Do you have any question about this SAP term?
Stop Googling SAP errors. Use our Free Essentials plan instead - instant AI help, no credit card needed. Start Now →
Component: PPM-PFM
Component Name: Portfolio Management
Description: The budget and resources resulting from the portfolio negotiation process.
Key Concepts: Planned budget/resources is a feature of SAP Portfolio and Project Management (PPM-PFM) that allows users to plan and manage their budget and resources. It enables users to create a budget plan for their projects, assign resources to tasks, and track the progress of their projects. How to use it: To use the planned budget/resources feature, users must first create a project plan. This includes setting up tasks, assigning resources, and setting a budget. Once the project plan is created, users can then assign resources to tasks and track the progress of their projects. They can also adjust the budget as needed. Tips & Tricks: When creating a project plan, it is important to consider the cost of resources and the timeline of the project. This will help ensure that the project is completed on time and within budget. Additionally, it is important to monitor the progress of the project regularly to ensure that it is on track. Related Information: For more information about SAP Portfolio and Project Management (PPM-PFM), please visit https://www.sap.com/products/ppm-pfm.html. Additionally, there are many online tutorials available that provide step-by-step instructions on how to use the planned budget/resources feature.