Modeling Training Plan Budgets
|
Page Name |
Definition Name |
Usage |
|---|---|---|
|
LM_BUDGET_MODEL |
Analyze training plan budgets. |
Use the Training Plan Budget Model page (LM_BUDGET_MODEL) to analyze training plan budgets.
Navigation:
This example illustrates the fields and controls on the Training Plan Budget Model page.
Field or Control |
Description |
|---|---|
Training Plan ID |
Select a training plan ID. The system populates the fields in the Run group box based on the training plan ID that you select. These are the training plan parameters that the system uses to generate the budget model. |
Run |
Click to generate a budget model for each department associated with the training plan ID. Click this button for an existing budget model to update the current training demand so that it reflects enrollments and drops that occurred after the budget model was originally created. |
Budget Model
The fields in this group box provide an overview of how a department's training budget compares to its actual class cost.
Field or Control |
Description |
|---|---|
Name |
Displays the name of the department. |
Budgeted Amount |
Displays the budget defined for the department in the training plan. |
Currency Code |
Displays the currency used for the budget. |
Ratio |
Displays the ratio between the Total Class Costs and the Budgeted Amount. |
Total Class Costs |
Displays the system-calculated class costs for the department based on current enrollment records and learning requests. |
Budget Items: Details Tab
The Details tab of the Budget Items group box lists each item included in the Total Class Costs for the department.
Field or Control |
Description |
|---|---|
Item Type |
Displays the type enrollment record or learning request. |
Long Description |
Displays the description of the enrollment record or learning request. |
Base Cost |
Displays the base cost of the enrollment record or learning request. |
Training Demand |
Displays the system-calculated demand for the enrollment record or learning request. |
What If Demand |
Enter hypothetical demand for the enrollment record or learning request. |
Current Cost |
Displays the current cost of the enrollment record or learning request. The system calculates this cost by multiplying the Base Cost times the Training Demand. |
Budgeted Cost |
Displays the hypothetical budgeted cost of the enrollment record or learning request. The system calculates this cost by multiplying the Base Cost times the What If Demand. |
Currency Code |
Displays the currency associated with the cost of the enrollment record or learning request. |
Recalculate |
If you modify any values in the What If Demand column, click this button to recalculate the budget model based on your changes. |
Total Cost |
Displays the total of the Current Cost values for all the items contributing to the department's budget model. |
Budgeted Total Cost |
Displays the total of the Budgeted Cost values for all the items contributing to the department's budget model. |
Budget Items: Criteria and Add Criteria Tabs
The Criteria and Add Criteria (additional criteria) tabs of the Budget Items group box display the learning request criteria counts for each class included in the model. Each field represents a different learning request criteria attribute value as defined on the Learning Request Criteria page. Because learning request criteria are defined for each learning environment, the fields that appear on these tabs depend on the learning environment associated with the training plan ID selected for the model. You can edit the counts for each learning request criteria attribute value, save them, and use them for the training plan reports.
Note: To be able to view and edit learning request criteria counts on the Training Plan Budget Model page, you must have French features enabled for the learning environment associated with the model's training plan ID.