What is construction area in SAP RE-RER - Real Estate Residential Solution?

SAP Term: construction area

• Component: RE-RER

• Component Name: Real Estate Residential Solution

• Description: An area to measure and estimate costs related to the construction of a building.

Smart SAP Assistant

• Key Concepts: 
  Construction area is a component of the RE-RER Real Estate Residential Solution from SAP. It is a tool that helps manage the construction process of residential properties. It allows users to track and manage the progress of construction projects, from planning to completion. It also provides an overview of the entire project, including costs, materials, and labor. 
  
  How to use it: 
  The Construction Area component of the RE-RER Real Estate Residential Solution can be used to plan and manage construction projects. It provides users with an overview of the entire project, including costs, materials, and labor. Users can also track the progress of each project and make adjustments as needed. Additionally, users can access reports and analytics to gain insights into their projects. 
  
  Tips & Tricks: 
  When using the Construction Area component of the RE-RER Real Estate Residential Solution, it is important to keep track of all changes made to the project. This will help ensure that all changes are accounted for and that the project is completed on time and within budget. Additionally, it is important to regularly review reports and analytics to gain insights into how the project is progressing. 
  
  Related Information: 
  The Construction Area component of the RE-RER Real Estate Residential Solution is part of a larger suite of tools from SAP designed for managing real estate projects. Other components include Property Management, Lease Administration, and Financials & Accounting. Additionally, SAP offers a range of services and support for customers using its real estate solutions.