Allocating Value to Roles and Competencies (Optional)
This section provides an overview of the value allocation process and discusses how to:
Set up a scenario definition.
Set up the process run control for the Value Allocation process.
Understanding the Value Allocation Process
Use the Value Allocation process (WA_VALUE) to define and allocate monetary values to the roles and competencies in a competency strategy. To perform Value Allocation for a competency strategy, follow these steps:
Set up the scenario definition.
Complete the scenario process run control definition.
Run the Value Allocation process.
Note: Value Allocation is an optional feature and independent from the Match process. If you choose not to perform Value Allocation, then you can skip this section of the topic. Proceed directly to the next topic, which covers running the Match process.
The Value Allocation process (WA_VALUE) calculates the monetary value of the competency strategy using the constraint in the strategy definition. The process then allocates the strategy value to the roles within the strategy, based on the role weightings. The process then allocates the role values to the competencies and accomplishments within each role, based upon the importance that is placed on each.
The input tables for the process are the WA_WP_STRAT_DFN table and its children.
The output tables for the process are:
| WA_WP_R_VAL_F00 |
Contains the allocation of monetary value at the role level. |
| WA_WP_C_VAL_F00 |
Contains the allocation of monetary value at the competency and accomplishment level. |
Setting Up a Scenario Definition
You set up scenario IDs using the EPM Foundation Scenarios component. That is where you specify the model and calendar, and otherwise define a scenario. The component is documented in the PeopleSoft Enterprise Performance Management Fundamentals
Setting Up the Process Run Control for the Value Allocation Process
You set up and run Workforce Planning jobstreams for the Value Allocation, Match, and Merge processes by accessing the Run Jobstream page directly from the Workforce Analytics, Workforce Planning menu. The Run Jobstream page is documented in the PeopleSoft Enterprise Performance Management Fundamentals
The run control definition includes these basic elements:
Business unit.
Scenario ID.
Fiscal year and accounting period.
Jobstream ID.
Fiscal Year and Accounting Period
Regardless of which run control page you use, run Workforce Planning scenarios for a fiscal year and accounting period. Do not run them based on an as of dated jobstream.
Jobstream ID
The prompt list values for the jobstream ID are those jobstreams that are associated with an engine ID of WA_VALUE or WA_MATCH. The delivered jobstreams are:
|
Jobstream ID |
Job ID |
Application Engine ID |
|---|---|---|
|
WA_VALUE |
WA_VALUE WA_VAL_MRG |
WA_VALUE PF_MERGE |
|
WA_MATCH |
WA_MATCH WA_MCH_MRG |
WA_MATCH PF_MERGE |
|
WA_WFP_ALL |
WA_STR_VAL WA_STR_MCH WA_STR_MRG |
WA_VALUE WA_MATCH PF_MERGE |