What is effort in SAP PPM-CLD-RES - Resource Management?

SAP Term: effort

• Component: PPM-CLD-RES

• Component Name: Resource Management

• Description: The number of hours required to complete a task or activity in a project.

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• Key Concepts: 
  Effort is a term used in SAP's Project and Portfolio Management (PPM) Cloud Resource Management (CLD-RES) component. It is a measure of the amount of time and resources that are required to complete a task or project. Effort is typically measured in hours, days, or weeks. 
  
  How to use it: 
  Effort can be used to estimate the amount of time and resources needed to complete a task or project. It can also be used to compare the estimated effort with the actual effort required to complete the task or project. This comparison can help identify areas where additional resources may be needed or where tasks may need to be re-prioritized. 
  
  Tips & Tricks: 
  When estimating effort, it is important to consider all aspects of the task or project, including any dependencies, risks, and other factors that may affect the completion time. Additionally, it is important to track actual effort versus estimated effort in order to identify any discrepancies and adjust accordingly. 
  
  Related Information: 
  For more information on SAP's Project and Portfolio Management (PPM) Cloud Resource Management (CLD-RES) component, please visit the SAP website at https://www.sap.com/products/ppm-cloud-resource-management.html.