What is threshold value in SAP PPM-PRO - Project Management?

SAP Term: threshold value

• Component: PPM-PRO

• Component Name: Project Management

• Description: A requirement for an object that is checked in the evaluation. If the object meets the requirement, the system displays the icon of the severity that is assigned to the threshold value in the evaluation. &EXAMPLE& In the project, you can define that a Yellow traffic light appears if the date for a project element passed up to one week ago. Red traffic light appears if the date for a project element passed more than one week ago.

Smart SAP Assistant

• Key Concepts: 
  Threshold value is a feature in SAP PPM-PRO Project Management that allows users to set a limit on the amount of time or resources that can be allocated to a project. This limit is referred to as the threshold value. If the project exceeds the threshold value, it will be flagged for review and corrective action may be taken.
  
  How to use it: 
  To set a threshold value, users must first define the parameters of the project, such as the budget, timeline, and resources. Once these parameters are set, users can then set a threshold value for each parameter. If any of the parameters exceed the threshold value, an alert will be triggered and corrective action may be taken.
  
  Tips & Tricks: 
  It is important to set realistic threshold values that are achievable within the given parameters of the project. Setting too low of a threshold value may result in an alert being triggered unnecessarily, while setting too high of a threshold value may result in the project exceeding its budget or timeline.
  
  Related Information: 
  For more information on setting and managing threshold values in SAP PPM-PRO Project Management, please refer to the official SAP documentation.