What is 'effort point' in SAP SV-SMG-OST - Tool Set for One Service?

effort point - Overview

• Component: SV-SMG-OST

• Component Name: Tool Set for One Service

• Description: A unit of measure for estimating the effort for a work package task or requirement in a project.

effort point - Details

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  Key Concepts: 
  An effort point is a unit of measure used in the SV-SMG-OST Tool Set for One Service. It is used to measure the amount of effort required to complete a task or project. The effort point is based on the amount of time it takes to complete a task, and is calculated by multiplying the estimated time by a factor that takes into account the complexity of the task. 
  
  How to use it: 
  The SV-SMG-OST Tool Set for One Service uses effort points to estimate the amount of effort required for a task or project. To calculate an effort point, you must first estimate the amount of time it will take to complete the task. Then, you must multiply this estimated time by a factor that takes into account the complexity of the task. This factor can be determined by consulting with experts in the field or by using an online calculator. 
  
  Tips & Tricks: 
  When estimating the amount of time it will take to complete a task, it is important to be as accurate as possible. This will ensure that your effort point calculation is as accurate as possible. Additionally, it is important to consult with experts in the field when determining the complexity factor for your task. This will help ensure that your effort point calculation is as accurate as possible.