Google recently announced new feature for monitoring called ‘Campaign Groups‘. On Tuesday Google officially announced release of Campaign Groups globally.
You can find this feature on the left side bar just above Shared Library. This feature let you monitor campaign performance. AdWords advertisers can choose to set clicks or conversions, spend and Avg. CPC or Avg. CPA target. You can set the target under campaign groups and can monitor how your campaign is performing against the target you have set.
This feature is ONLY for monitoring and reporting purpose, this feature doesn’t effect the performance of the campaign.