Create a non-monetary benefit plan for a project

Create a non-monetary benefit plan to specify the estimated benefit in a category spanning one or more fiscal periods. Project benefit plans capture the potential non-financial benefits accrued by the project when the project is executed.

Before you begin

Role required: it_project_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: April and FY16: May. The Non-monetary Benefit Plan Breakdowns related list shows the aggregated benefits for estimated and actual non-financial benefits for each fiscal period for the project.

Procedure

1. Navigate to All > Project > Projects > All.

2. Open the required project.

3. Select the Non-monetary Benefit Plans related list.

4. To create a non-monetary benefit plan, select New.

5. On the form, fill in the fields.

   For more information, see Non-monetary benefit plans form.

   Note: When you move the project or the milestone date, the associated benefit plans also change accordingly based on whether the benefit plan is tied to the project start date, end date, or one of the project milestones. The project property Change Resource Plan, Cost Plan and Benefit Plan Start Date with Demand or Project Start Date Change controls the behavior for project date changes.

6. Select Submit.

What to do next

• On the Benefit Plan form, view the benefit breakdown by fiscal period in the Non-monetary Benefit Plan Breakdowns related list.

• Associate monetary and non-monetary benefit plans, so that you can capture the potential benefits (financial and non-financial) accrued by the project for the hybrid benefit plans.

• Update a non-monetary benefit plan breakdown for a project
  Update a non-monetary benefit plan breakdown record that specifies the estimated and actual benefits, at a granular level, for specific fiscal periods.

Parent Topic:Starting a project

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Update a non-monetary benefit plan breakdown for a project