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

SAP Term: demand type

• Component: PS-DMN

• Component Name: Project Demand

• Description: A subdivision of a demand category. The demand type controls the follow-up process triggered for a demand as well as the status sequence to be used for it.

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  Key Concepts: 
  Demand type is a classification of project demands in SAP Project System (PS) Demand Management (DMN). It is used to group similar demands together and to assign them to the appropriate organizational units. Demand types are used to define the characteristics of a demand, such as its priority, duration, and cost. 
  
  How to use it: 
  Demand types are created in the Demand Management (DMN) component of SAP Project System (PS). They can be assigned to organizational units and used to classify project demands. The demand type can be used to determine the priority, duration, and cost of a demand. 
  
  Tips & Tricks: 
  When creating demand types, it is important to consider the characteristics of the demand and how it will be used. For example, if a demand type is used for high-priority projects, it should have a higher priority than other demand types. 
  
  Related Information: 
  For more information on Demand Management in SAP Project System (PS), please refer to the official SAP documentation.