What is standalone item in SAP PPM-PFM - Portfolio Management?

SAP Term: standalone item

• Component: PPM-PFM

• Component Name: Portfolio Management

• Description: Is a regular portfolio item that is not under an initiative.

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• Key Concepts: 
  A standalone item is a type of portfolio item in SAP Portfolio and Project Management (PPM-PFM) that is not linked to any other portfolio item. It is used to represent a single project or task that does not need to be tracked in relation to other items. 
  
  How to use it: 
  Standalone items can be created in the PPM-PFM system by selecting the “Create Standalone Item” option from the main menu. This will open a form where you can enter the details of the item, such as its name, description, and any associated resources. Once the item is created, it can be tracked and managed independently from other portfolio items. 
  
  Tips & Tricks: 
  When creating standalone items, it is important to ensure that all relevant information is included in the form. This will make it easier to track and manage the item later on. Additionally, it is recommended to assign a responsible person or team to each standalone item so that progress can be monitored and reported on. 
  
  Related Information: 
  For more information on creating and managing standalone items in SAP PPM-PFM, please refer to the official documentation available on the SAP website.