What is scoreboard in SAP PPM-PFM - Portfolio Management?

SAP Term: scoreboard

• Component: PPM-PFM

• Component Name: Portfolio Management

• Description: A tool that supports decision making in portfolio reviews. The scoreboard enables you to maximize the value of the portfolio against one or more business objectives and displays portfolio items as a ranked list.

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• Key Concepts: 
  Scoreboard is a feature of SAP Portfolio and Project Management (PPM-PFM) that provides a graphical representation of project performance. It allows users to quickly identify areas of improvement and take corrective action. The scoreboard displays project performance metrics such as budget, timeline, and resource utilization in an easy-to-understand format.
  
  How to use it: 
  To use the scoreboard, users must first select the project they wish to view. Once selected, the scoreboard will display the project’s performance metrics in a graphical format. Users can then compare the project’s performance against its goals and objectives.
  
  Tips & Tricks: 
  When using the scoreboard, it is important to remember that it is only as accurate as the data that is entered into it. Therefore, it is important to ensure that all data is accurate and up-to-date in order to get the most out of the scoreboard. Additionally, users should take into account any external factors that may affect the project’s performance when interpreting the scoreboard’s results.
  
  Related Information: 
  The scoreboard feature is part of SAP Portfolio and Project Management (PPM-PFM). For more information on PPM-PFM, please visit SAP’s website at https://www.sap.com/products/ppm-pfm.html.