Strategic Funding
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Definition
This capability supports defining the organization’s strategic missions and initiatives.
This capability provides the mechanism to define/manage the organization’s strategic initiatives and set financial time-phased budgets or targets against which planned and in-flight investments can be analyzed.
Business Outcomes
Strategic Planning
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We can define our organizational strategy in the form of a strategic plan and we can describe and define the elements of this strategic plan and assign ownership.
Initiative Planning
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We can define, describe and categorize strategic initiatives based on our organizational data model and attributes.
Budgeting
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We can define budgets and targets for the elements of the strategic plan that represent the investment “pot” of money for the portfolio and the benefits/ revenue targets that the portfolio must generate.
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We can support investment planning by providing the context of strategic financial targets against which demand can be analyzed and an assessment made on the ability to take on new investments.
Process Flow
Click a process step shape inside a light blue area for more information; hover for a quick view of the definition
Strategic Planning Process Steps
Defining the organizational strategic goals/funding structure takes place in the Strategies menu of Planview Enterprise One – PRM.
Initiative Planning Process Steps
This part of the process takes place in the Strategy menu of Planview Enterprise One – PRM.
Budgeting Process Steps
This part of the process takes place in the strategic financial planning area of Planview Enterprise One – PRM.
Process Step | Description |
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Create/Manage Financial Target and Budgets |
Build out the elements of the financial plans so that these budgets can be used to fund programs. The purpose of this step is to define an organization-wide strategic investment budget that will eventually be divided out between the relevant initiatives and programs, acting as the baseline for comparison against the actual cost of delivery. Organization-wide investment budgets can be defined in the financial plan at any level of the investment/strategy structure. The budget can be assigned to different business units or strategic programs, based on the investment/strategy structure. Planview Enterprise One – PRM supports both the top-down and bottom-up strategic budget planning. For top-down planning, budgets can be assigned to a level of the strategy structure on the Financial Planning Detail screen, then spread down to lower levels. For bottom-up planning, budgets are captured at the lower levels and can be summarized or rolled up to the higher levels.
![]() Financial Planning Detail - General Overview
![]() Managing account lines and editing data on the Financial Planning Detail screen
For more information, see Financial Planning Detail Screen Basics, Understanding Financial Models and Versions, Rolling Up Child Values in a Financial Plan, Spreading Values Across Children in a Financial Plan, or Summarizing Financial Planning Data. |
Outputs, Reports, and Analytics
This solution capability is supported by the following outputs, reports, and analytics.
Type | Associated Outputs, Reports, and Analytics | Description |
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Analytic | STR01 - Strategy/Program Portfolio Details | Strategy portfolio analytic that summarizes key data points relating to the strategic hierarchy—the strategic missions, objectives, and investment programs of the organization. |
Screen | Strategy Portfolio View | Helps organizations best execute a strategic plan when it touches many teams and must deliver a variety of outcomes. The screen gives you both an overview of the strategic entities in a portfolio and easy access to the details of those entities. The screen allows you to easily visualize your corporate strategic roadmap, expanding the hierarchy to include not only the programs, but also real-time project data and related outcomes. |
Dashboard | RPM Dashboard STR103 - Strategic Planning & Analysis | The Strategic Planning and Analysis dashboard empowers strategic and program managers to quickly assess their strategic plans against targets and across key factors. Managers can immediately visualize whether the latest plans meet revenue, cost, and margin targets. They can analyze cost and revenue breakdowns by missions and objectives, geographic regions, and markets. Evaluating performance against targets, incoming pipeline by region, and return by market, managers can adjust their plans to deliver a balanced portfolio across their strategies. |