What is project type in SAP PUR-PRP - Procurement Planning?

SAP Term: project type

• Component: PUR-PRP

• Component Name: Procurement Planning

• Description: An attribute that defines of what kind a project is. The values for the project type are maintained in the business configuration and could be e.g. "Kit", "Vehicle". By setting a project type, certain further settings are configured, for example the selection of scheduling templates.

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• Key Concepts: 
  Project type is a classification of a project in SAP. It is used to define the type of project and the associated processes and activities that are required for it. In the PUR-PRP Procurement Planning component, project type is used to define the procurement process for a particular project. 
  
  How to use it: 
  In order to use project type in the PUR-PRP Procurement Planning component, you must first create a project in SAP. Once the project is created, you can assign a project type to it. This will determine the procurement process that will be used for the project. 
  
  Tips & Tricks: 
  When assigning a project type to a project in SAP, make sure that you select the correct one for your needs. This will ensure that the correct procurement process is used for the project. 
  
  Related Information: 
  For more information on how to use project type in SAP, please refer to the official SAP documentation. Additionally, there are many online resources available that provide detailed instructions on how to use this feature in SAP.