User Guide › Financial Management › Contract Pricing › Price Item Metric › Add a Price Item Metric

Add a Price Item Metric

You can add a price item metric.

Follow these steps:

1. In the Contracts page, click next to the contract for which you want to add a price item metric. The Contract Details page All Metrics tab opens.
2. Click Add New->Financial->Price Item. The All Metric tab General subtab opens.
3. In the General tab:
   • In Name, type the name of the metric.
   • In Description, type a description of the metric.
   • In Objective Statement, the default objective statement is shown. Click on each field that is underlined and set the desired value.

   Note: Click Edit to use the GUI to customize the Objective Statement structure. For more information, see Customizing an Objective Statement.

4. In the Details tab:
   • In Main Indicator, select Service or Contract to specify whether this metric is the main indicator of the contract or the service.
   • In Service, select the service from the list.
   • In Service Domain, select the service domain from the list.
   • In Domain Category, select the domain category from the list.
   • In Unit of Measurement, select the measurement unit from the list.
   • In Timeslot, select the timeslot from the list or click Add New to define a new timeslot.
   • In Time Zone, select a time zone from the list.
   • In Service Level Target, set the service level target value and whether it is dynamic or not.
   • In Tracking Period, set the tracking period and select the unit of calculation from the list.
   • In Unit of Consumption, select the unit from the drop-down list.
   • In Price Per Unit, click Add New and select the table structure (Months, Quarters Years or Empty). The Price Per Unit Structure dialog box opens.

     Note: The Price Per Unit Structure dialog box that opens is different for each selected table structure.

     Click Reset to and select a different table structure.

     Click Add Column. A column is added to the table.

     In the Name column, type the name of the column.

     In the Type column, select the type of the column from the list.

     Select the Index check box if the column should be set as the index.

     Note: Only one row can be set as an index.

     Repeat steps b to e for each column you want to add.

     Click OK. The table structure is completed.

     Click to edit the data. The Price Per Unit Data dialog box opens.

     Click Add Row to append an additional row.

     Fill in the required values.

     Note: The table can have up to 120 entries.

     Click to view or edit the table in an MS Excel worksheet.

     Note: Microsoft Excel 2000 or higher is required in order to use this feature.

     Click Adjust table to contract period to set the table to match the contract's period and remove all other data. A confirmation dialog box opens.

     Click Yes.

     Click to edit the structure. The Price Per Unit Structure dialog box opens.

   • Select the Forecast calculation check box if this metric is to be included in forecast reports.
   • In Forecast, click Add New and select the table structure (Months, Quarters Years or Empty). The Forecast Structure dialog box opens.

     Note: The Forecast Structure dialog box that opens is different for each selected table structure.

     Click Reset to and select a different table structure.

     Click Add Column. A column is added to the table.

     In the Name column, type the name of the column.

     In the Type column, select the type of the column from the list.

     Select the Index check box if the column should be set as the index.

     Note: Only one row can be set as an index.

     Repeat steps b to e for each column you want to add.

     Click OK. The table structure is completed.

     Click to edit the data. The Price Per Unit Data dialog box opens.

     Click Add Row to append an additional row.

     Fill in the required values.

     Note: The table can have up to 120 entries.

     Click to view or edit the table in an MS Excel worksheet.

     Note: Microsoft Excel 2000 or higher is required in order to use this feature.

     Click Adjust table to contract period to set the table to match the contract's period and remove all other data. A confirmation dialog box opens.

     Click Yes.

     Click to edit the structure. The Forecast Structure dialog box opens.

   • In Measurability Status select Active (to set the metric to be measured), Inactive (to set the metric to be potentially measured) or Immeasurable (to set the metric to not be measured meaning it is a theoretical metric)

     Note: The Measurability Status is set for informational purposes only. The Inactive and Immeasurable statuses are ran (but not calculated) by the calculation engine and are shown on reports.

5. In the Notes tab, add notes to the metric.

   Note: The Notes tab is equipped with a rich text format editor that enables the user to enter rich text information.

6. In the Clustering tab, select whether the metric is clustered or not. For more information see, Creating a Clustered Metric.
7. In the Thresholds tab:
   • Check Specify threshold and then select the type of threshold.
   • Define minor, major and critical deviations from the required service level for use in the Dashboard.
8. In the Related Metrics tab, click Add to select the metric(s) for which a relation to the current metric is to be created. For more information see, Adding a Related Metric.
9. In the Granularity tab, select the additional time units for which the metric is calculated.
10. In the Objective Statement tab, add or edit the fields and parameters of objective statement. For more information, see Customizing an Objective Statement.
11. In the Registration tab, add a new registration type(s). For more information see, Registration Wizard.
12. In the Business Logic tab, edit the Business Logic formula, select a Business Logic template and check Business Logic syntax. For more information see, Defining Business Logic Formulas.
13. Click Apply to save changes and stay in the current page.
14. Click Save to save changes and return to the previous page.