What is requested budget/resources in SAP PPM-PFM - Portfolio Management?

SAP Term: requested budget/resources

• Component: PPM-PFM

• Component Name: Portfolio Management

• Description: The aggregated budget and resource demand for a bucket hierarchy. This amount can still change after top-down/bottom-up negotiations.

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• Key Concepts: 
  Requested budget/resources is a term used in SAP Portfolio Management (PPM-PFM) to refer to the amount of money and resources that a project or initiative requires in order to be completed. This includes both the initial budget and any additional resources that may be needed during the course of the project. 
  
  How to use it: 
  When creating a project or initiative in SAP Portfolio Management, the user will need to specify the requested budget/resources for the project. This will include both the initial budget and any additional resources that may be needed during the course of the project. The user will also need to specify any constraints or limitations on the budget/resources, such as a maximum amount that can be spent or a timeline for when certain resources must be acquired. 
  
  Tips & Tricks: 
  When specifying the requested budget/resources for a project, it is important to be as accurate as possible. This will help ensure that the project is completed within its allotted budget and timeline. It is also important to consider any potential risks or contingencies that may arise during the course of the project, as these may require additional resources or funds. 
  
  Related Information: 
  For more information on requested budget/resources in SAP Portfolio Management, please refer to SAP’s official documentation on PPM-PFM Portfolio Management.