Implementing Project Portfolio Management: From Organization Structure to Recognized Revenue · Module 9 · Project Plan Types and Financial Plan Types
Generation options
Lesson 96 of 198 · 13 min
Select budget generation options — how a plan version is created from a source. Show generating a financial plan from the project plan, then generating a forecast from actuals plus remaining plan. Set the options governing what is included and how it is summarized, generate a version and review it, then show a manually created version for contrast. GENERATION FROM ACTUALS PLUS REMAINING PLAN IS THE STANDARD FORECAST PATTERN — and the reason forecasting is manageable at all. Generation options determine how much manual work a monthly forecast cycle takes. Getting them right is the difference between a forecast that happens and one that does not. Manual plans are legitimate for small or unusual projects.
The full lesson is part of the course
The video, the complete written lesson and the module quiz are included in Implementing Project Portfolio Management: From Organization Structure to Recognized Revenue, with a certificate on completion and a fourteen-day refund window.