Overview - Predictive Analytics Model Training - R&D/Engineering (2Y7)
With this scope item, the customers can utilize the embedded predictive analytics functionality in the SAP S/4HANA - R&D/Engineering scenarios such as PLM, EPPM, and so on. It includes parameter selection in predictive model training and activation. The use case for project cost forecasting in EPPM scenarios leverages the embedded predictive modeling.
Benefits
This process helps you to:
Leverage out-of-the-box predictive model for the project management in EPPM
Predict project budget overruns with better forecasting based on historical information on similar projects
Adjust the allocated budgets to the various projects
Get more reliable planning during the project budgeting and management
Key Process Steps Covered
Train a predictive model for project cost forecasting with available data
Identify the project costs by leveraging the embedded predictive model
Update the enterprise project management processes with predictions
