Revenue Planning
Revenue Planning
The Revenue Planning capability supports the planning and management of financial information connected to projects. Each capability within the Planview Capability Framework has a distinct set of features and functionality, business processes, best practices, and analytics and reports that deliver value to customers in the form of specific business outcomes.
Definition and Business Outcomes
Definition
- Supports the planning and management of all financial information connected to projects.
- Includes the mechanism to create high-level estimates and approved or baseline budgets.
- Provides snapshots of different financial data sets taken at key approval and governance points, enabling a standard for measuring project performance.
Business Outcome
We can manage project financial data in a structure that aligns with our organizational financial data model.
Business Outcome
We can forecast the costs and efforts required to deliver projects and their anticipated revenue or benefits.
Processes and Reports
Revenue planning supports the planning and management of financial information for professional services engagements. Different sets of financial data can be managed at key approval and governance points, providing a standard for measuring performance, including the creation of high-level estimates and baseline budgets. When paired with the Revenue and Cost Management capability, it allows for detailed planned reporting versus actual variance reporting.
Related Capabilities
Professional Services Resource Management
This capability supports the viewing and managing of an entire resource pool, enabling the assignment of the right resources at the right time for more efficient and profitable project delivery across all engagements.
Read moreProfessional Services Work Management
This capability provides managers the ability to develop a services work plan, view and manage all work details, define and classify risks, issues, and change requests, and standardize delivery and project templates to create repeatable engagement success.
Read moreRevenue and Cost Management
This capability supports the continuous monitoring of costs and revenue associated with professional services engagements, allowing project managers to track their margins against the original budget estimate and current revenue forecast.
Read more
Supported Solutions