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Hello everyone. I want to give you an introduction how PLM change management is handled and SAP S4 hana, the following functionalities are available in S4 hana on-premise, starting with released 2020 FPS one, as well as some cloud systems starting with S4 hana Cloud edition 2111. In this video, I want to give you an overview of how the setup of change cycle types is working. I will first show some slides and then jump into the system for a life table. Please note that we have used the latest S4 hana on-premise system, which is currently shipped to our customers. It tests the state of S4 hana 2021 if p is 0. Does setting up of the train track of types is mainly part of the basic settings when setting up your system. Change cycle types are putting all the different kinds of functionalities together into one framework. Therefore, you need to think about your business process before you decide which kind of functionalities you want to cover for which change record type. One of the first p