Strategic Drivers
Strategic Drivers are created in the Administration Area of the Power Framework App. Select the Strategic Drivers in the left hand side (LHS) menu, then +New in the Ribbon control.
Strategic Drivers capture a Name, Description and Default Weighting.
Portfolio Strategic Drivers
Once Strategic Driver Records have been created, any New Portfolio created will automatically pick up the Active Strategic Drivers that have been defined. For pre-existing Portfolios, new Strategic Drivers will have to be defined.
- Navigate to a Portfolio and select the Prioritisation tab.
- Specify the Strategic Impact Threshold Values for Medium and High Impacts at the top of the Prioritisation tab..
- View the Portfolio Drivers at the bottom of the Prioritisation tab. All existing Strategic Drivers are added here automatically when a new Portfolio is created. (They can be deleted here if they are not relevant to this Portfolio).
Open Portfolio Drivers (Select the Portfolio Driver and click Edit) to update the weighting from the default value defined in the related Strategic Driver. Add comments if required.
Programme Strategic Impacts
For Programmes created from within the Portfolio, Programme Strategic Impacts are created from the Portfolio Drivers of the parent Portfolio. These can be viewed in the Assessment tab of the Programme.
Total Weighted Programme Score and Strategic Impact are calculated based on the Programme Strategic Impacts. ROI Indicator is calculated by combining the Programme Strategic Impacts with the Programme Spend (defined in the Investment Tab).
Programme Strategic Drivers can be edited to define the Impact Score and add supporting comments.
The Impact score can be increased to change the Weighted Impact Score, which in turn will change the Total Weighted Programme Score.
Note that roll-up fields like Total Weighted Programme Score are only recalculated once every 24 hours, but they can be refreshed manually by clicking the calculator icon and then clicking recalculate.
Project Strategic Impacts
For Projects created from within the Programme, Project Strategic Impacts are created from the Portfolio Drivers of the parent Portfolio. These can be viewed in the Assessment tab of the Project.
Total Weighted Programme Score and Strategic Impact are calculated based on the Programme Strategic Impacts. ROI Indicator is calculated by combining the Programme Strategic Impacts with the Programme Spend (defined in the Investment Tab).
Project Strategic Impacts behave in a similar way to Programme Strategic Impacts and can be updated for Impact Score and Comments.