What is project dependency in SAP PPM-PFM - Portfolio Management?

SAP Term: project dependency

• Component: PPM-PFM

• Component Name: Portfolio Management

• Description: A relationship between two or more projects. With project dependencies, the start or outcome of activities in one project depends on the start or outcome of activities in another linked project. There can be multiple dependencies and the nature of the relationship between two projects is determined by the dependency type.

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• Key Concepts: 
  Project dependency is a concept in SAP Portfolio Management (PPM-PFM) that describes the relationship between two or more projects. It is used to identify the order in which projects should be completed, as well as the impact of one project on another. For example, if Project A must be completed before Project B can begin, then Project A is said to be a dependency of Project B.
  
  How to use it: 
  Project dependencies can be used to create a timeline for completing projects. This timeline can be used to plan resources and allocate tasks accordingly. In SAP Portfolio Management, project dependencies can be created by linking two or more projects together. This will allow users to view the timeline of all related projects and ensure that they are completed in the correct order.
  
  Tips & Tricks: 
  When creating project dependencies, it is important to consider the impact of one project on another. For example, if Project A requires resources that are also needed for Project B, then it may be necessary to adjust the timeline accordingly. Additionally, it is important to consider any external factors that may affect the timeline of a project, such as changes in regulations or customer requirements.
  
  Related Information: 
  For more information on project dependencies in SAP Portfolio Management, please refer to the official SAP documentation here: https://help.sap.com/viewer/product/SAP_PORTFOLIO_AND_PROJECT_MANAGEMENT/7.5/en-US