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Committed Plan

Understand key planning terms like Primary Scenario, Committed Plan, and Planning Adherence.

Definitions

  • In planning, users ultimately select one scenario as the "primary" scenario to execute (Primary Scenarios).
  • By concatenating all the non-overlapping initial periods of the primary scenarios from different plans, a β€œCommitted Plan” is created.
  • It signifies the events and actions the organization has decided to execute, based on evaluating their impact on key metrics such as Revenue, Cost, Profit, Service Level, and Working Capital.
  • By comparing the Committed Plan with Historical Performance, users can evaluate Planning Adherence, which measures how well the plan aligns with actual performance.
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