What is portfolio item administration in SAP PPM-PFM - Portfolio Management?

SAP Term: portfolio item administration

• Component: PPM-PFM

• Component Name: Portfolio Management

• Description: A function in the administrator role for managing portfolio items.

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• Key Concepts: 
  Portfolio item administration is a component of SAP Portfolio and Project Management (PPM-PFM). It is used to manage the lifecycle of projects and portfolios, from planning to execution. It allows users to define, prioritize, and manage projects and portfolios in order to achieve strategic objectives. 
  
  How to use it: 
  Portfolio item administration can be used to create and manage projects and portfolios. It allows users to define project goals, assign resources, track progress, and monitor performance. It also provides tools for budgeting, forecasting, and reporting. 
  
  Tips & Tricks: 
  When using portfolio item administration, it is important to ensure that all stakeholders are involved in the process. This will help ensure that projects are properly planned and executed. Additionally, it is important to keep track of project progress in order to ensure that goals are met on time and within budget. 
  
  Related Information: 
  For more information on portfolio item administration, please refer to the SAP Help Portal or contact your local SAP representative.