Metric A user-specific key figure for which you can define different metrics value types, such as
planned
,
actual
, or
target
. Metrics can be entered manually or calculated by the system.
A metric is used as a measure without unit for a property, for example, in project charters, portfolio items, and initiatives, to define key figures that, for example, show the financial situation or the progress of a project charter or initiative.
Metrics can be quantities, currencies, floating-point values, or dates that were entered manually. You can also allow the system to calculate metrics from key figures of the object in question -
portfolio item
or
initiative
. To calculate metrics, you must have assigned a key figure definition to a metric in Customizing for
Metrics Management
.
Examples of metrics are launch costs, probability of commercial success, net present value, actual financial figures, and so on.