What is portfolio prioritization scenario in SAP PPM-PFM - Portfolio Management?

SAP Term: portfolio prioritization scenario

• Component: PPM-PFM

• Component Name: Portfolio Management

• Description: A set of prioritized projects. Portfolio prioritization scenarios enable you to prioritize projects by aligning them with your company's critical success factors CSFs and distributing project resources accordingly. To create a portfolio prioritization scenario, you define your critical success factors, weigh them against each other, and select the projects to prioritize.

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• Key Concepts: 
  Portfolio prioritization scenario is a feature of SAP Portfolio and Project Management (PPM-PFM) that allows users to prioritize projects and portfolios based on their strategic objectives. It enables users to compare different portfolios and projects against each other, and then prioritize them based on their strategic objectives. This helps users to make informed decisions about which projects and portfolios should be given priority. 
  
  How to use it: 
  To use the portfolio prioritization scenario feature, users must first define their strategic objectives. This can be done by setting up a portfolio or project hierarchy, or by creating a custom portfolio or project template. Once the objectives have been defined, users can then compare different portfolios and projects against each other. They can then prioritize them based on their strategic objectives. 
  
  Tips & Tricks: 
  When using the portfolio prioritization scenario feature, it is important to ensure that all of the data used in the comparison is accurate and up-to-date. This will help ensure that the results of the comparison are reliable and can be used to make informed decisions about which projects and portfolios should be given priority. 
  
  Related Information: 
  The portfolio prioritization scenario feature is part of SAP Portfolio and Project Management (PPM-PFM). It is also related to other features such as project planning, resource management, budgeting, and reporting. For more information about these features, please refer to the SAP PPM-PFM documentation.