The final step creates the prepopulated pages for the budget holders to review and edit. When you press the Save button, PMI will create a set of plan pages for the period specified with the name you chose. Adjust the title to refer to it as a budget, forecast or target, as specified. It will take a copy (snapshot) of values in the Live forecast...
If direct changes are made to the plan rows, then the whole link to a usage and a price will be broken and we will not be able to prepopulate future plans correctly. The best practice is to change the unit price, if possible. The prices initially shown are estimated using historical information, and are the most likely source of any errors. If...
All data in previous months is actual data. There is no need to make an estimate for something that has already happened. If you need to make a change to the data because it is incorrect, you need to ask to have the period unlocked so that the corrections can be made. See the article Period locking for more details.Â
The plan is pre-populated from two main sources when initially created. A snapshot is taken from the Live forecast which is used to populate the predicted room nights, hours, kWh of energy, and all the productivity drivers that are a focus in the cockpits. For additional information, comparative data is used. This is typically involves adding a...
Set up and activate a new plan when you need to pick up the latest information from Live forecast. A snapshot of Live forecast is taken at the point the plan is created. While you can submit a plan to cockpits at any point to pick up the latest pricing in cockpit targets and cost forecasts this will not incorporate new updates to Live...
It is a fancy name for a set of data you are comparing your draft plan against.  The dataset shown under comparative data is also used to calculate other elements of your new plan.  Look for ‘based on comparative data’ in a section header like this: Comparative data is often just last year’s actual costs for the department and cost type we are...