What is dependency risk in SAP PPM-PFM - Portfolio Management?

SAP Term: dependency risk

• Component: PPM-PFM

• Component Name: Portfolio Management

• Description: The level of risk for a project dependency. The dependency risk is derived from the start and finish of: The project or task on which current project or task depends The projects or tasks that depend on the current project The dependency risk is displayed as a status icon in the Project Dashboard.

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• Key Concepts: 
  Dependency risk is a term used in SAP Portfolio Management (PPM-PFM) to refer to the risk associated with the dependencies between projects. Dependencies are the relationships between projects that can affect the success of one or both projects. For example, if one project is dependent on another project for resources or completion of a certain task, then any delays or issues with the other project can have a negative impact on the dependent project. 
  
  How to use it: 
  In SAP Portfolio Management, dependency risk is managed by monitoring and managing the dependencies between projects. This includes tracking progress on each project, understanding how changes in one project can affect another, and taking steps to mitigate any potential risks. Additionally, it is important to have a clear understanding of the dependencies between projects and how they can affect each other. 
  
  Tips & Tricks: 
  When managing dependency risk in SAP Portfolio Management, it is important to be proactive and anticipate potential risks before they occur. This includes regularly monitoring progress on each project and understanding how changes in one project can affect another. Additionally, it is important to have a clear communication plan in place so that any changes or issues are communicated quickly and effectively. 
  
  Related Information: 
  For more information on dependency risk in SAP Portfolio Management, please refer to the official SAP documentation here: https://help.sap.com/viewer/product/SAP_PPM_PFM/latest/en-US/f9f8d7a2b3e14c8a9f7d6b3e1c2f5d6a.html