The first step in both basic and advanced planning for a portfolio is
to select the fiscal period for the data you want to work with. Next, you set the target
amounts for both operating and capital expenses.
Typically, the target amount is provided by the steering committee or the
investment committee. Based on the actual amount spent in the last fiscal year, the
target for the planned fiscal year can be 110% of the last year spent amount. The target
is the starting point for planning projects for the next fiscal year.
Role required: it_portfolio_manager
Set the Portfolio
Planning field to Simple or
Advanced on the Portfolio form for the
target can also be set with ITFM Budget Targets. The target defined in ITFM
can also be modified in portfolio workbench.
The budget target appears in step 1. You can click the target amount to revise
Access the Portfolio workbench and open the portfolio for
which you want to perform the planning.
In the Fiscal Year choice list, select the year for
which you want to perform the planning. You can perform financial planning for
only one fiscal period at a time.
Click Set Target under Step 1: Set
Enter the amounts for Capex Target and Opex
- If target has been set in Budget Targets (in ITFM),
they are defaulted and you can override the values from portfolio
form / workbench.
- The value of currency is derived from the currency property
If the property is not set, then the currency is derived from the
global currency of the instance.