What is cost/revenue rate in SAP PPM-PRO - Project Management?

SAP Term: cost/revenue rate

• Component: PPM-PRO

• Component Name: Project Management

• Description: The rate for determining the costs and revenues of an activity unit in project costing. The rate is valid for a specified period of time and can be defined for a specific organizational unit.

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• Key Concepts: 
  Cost/revenue rate is a feature of SAP PPM-PRO Project Management that allows users to track the cost and revenue associated with a project. It is used to calculate the profitability of a project by comparing the cost of the project to the revenue generated from it. The cost/revenue rate is calculated by dividing the total cost of the project by the total revenue generated from it. 
  
  How to use it: 
  In order to use the cost/revenue rate feature, users must first enter all of the costs associated with a project into SAP PPM-PRO Project Management. This includes labor costs, materials costs, overhead costs, and any other costs associated with the project. Once all of these costs have been entered, users can then enter the total revenue generated from the project. The cost/revenue rate can then be calculated by dividing the total cost of the project by the total revenue generated from it. 
  
  Tips & Tricks: 
  It is important to ensure that all costs associated with a project are accurately entered into SAP PPM-PRO Project Management in order to get an accurate cost/revenue rate. Additionally, it is important to keep track of any changes in costs or revenue over time in order to get an accurate picture of a project’s profitability. 
  
  Related Information: 
  The cost/revenue rate feature can be used in conjunction with other features in SAP PPM-PRO Project Management such as budgeting and forecasting in order to get a more comprehensive view of a project’s profitability. Additionally, this feature can be used to compare different projects in order to determine which ones are more profitable.