What is Monitor Project Progress in SAP PPM - Portfolio and Project Management?

SAP Term: Monitor Project Progress

• Component: PPM

• Component Name: Portfolio and Project Management

• Description: This app allows the project manager to track the schedule and progress of a project, either on a regular basis or in response to certain events, and to focus on the most important project issues.

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• Key Concepts: 
  Monitor Project Progress is a feature of SAP Portfolio and Project Management (PPM) that allows users to track the progress of their projects. It provides a comprehensive overview of the project’s progress, including tasks, milestones, and budget. It also allows users to compare the actual progress against the planned progress. 
  
  How to use it: 
  To use Monitor Project Progress, users must first create a project in SAP PPM. Once the project is created, users can access Monitor Project Progress from the project’s main page. From there, users can view the project’s progress in terms of tasks, milestones, and budget. They can also compare the actual progress against the planned progress. 
  
  Tips & Tricks: 
  It is important to regularly monitor the progress of your projects in order to ensure that they are on track and that any potential issues are identified and addressed quickly. Additionally, it is important to regularly review the actual progress against the planned progress in order to identify any discrepancies or areas for improvement. 
  
  Related Information: 
  For more information on Monitor Project Progress in SAP PPM, please refer to the official SAP documentation here: https://help.sap.com/viewer/product/SAP_PPM/7.5/en-US/f9f8d3a2b6c14e8a9f7d3e2b3c9f4d1a.html