What is included in model management capabilities?

Model management capabilities primarily focus on the organization's ability to organize and maintain various aspects of its planning model. Managing levels and attributes is a fundamental part of this process because it directly impacts how data is structured and accessed within the planning environment.

Levels and attributes define the granularity and categories of the data being analyzed, allowing for better segmentation and reporting. By effectively managing these elements, organizations can ensure that their models are scalable and adaptable to changing business needs while also maintaining data integrity and accuracy. This capability is crucial for ensuring that the model reflects the organization’s current state and supports various analytical tasks, such as forecasting and scenario modeling.

The other options involve important functionalities but do not fall directly under model management. Creating global assumptions pertains more to overarching definitions that guide model behavior rather than the structural framework itself. Updating user permissions relates to access control and governance rather than the management of the model's content and its attributes. Generating complex formulas is a technical capability that enhances model functionality but does not encompass the essential task of system-level organization that model management entails.