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Services Delivery Planning
Use our services planning module to track professional services delivery obligations in your contracts and drive percent completion revenue recognition
Overview
RevLock’s planning and budgeting tool allows users to set up original budgets, track the progress through the life of the project, modify projects based on actual performance and/or change orders and monitor resource requirements for projects and potential projects. Long-term projects can create tracking issues for accounting and finance departments that need to keep track of budget versus actual performance and compute percentage complete as project managers move projects towards completion.
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System Configuration
The following configurations affect all projects across the company. These include setting up your labor pool, categories and departments. In addition you also set up project types and stages. Setup Contract Type: Each project will need a contract type. The contract type is used to determine the revenue recognition parameters throughout the project life. When a project is set up (see Step 4) you will be prompted to select a contract type. Select Settings Option Select Contract T
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Work Breakdown Structure (WBS)
Work Breakdown Structure is a logical division of a project into phases and tasks. RevLock is designed to handle multiple phases (or major activities) throughout the life of the project. Within major activities, you can define sub-activities for more detailed tracking and analysis. The WBS is the foundation of the budget building process. The activities defined within the WBS and sub-activities are the items that will be tracked, modified and analyzed during the life of the project.
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Activities and Sub-Activities
Setup Activities and Sub-Activities From the Navigation Bar Select Activity Select + Enter WBS Name and Contract Type Save Select Add Activity Add Activities and Sub-Activities Once you select Add Activity you will see the following screen. This is where you will add the Activities and Sub-A
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Project Creation
Setup a Project: From the Navigation Bar select Projects. Select + to add a new project. Populate the information related to the new project. Save. Once the project is created, it will be included in the list of your pro
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Roles and Permissions
Overview of User Roles and Permissions used by Services Planning User Roles give Administrators the ability to control what users can do within the system, without giving full administrator access. A Role is a collection of Permissions which could be based on a job function. Permissions are assigned to Roles and Roles are assigned to Users. Roles / Permissions mapping for Services Planning 