What is 'portfolio type' in SAP PPM-PFM - Portfolio Management?

portfolio type - Overview

• Component: PPM-PFM

• Component Name: Portfolio Management

• Description: A way to classify the area in which a portfolio is used, for example Consumer Goods CG or Information Technology IT.

portfolio type - Details

• 
  Key Concepts: 
  Portfolio type is a classification of portfolios in SAP Portfolio and Project Management (PPM-PFM). It is used to group portfolios into categories based on their purpose, such as strategic, operational, or financial. Each portfolio type has its own set of attributes and characteristics that define it. 
  
  How to use it: 
  Portfolio types are used to organize portfolios in SAP PPM-PFM. When creating a new portfolio, the user must select a portfolio type from the list of available types. This will determine the attributes and characteristics of the portfolio, such as its purpose and goals. 
  
  Tips & Tricks: 
  When selecting a portfolio type, it is important to consider the purpose of the portfolio and how it fits into the overall strategy of the organization. This will help ensure that the portfolio is properly categorized and can be easily accessed by other users. 
  
  Related Information: 
  For more information on portfolio types in SAP PPM-PFM, please refer to the official documentation on SAP Help Portal.