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Project
Benefits
can be used for forecasting and tracking the financial benefits of project
investments.
The
Benefits
folder contains a copy of each version of the project benefits sheets
that has been published throughout the history of the project. At
any given time, only the most recently published benefits sheet is in
effect. The
current benefits sheet can be viewed by using the left side tree view
(see above) or by clicking on the Benefits
link in the Current Project Status area of the project menu (see below).
Effective Date: The date/time of when this object was created. This is set by TeamHeadquarters and cannot be changed.
Stretch Target: The incremental stretch goal for the amount by which the project might exceed the total planned benefits.
Benefit: This drop-down list is used to categorize the benefits (e.g. Growth, Margin, etc.).
Amount: The dollar amount of the budget line.
Year 1: The planned benefits for this entry in the year the project started.
Year 2: The planned benefits for this entry in year 2.
Year 3: The planned benefits for this entry in year 3.
Year 4: The planned benefits for this entry in year 4.
Year 5: The planned benefits for this entry in year 5.
Total: The sum of the Year 1 - Year 5 benefits for this entry.
Actual To-Date: The actual benefits attained to-date for this entry.
Comments: A free-form text area for describing the benefits entry. Use the Edit button to produce an input screen to enable the full comment to be seen.
Click on the desired project to open its main menu.
Click Revise beside the Benefits link on the right side of the project menu. This will open a new Benefits edit page, initialized with the most recent Benefits information.
Add new entries one at a time by filling in the top benefits line and clicking the Add button to add the new entry to the bottom of the page.
Edit any existing benefits entries (as required) at the bottom of the page.
Click the Save button.