Financial planning views

Financial Planning View

Financial Planning is a spreadsheet-like view that can be accessed as a Project Details view by users who have Financial Permissions

A Financial Planning view is both a report and a workbench.  

Below you can see the complete view:

Financial_Planning_Screen.png

You can collapse the left-side panel to expose more time phases on the screen.

For more information regarding the benefits of this enhancement please click here: Collapsible Panel

Collapsible_FP_field1.PNG

 

 

Accessing Financial Planning view

Once you, or any Admin with Financial Permissions, have created a Financial Planning view you can select it from the View Navigator.  As you increase your familiarity with the Financial Planning feature and determine which fields are most relevant to you, you can further personalize the view by selecting specific fields to display.  For more information please click here: Field Picker

 

Creating a Financial Planning View

Creating_Financial_Planning_view.png

 

Selecting a Financial Planning View in View Navigator

Selecting_Financial_Planning_view.png

 

 

Financial Planning view elements

The 4 main elements of the view are:

  1. Work Plan (WBS)
  2. Related Labor and Non-Labor Resources
  3. Time Periods (months, quarters, years)
  4. Project Summary Mode

Financial_Planning_View.png

 

Actual Cost Fields

Actual Cost rollup fields are now included which aggregate:

  1. Actual Cost Labor - from timesheets
  2. Actual Cost Non-Labor - from Non Labor Resources monthly amounts 
  3. Actual Cost CAPEX - from Capex Non-Labor and timesheets on Work Items with Expense Type "Capex"
  4. Actual Cost OPEX - from Opex Non-Labor and timesheets on Work Items with Expense Type "Opex"

Budget Cost Fields 

4 standard fields to give you insight into the total planned spend in your project’s Budgeted Cost. 

  1. Budget Cost Labor
  2. Budget Cost Non-Labor
  3. Budget Cost CAPEX
  4. Budget Cost OPEX

The view below contains the Actual vs. Budget costs of your project financials.

FP_Actuals_vs_budget_costs.PNG

To learn more about the benefits of this feature in your view please click: Budget Costs for WorkItems

Benefits:

Budget Conflict Indicators

Your views provide great detail regarding the Financial Planning of your project in addition to built-in indicators to help you stay on track.  

FP_Conflict_indicator.PNG

The icon in the top right corner of your column mark that there is a discrepancy in financial allocation.  
To learn more please click: Conflict Indicators

Templates

 To save valuable time when creating project templates, we have personalized the template options to account for Financial Planning needs.
For more information please click: Templates

 

 

 

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