The Point of View (POV) for a model provides a specific view of your model information for a selected time period, such as a year, status and scenario.
The names and structure of POV dimensions for your organization can be completely customized. The first step for almost every activity in Profitability and Cost Management is the selection of a POV.
At least one POV dimension is required for a model. The user defines the POV dimensions, and the names of those dimensions. Calculations are performed using the specific data, drivers and assignments of that POV for different months or situations.
A typical POV includes the Year, Period, and Scenario. You must have at least one POV dimension, and you can have up to four. Members for POV dimensions are user-defined, thus, a rich array of POV combinations are available for modeling and what-if analysis.
A model can only be edited if the POV is set to “Draft” status. You can modify your POV to reflect new drivers, criteria, or members, enabling you to create alternative scenarios. By comparing these scenarios, you can evaluate how changes affect your processes or bottom line.
You can also create POV versions that enable you to maintain separate versions of the same POV to monitor the impact of changes to the model, or track different versions of the same model.
See these sections for detailed information about POVs: