What is phase cycle in SAP SV-SMG-CM - Change Request Management?

SAP Term: phase cycle

• Component: SV-SMG-CM

• Component Name: Change Request Management

• Description: Type of change cycle that supports phase-driven development and independent import of changes.

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• Key Concepts: 
  Phase Cycle is a feature of the Change Request Management (CRM) component of SAP. It is used to define the different stages of a change request, from initiation to completion. It also allows users to track the progress of a change request and ensure that all necessary steps are taken before it is approved. 
  
  How to use it: 
  The Phase Cycle feature of CRM can be used to create a workflow for change requests. This workflow can be customized to fit the specific needs of an organization. Each phase in the cycle can be assigned a set of tasks that must be completed before the change request can move on to the next phase. The progress of each change request can then be tracked and monitored using the Phase Cycle feature. 
  
  Tips & Tricks: 
  When creating a Phase Cycle for a change request, it is important to consider the specific needs of the organization and ensure that all necessary steps are included in the workflow. Additionally, it is important to ensure that each phase has clear objectives and that all tasks associated with it are completed before moving on to the next phase. 
  
  Related Information: 
  For more information about Change Request Management and Phase Cycle, please refer to SAP's official documentation at https://help.sap.com/viewer/product/SAP_S4HANA_CLOUD/1905/en-US/f8d7f9a3e2b14c8a9f3d7c2b6d5f9e1a.html