Full form of xRPM
Can anybody tell the full form of xRPM?
xRPM: SAP xApp Resource and Portfolio Management (SAP xRPM) is designed to manage the capacity and deployment of human capital assets across multiple projects.
SAP xRPM integrates information from existing project management, human resources, and financial systems to provide a complete overview of an organizations project portfolio with easy drilldown to details for portfolio managers, project managers, and resource managers.
In todays competitive economy, the management of resources can make or break new product launches. Delaying long-term or complex projects increases costs and diminishes productivity. To manage high-value, long-term projects, companies must minimize the risks by assigning and maintaining the right mix of human and financial capital, so an ongoing evaluation of requirements, resources, schedules, and employee capabilities is essential.
SAP xRPM Business Benefits:
With SAP xRPM, users can:
Align every project with corporate goals
Accurately calculate project risks and benefits
Mitigate project delays
Share up-to-date employee skills profiles
Pair the right people with the right projects
Better evaluate company resources
Stay abreast of all projects in the portfolio and their status
Rewards if useful..........