What is bucket in SAP PPM-PFM - Portfolio Management?

SAP Term: bucket

• Component: PPM-PFM

• Component Name: Portfolio Management

• Description: A container for portfolio items. A bucket can contain multiple portfolio items or other buckets. A bucket and an item cannot co-exist in the same bucket. Items must be created in the lowest-level bucket. The overall structure of the portfolio is reflected in the portfolio structure of buckets. The budget for each bucket is managed separately.

Smart SAP Assistant

• Key Concepts: 
  A bucket is a grouping of projects within a portfolio in SAP Portfolio and Project Management (PPM-PFM). Buckets are used to organize projects into categories, such as by type, size, or priority. This helps to quickly identify and prioritize projects within the portfolio. 
  
  How to use it: 
  To create a bucket, go to the Portfolio Management tab in SAP PPM-PFM. Select the “Buckets” option from the left-hand menu. From here, you can create a new bucket by entering a name and description. You can then add projects to the bucket by selecting them from the list of available projects. 
  
  Tips & Tricks: 
  When creating buckets, it is important to consider how they will be used. Think about how you want to organize your projects and create buckets accordingly. For example, if you want to prioritize certain projects, you could create a “High Priority” bucket and add those projects to it. 
  
  Related Information: 
  For more information on buckets in SAP PPM-PFM, please refer to the official documentation here: https://help.sap.com/viewer/product/SAP_PORTFOLIO_AND_PROJECT_MANAGEMENT/7.5/en-US/f3d8f9a2b6c14e8a9f3d7c2b7e4d6f1a.html