What is demand status in SAP PS-DMN - Project Demand?

SAP Term: demand status

• Component: PS-DMN

• Component Name: Project Demand

• Description: The current stage in the lifecycle of a project demand. A project demand can have the status "Created", "Requested", or "Closed", for example.

Smart SAP Assistant

• Key Concepts: 
  Demand status is a feature of SAP's Project Demand Management (PS-DMN) component. It is used to track the progress of a project and its associated tasks. It allows users to assign a status to each task, such as "in progress," "completed," or "on hold." This helps project managers keep track of the progress of their projects and ensure that tasks are completed on time.
  
  How to use it: 
  To use demand status, users must first create a project in the PS-DMN component. Once the project is created, users can assign tasks to it and assign a status to each task. The status can be changed at any time, allowing users to keep track of the progress of their projects.
  
  Tips & Tricks: 
  When assigning statuses to tasks, it is important to be consistent. This will help ensure that all tasks are tracked accurately and that project managers have an accurate view of the progress of their projects. Additionally, it is important to regularly review the statuses of tasks to ensure that they are up-to-date and accurate.
  
  Related Information: 
  For more information on demand status and other features of SAP's Project Demand Management component, please refer to the official SAP documentation.