Establishing Ranking Definitions

To establish ranking definitions, use the Component Ranking Definition component (BC_CMPNT_RANK_DFN).

This topic discusses how to:

Define component ranking values.
Define ranking opposites.

Pages Used to Establish Ranking Definitions

Page Name	Definition Name	Navigation	Usage
Component Ranking Definition	BC_CMPNT_RANK_DFN	select Scorecards, then select Administration, then select Portfolio Objects, then select Component Ranking	Define rank IDs to use for strategy component ranking.
Opposite Component Rank	BC_CMPNT_RANK_MAP	select Scorecards, then select Administration, then select Portfolio Objects, then select Opposite Component Rank	Define rank ID opposites.

Component Ranking Definition Page

Use the Component Ranking Definition page (BC_CMPNT_RANK_DFN) to define rank IDs to use for strategy component ranking.

Navigation

select Scorecards, then select Administration, then select Portfolio Objects, then select Component Ranking

Image: Component Ranking Definition page

This example illustrates the fields and controls on the Component Ranking Definition page. You can find definitions for the fields and controls later on this page.

Description

Enter a description for the ranking.

This description is the text that appears as a selection in the drop-down list box for rankings on the Portfolio Definition - Component Weighting page.

Ranking

Enter the numeric value for this ranking. Higher values indicate more importance or better results. For example, you might enter a value of 90 as the ranking for rank ID A, and a value of 50 for rank ID F, if you were setting up a ranking system similar to a grading scale.

Rank Type

Specify the rank type. Options are:

Relative: Select if this ranking is used to rank components against each other. The system automatically assigns the opposite rank ID for the component against which you are ranking, so you must define opposites for this rank ID.

Absolute: Select this option if you are ranking based on a scale. An example of these rankings might be LOW, MODERATE, and HIGH.

Both: Select this option when this ranking is used as if it were either a relative or an absolute value. With this option an opposite must be defined for this rank ID.

Opposite Component Rank Page

Use the Opposite Component Rank page (BC_CMPNT_RANK_MAP) to define rank ID opposites.

Navigation

select Scorecards, then select Administration, then select Portfolio Objects, then select Opposite Component Rank

Image: Opposite Component Rank page

This example illustrates the fields and controls on the Opposite Component Rank page. You can find definitions for the fields and controls later on this page.

Opposite Rank ID

Select the rank ID that is the opposite of this ranking.

The values available depend on the rankings that are defined in the Component Ranking Definition page.