There is a botton in PPM portfolio that works to move Items between buckets. Nevertheless, we want to know if there is a program o transaction to replace this functionality. The idea is to move in batch several items quickly.
Try Function module /rpm/item_modify to change the bucket.
When you move the item to another bucket from item dashboard, method ACTION_REASSIGN_BUCKET of class /RPM/CL_ITEM_D_API is called. You can use this method also to move the items.
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