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

SAP Term: bucket owner

• Component: PPM-PFM

• Component Name: Portfolio Management

• Description: The manager of a bucket. A bucket owner is responsible for managing all portfolio items in a particular bucket. Since a bucket has its own resources and budget, the bucket owner is also responsible for: Allocating funds to portfolio items Monitoring resource availability Prioritizing portfolio items Conducting periodic portfolio reviews Making key decisions on portfolio items

Smart SAP Assistant

• Key Concepts: 
  A bucket owner is a user responsible for managing a portfolio of projects within the SAP Portfolio and Project Management (PPM-PFM) component. The bucket owner is responsible for allocating resources, setting priorities, and ensuring that the projects within their portfolio are completed on time and within budget. 
  
  How to use it: 
  The bucket owner is responsible for creating and managing the portfolio of projects within the PPM-PFM component. This includes setting up the project structure, assigning resources, setting priorities, and monitoring progress. The bucket owner also has the ability to adjust the project structure as needed to ensure that projects are completed on time and within budget. 
  
  Tips & Tricks: 
  When setting up a portfolio of projects, it is important to ensure that the bucket owner has access to all of the necessary resources and information needed to manage the portfolio. This includes access to project plans, budgets, and other relevant documents. Additionally, it is important to ensure that the bucket owner has a clear understanding of their responsibilities and is able to effectively communicate with other stakeholders. 
  
  Related Information: 
  For more information on how to use the PPM-PFM component, please refer to SAP’s official documentation. Additionally, there are many online resources available that provide tips and tricks for managing portfolios of projects within SAP.