Evaluating a Demand

role during the evaluate phase, a demand manager provides more detailed information to assess the viability of the demand you can create plans to further detail the costs, benefits, and resource impacts of the demand if needed, select need more information at the top of the overview form to send an email to the requester if you think a demand is better suited as a change request, you can convert the demand to a change for that, select more > convert demand > convert demand to change to copy the title, description, and details into a new change the change is assigned to the requester to evaluate a demand log in to the application as a demand manager open the demand workspace use the demand dashboard to see demands in the evaluate phase open a demand use the planning tab to add project phases, which are used to group sets of tasks project phases are used to group sets of tasks project phases are part of the ootb content of for more information about project, added several new values to the ootb project phase form estimated effort (hours) , planned effort (hours) , and actual effort (hours) the estimated effort value is driven by resource plans, which you can create either in the resource plans tab or planning tab to create a new project phase, select new project phase in the planning tab select the project phase, and then click go to to open the project phase record fill in the relevant fields for more information, refer to assigning resources in a project phase docid 1u0phrdmigkope7hmyvcm use the budgets tab to enter project budget plans for more information, refer to creating a project budget plan docid 7 l9cx6c8pnrkuy8c9phk has added a fiscal year field to the project budget plan form, and has associated cost items with project budget items instead of project phases use the benefits tab to assign demand benefits in the benefits tab, select new benefit plan mandatory fields are marked with an asterisk field description type select the type of benefit from the dropdown menu business value , cost avoidance , cost savings , revenue it helps categorize the benefit for reporting and prioritization description provide a detailed explanation of the benefit estimated total benefits enter the estimated monetary value of the benefit focus area select the focus area from the dropdown menu it helps identify the primary business domain or strategic initiative that this benefit supports benefit if done (1 5) rate the benefit on a scale from 1 to 5 if the demand is implemented, where 1 represents the lowest benefit and 5 the highest it helps in scoring and prioritizing demands impact if deferred (1 5) rate the negative impact on a scale from 1 to 5 if the demand is delayed or not implemented, where 1 represents the lowest benefit and 5 the highest it helps assists in urgency assessment and decision making use the risks tab to assess demand risks for more information, refer to working with portfolio and project management docid\ jscrbka1xchnnfoxcfqu8 the assessments tab shows a snapshot of the demand finances field description total cost calculated from the demand's project budget items total return calculated from benefits roi percent return on investment (roi) is calculated from total cost vs total return effort (hours) calculated from resource planning demand scoring is valuable as a decision making tool when compared against other demands in the demand scoring tab, answer a set of weighted questions to score the scope and importance of the demand the demand score displays on the overview form after scoring has been submitted demand scoring is comprised of five questions and answers, each weighted at 20% of the demand score administrators can change the weighted scoring of each answer in the use the stakeholder tab to link demand stakeholders when the information for the evaluation phase is complete, the stakeholders can approve the demand use the portfolio tab to link and unlink portfolios when you choose a portfolio, the tab shows list of the other projects in the selected portfolio when you finish evaluating the demand, set the status to awaiting approval the demand record is locked during the awaiting approval phase, and the demand goes through the approval phase