What is project type in SAP SRD-PRO-PMN - PRO-Project Management?

SAP Term: project type

• Component: SRD-PRO-PMN

• Component Name: PRO-Project Management

• Description: The grouping of projects according to common characteristics such as goal and method. Examples of project types are development, investment, overhead, and sales and marketing.

Smart SAP Assistant

• Key Concepts: 
  Project type is a classification of projects in SAP that helps to differentiate between different types of projects. It is used to define the characteristics of a project, such as its duration, budget, and resources. It also helps to determine the project's workflow and the tasks that need to be completed. 
  
  How to use it: 
  In SAP, project types are created in the SRD-PRO-PMN PRO-Project Management component. This component allows users to create and manage project types, assign them to projects, and track their progress. Users can also customize project types by adding additional fields or changing existing fields. 
  
  Tips & Tricks: 
  When creating a project type in SAP, it is important to consider the specific needs of the project. This will help ensure that the project type is tailored to the specific requirements of the project and will help ensure that all tasks are completed in a timely manner. 
  
  Related Information: 
  For more information on creating and managing project types in SAP, please refer to the official SAP documentation. Additionally, there are many online resources available that provide tutorials and tips on how to use SAP for project management.