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

SAP Term: demand status group

• Component: PS-DMN

• Component Name: Project Demand

• Description: A set of project demand statuses that reflect the lifecycle of a project demand. The status group defines the permitted statuses and their sequence. Different status groups can be assigned to different demand types.

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• Key Concepts: 
  Demand status group is a feature of SAP Project System Demand Management (PS-DMN) that allows users to assign a status to a project demand. This status can be used to track the progress of the demand and to determine when it should be completed. The status can also be used to control access to the demand, as certain statuses may require additional authorization before changes can be made. 
  
  How to use it: 
  To assign a demand status group, users must first create a demand status group in the system. This is done by navigating to the Demand Status Group tab in the Demand Management configuration screen. Once the group is created, users can assign a status to each demand by selecting it from the drop-down list in the Demand Status field. 
  
  Tips & Tricks: 
  It is important to note that the demand status group is not automatically updated when changes are made to the demand. Users must manually update the status of each demand in order for it to reflect any changes that have been made. Additionally, users should ensure that they have the appropriate authorization before making any changes to demands with restricted statuses. 
  
  Related Information: 
  The demand status group is closely related to other features of SAP Project System Demand Management, such as project phases and project activities. These features can be used in conjunction with the demand status group to further track and control access to project demands.