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

SAP Term: stakeholder

• Component: PPM-PFM

• Component Name: Portfolio Management

• Description: Person who has a vested interest in the success or failure of a portfolio item. Typical portfolio item stakeholders are senior executives from the various organizations impacted by the portfolio item.

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• Key Concepts: 
  A stakeholder is an individual or organization that has an interest in the success of a project or initiative. In SAP Portfolio and Project Management (PPM-PFM), stakeholders are identified and managed to ensure that their interests are taken into account when making decisions about the project. Stakeholders can include customers, suppliers, partners, and other interested parties.
  
  How to use it: 
  In SAP PPM-PFM, stakeholders can be identified and managed through the Stakeholder Management module. This module allows users to identify stakeholders, assign roles and responsibilities, and track progress. It also provides tools for communication and collaboration with stakeholders.
  
  Tips & Tricks: 
  When identifying stakeholders, it is important to consider all potential stakeholders, including those who may not be directly involved in the project but may still have an interest in its success. It is also important to keep stakeholders informed of progress and changes to the project.
  
  Related Information: 
  For more information on stakeholder management in SAP PPM-PFM, please refer to the official SAP documentation.