Example used is Energy. This shows an estimated average price for each month in the plan and is combined with the usage (multiplied) to get the values. You can edit these prices as required. You can see there is added a price of 1 for gas in most months below. The...
The ‘Save changes’ button ensures the changes made to the plan are saved for furture edits. At this stage, the values only exist in this view. To make the plan values (cost of energy and estimated unit prices) available elsewhere, they need to be submitted by clicking...
Example used is Energy. This first section in the data table is the plan (budget) numbers in the currency shown in the header. It displays in thousands (K) and in the local currency.These values cannot be edited directly. They reflect values in the next sections based...
Example used is Towels & linen Use this chart to see at a glance the general shape of your plan (blue bars) against the comparative period (gray) as pre-set and the level of guest nights planned (purple line). This enables you to see if the cost level decreases...
The charts below (Towels & linen and Energy are used in this example), displays whether your plan shows year-on-year (YoY) improvement, considering the activity levels. The plan values for each month are divided by a relevant productivity measure such as guest...
The diagram below shows the correlation between the formula elements which calculates the unit price to get the plan value you expect.In the diagram here below the forecast comes from kg from GoGreen multiplied by price per kg. Always ensure you are in the...
What is comparative data? It is a set of data that you compare 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...
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...
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...
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...