STR04 - Strategy/Program Financial Health
- STR04 - Strategy/Program Financial Health
- STR31 - Strategic Portfolio Cost and Benefit Analysis
- STR32 - Strategic Portfolio Financial Performance
- STR33 - Strategic Initiative Pipeline Matrix
- STR34 - Strategic Portfolio Investment Risk and Reward
- STR51 - Strategy Portfolio Associated Work Matrix
- STR52 - Strategy Portfolio Associated Work Balance
Strategic Financial Plan: For More Information
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Overview
Based on an approved financial baseline and the current forecast to complete, this exception based analytic identifies program that are financially out of tolerance and are forecasting an over or under run on approved baseline budget.
Business Outcomes
- Identify programs and strategic initiatives that are forecasting a financial exception and take mitigating actions.
- Establish robust baselining and forecasting processes to ensure that program budgets can be controlled.
- Identify programs that are forecasting a cost under run and determine whether this funding may be leveraged elsewhere.
Supporting Capabilities
- Strategic Financial Planning
Administration: User Parameter Configuration
Parameters | Description | Configuration Options | Default/Example Settings |
Start/End Period | Based on the fiscal calendar periods | The fiscal time period range used in the financial summarization depends on the user parameters for the Start and Finish Periods. | No defaults available |
Separate Projects with No Baseline? | Option to include, or include in a separate table, projects that don’t yet have a financial Plan baseline (Baseline version value =0) | Default for positioning of projects with no baseline. Options are: Bottom, Top, No | separate_no_baseline=Bottom |
Select Target Currency | Display currency | Can only be changed in a multi-currency environment | Default will be the User’s currency as defined in (User menu / Preferences / Financial and Investment Planning / Currency). If no preference is set, then it will use the system default currency. ☑ Added on v2.2.0.0 For all versions prior, it will use the system default currency. |
Financial Category | Ability to choose between financial categories | Defaults is 'Cost' | Defaults can not be changed |
Account Types | Options to set the default account types that are selected. Each selection is a separate entry in the configuration structure | Options are the sequence ID of the account type (ACTP$BEN, ACTP$CAP, etc). You cannot mix benefit accounts and cost accounts. | account_type=ACTP$CAP account_type=ACTP$EXP account_type=ACTP$LAB |
Working/Baseline Versions: | Option to select financial versions for comparison | By default this report uses the Primary Work Financial Model and the Forecast and Baseline version flags. The user is able to select different versions. | Defaults can not be changed |
Administration: Hidden Parameter Configuration
Parameters | Description | Configuration Options | Default/Example Settings |
Table Columns | Two grouped columns before the strategy name. Four optional columns after the strategy name | It is recommended that SBS parent levels are used in the first two columns. It is recommended that the later four columns are used for key status and/or responsibility attributes |
sbs_level_2_strategy sbs_level_3_strategy com_pln_start_strat com_pln_finish_strat assoc_work_strategy |
Alternate Financial Plan |
It is possible to show data from an alternative financial model through the global default overrides section of the RPM report configuration structure | By default this report will use the work financial plan model that is marked as primary. This behavior can be overridden by creating an entry in the Global Default Overrides section for an alternative financial plan model ID. | Global Default Overrides section of the RPM report configuration structure
def_prj_model_id=xx where xx = the model ID |
Override Financial Model | Ability to override the default financial model for the report | To override the financial model simply add the syntax under parameter defaults: model_id=x (where x is the id of the model) |
Report will reference financial data from the default model until the syntax is specifically added. |
Report Title | Configurable report title that appears at the top of the report. | If a longer report title is required, then create additional report_title=xxx entries and these will be concatenated together based on the order in which they are listed in the configuration structure. | report_title=Strategy Portfolio Financial Health |
Additional Information
The data displayed is from the strategy financial plan and is therefore dependent upon the financial plan load process and all upstream processes such as progression and daily tables
Technical/Database Information
Report (RDL) Location | …/Reports/RPM_PROD/Strategy_RPM/RPM-STR04/RPM-STR04_v2.rdl |
Database | This report uses the transactional database and updates will be real-time. |
Report Developer Info | RPM-STR04_v2 RDL is a derivative of the FM04 RDL |