What is cost threshold in SAP PPM-FIO - Fiori UI for Portfolio and Project Management?

SAP Term: cost threshold

• Component: PPM-FIO

• Component Name: Fiori UI for Portfolio and Project Management

• Description: -

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• Key Concepts: 
  Cost threshold is a feature in the Fiori UI for Portfolio and Project Management (PPM-FIO) that allows users to set a limit on the total cost of a project. This limit can be used to ensure that the project does not exceed its budget. The cost threshold can be set by the user and is displayed in the project overview page. 
  
  How to use it: 
  To set a cost threshold, go to the project overview page and select “Set Cost Threshold” from the menu. Enter the desired cost limit and click “Save”. The cost threshold will now be displayed in the project overview page. 
  
  Tips & Tricks: 
  It is important to keep track of the cost threshold as it can help prevent projects from going over budget. Additionally, it is important to update the cost threshold as needed as projects progress. 
  
  Related Information: 
  For more information on cost thresholds, please refer to SAP’s documentation on PPM-FIO Fiori UI for Portfolio and Project Management.