What is demand in SAP PPM - Portfolio and Project Management?

SAP Term: demand

• Component: PPM

• Component Name: Portfolio and Project Management

• Description: An entity that specifies the service, material or resource requirements of a project.

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• Key Concepts: 
  Demand in SAP PPM Portfolio and Project Management is the total amount of work that needs to be done in order to meet a customer's requirements. It is the sum of all the individual tasks and activities that need to be completed in order to deliver a successful project. Demand can be broken down into different categories such as project demand, resource demand, and financial demand. 
  
  How to use it: 
  Demand in SAP PPM Portfolio and Project Management can be used to identify the total amount of work that needs to be done in order to meet a customer's requirements. It can also be used to prioritize tasks and activities, allocate resources, and track progress. Additionally, it can be used to identify potential risks and issues that may arise during the project. 
  
  Tips & Tricks: 
  When using demand in SAP PPM Portfolio and Project Management, it is important to ensure that all tasks and activities are accurately identified and tracked. Additionally, it is important to ensure that resources are allocated appropriately and that progress is monitored regularly. 
  
  Related Information: 
  For more information on demand in SAP PPM Portfolio and Project Management, please refer to the official SAP documentation. Additionally, there are many online resources available that provide additional information on this topic.