Portfolio plan strategic objectives set performance goals
that are measured by using metrics for program or project evaluation
and for scenario evaluation.
About this task
Strategic objectives can be propagated to child portfolio plans that are listed in the Sub
Portfolio Plans section on the General tab. In a child-level plan, IBM® Maximo® Real Estate and Facilities copies from the parent plan objectives indicated to be
propagated. You can add objectives to the Objectives section.
Procedure
- From the Objectives section of the portfolio plan, click Add.
- Complete the Planning Objective form.
In the
Objective Details section, the fields have the following meanings:
- Objective Category establishes a grouping
of objectives. It is used for top-level aggregation during evaluation
and performance metric analysis. The result is the sum of the rating
scores for the direct child plans. By default, it is set to Strategic.
Portfolio plan strategic objectives can be used for setting performance
goals (measured by using metrics), for program/project evaluation
and for scenario evaluation.
- Objective Type establishes a subgrouping
of objectives within a category. The result is the sum of the rating
scores for the direct child plans. The standard choices are Customer, Environmental, Financial, Operational, Portfolio,
and Regulatory.
- Propagation Rule establishes whether this
planning objective is propagated to child plans. The values are All and No
Propagation.
- Default Threshold defines the appropriate
minimum and maximum range of acceptable performance for this objective.
- Importance Ranking is similar to a priority
or a weighting factor. The importance sets the relative ranking of
this objective as compared with other objectives. The values are 1
– Low, 3 – Medium, and 5 – High.
The ranking is used for scoring.
- Importance is the importance ranking.
- Click Create to add the planning
objective to the Objectives section.
- Click Save to propagate the objective
to subplans as indicated by the value of the Propagation Rule.