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

SAP Term: portfolio item owner

• Component: PPM-PFM

• Component Name: Portfolio Management

• Description: The person responsible for the execution of the portfolio item. Portfolio items are executed mainly in the operational layer. Since Resource and focuses on the strategic layer, the portfolio item owner performs the following steps: Creates portfolio items in the system Enters financial data from forecasting, planning, and execution of items Executes on decisions handed down from portfolio reviews

Smart SAP Assistant

• Key Concepts: 
  Portfolio item owners are responsible for the successful delivery of a portfolio item. They are responsible for the overall success of the item, including its budget, timeline, and quality. They are also responsible for ensuring that the item meets its objectives and is delivered on time. 
  
  How to use it: 
  Portfolio item owners are responsible for managing the portfolio item from start to finish. This includes setting up the project plan, assigning tasks to team members, monitoring progress, and ensuring that the item is delivered on time and within budget. They also need to ensure that the item meets its objectives and is of high quality. 
  
  Tips & Tricks: 
  It is important for portfolio item owners to stay organized and keep track of all tasks related to the portfolio item. They should also be proactive in communicating with team members and stakeholders to ensure that everyone is on the same page. 
  
  Related Information: 
  Portfolio item owners are part of a larger team that includes project managers, product owners, and other stakeholders. It is important for them to work together in order to ensure that the portfolio item is successful.