are aware of any changes that are being made so that they can provide feedback or input if necessary. 
  
  Related Information: 
  The Change Order feature is part of SAP's Project Collaboration component, which also includes features such as project planning, resource management, and task management. Additionally, SAP offers a variety of other tools and features that can help users manage their projects more effectively.