Create a non-monetary benefit plan for a demand

Create a non-monetary benefit plan to specify the estimated non-monetary benefit in a category for a fiscal period. Demand benefit plans capture the potential benefits accrued by the demand when the demand is executed.

Before you begin

Role required: it_demand_manager

About this task

The non-monetary benefit plan breakdown records are automatically created when you save the benefit plan by selecting Automatic or Manual in the Breakdown Type field. The non-monetary benefit plan breakdown records specify the estimated and actual non-financial benefits at a granular level for specific fiscal periods, such as FY16: M04 and FY16: M05. The Non-monetary Benefit Plan Breakdowns tab shows the aggregated benefits for estimated and actual non-financial benefits for each fiscal period of the demand.

Note:

Converting a demand to a project or EAP entity transfers the benefit plan from the demand to the target project or EAP entity.

Procedure

1. Navigate to Workspaces > Strategic Planning Workspace.
2. Select the Demands icon .
3. Open a demand from the List page.
4. Select Details from the navigation menu.
5. Select the Non-monetary Benefit Plans tab.
   Note:

   If the Non-monetary Benefit Plans tab isn't visible, select More > Non-monetary Benefit Plans.
6. Select New.
7. On the Benefit Plan form, fill in the fields.
   For more information on field values, see Non-monetary benefit plan form.
8. Select Save.

What to do next

Associate monetary and non-monetary benefit plans, so that you can capture the potential benefits (financial and non-financial) accrued by the demand for the hybrid benefit plans. For more information, see Associate monetary and non-monetary benefit plans.