What is simulation in SAP PPM-PRO - Project Management?

SAP Term: simulation

• Component: PPM-PRO

• Component Name: Project Management

• Description: A version that can be modified. A simulation enables you to carry out various "what-if" scenarios to get an idea of how certain changes to the project or item will affect it. You can compare the data from a simulation with that of an operational project or item.

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• Key Concepts: 
  Simulation in SAP PPM-PRO Project Management is a tool that allows users to simulate the effects of changes to a project before they are implemented. It allows users to test different scenarios and see how they would affect the project’s timeline, budget, and resources. This helps users make informed decisions about their projects and ensure that they are making the best use of their resources.
  
  How to use it: 
  To use simulation in SAP PPM-PRO Project Management, users must first create a project plan. Once the plan is created, users can then use the simulation tool to test different scenarios. The tool will show users how changes to the project plan would affect the timeline, budget, and resources. Users can then make adjustments to the plan accordingly.
  
  Tips & Tricks: 
  When using simulation in SAP PPM-PRO Project Management, it is important to remember that the results of the simulation are 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 before running a simulation. Additionally, it is important to remember that simulations are only as good as the assumptions that are made when running them. Therefore, it is important to make sure that all assumptions are reasonable and realistic when running a simulation.
  
  Related Information: 
  For more information on simulation in SAP PPM-PRO Project Management, please refer to the official SAP documentation or contact your local SAP representative. Additionally, there are many online resources available that provide tutorials and tips on how to use simulation in SAP PPM-PRO Project Management.