Requires the following solutions to be installed:
- Headcount Enablement (677f94f4-e45f-455e-b441-38a9f1ca5ea6)
- Person (User) Blended Rate (3110b8db-01a3-475a-89c3-08849e556683)
- Working Days (7fe5edc0-360f-4fca-9eec-05d754a89fe8)
Can be extended with the following solution:
- Proposed Budget based on Headcount (554b7246-c1fb-412e-abc1-86a918814c04)
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Solution Overview
The solution enables the calculation of Headcount Forecasted Cost based on Blended Rate (for Job Profile / Location combinations) and the Count of people needed for the Year defined. It can be used to calculate Forecasted Costs for Headcounts to see the Forecasted Cost of a Portfolio Epic, or/and used for Portfolio Epic Proposed Budget.
Forecasted Cost is calculated based on the following formula:
- Forecasted Cost = Count * Blended Rate * Working Hours * Working Days
- Count – defines how many people are needed for this Headcount
- Blended Rate – a rate defined for a combination of a Location and a Job Profile.
- Working Hours – a number of working hours per day. by default it is 8 hours. This parameter can be adjusted in the following automation rules:
- Calculate Forecasted Cost for a Headcount - main rule
- Recalculate Forecasted cost for Headcounts when a Blended Rate is updated
- Working Days - the number of working days in a Year Period.
Solution Configuration
Install and configure Working Days solution for Year
- Install Working Days solution (7fe5edc0-360f-4fca-9eec-05d754a89fe8)
- Configure it for Year Period entity
Note: Working Days custom field already has been added by the solution, so you only need to adjust the automation rules for YearPeriod and Planned Start and Planned End Dates
Calculate Forecasted Costs for existing Headcounts
In case you already have Headcounts created in your system, you'll need to trigger the Forecasted Cost calculation for them. To do that:
- Go to Settings -> Automation Rules
- Enable and open the following automation rule:
- Calculate Forecasted Cost for a Headcount - initial trigger
- Click Save and trigger now button
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Version 1.0
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