What is what-if scenario in SAP PPM-PFM - Portfolio Management?

SAP Term: what-if scenario

• Component: PPM-PFM

• Component Name: Portfolio Management

• Description: A set of portfolio items grouped together for simulation purposes. What-if scenarios enable you to group portfolio items together in order to simulate the impact of changes by varying attributes such as budget, time, and resources.

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• Key Concepts: 
  A what-if scenario is a type of analysis used in SAP Portfolio Management (PPM-PFM) to simulate the potential outcomes of a project or portfolio. It allows users to explore different scenarios and make decisions based on the results. The what-if scenario feature allows users to adjust parameters such as budget, resources, and timeline to see how changes would affect the project or portfolio.
  
  How to use it: 
  To use the what-if scenario feature in SAP Portfolio Management, users must first create a project or portfolio. Once the project or portfolio is created, users can then adjust parameters such as budget, resources, and timeline to see how changes would affect the project or portfolio. The results of the what-if scenario can then be used to make decisions about the project or portfolio.
  
  Tips & Tricks: 
  When using the what-if scenario feature in SAP Portfolio Management, it is important to remember that the results are only as accurate as the data entered into the system. Therefore, it is important to ensure that all data is accurate and up-to-date before running a what-if scenario. Additionally, it is important to remember that a what-if scenario is only a simulation and does not guarantee actual results.
  
  Related Information: 
  For more information about using the what-if scenario feature in SAP Portfolio Management, please refer to the official SAP documentation. Additionally, there are many online tutorials and videos available that provide step-by-step instructions on how to use this feature.