Steps for Using Weighted Goals

Here are the high-level steps for using weighted goals to manage a plan:

1. Define goal IDs on the Goals page.

2. Define weighted goals as a plan option on the Plan Definition page.

   1. Select Weighted Goals as the plan goals type.

   2. Specify the plan goal weights for each of the three goal levels (the total must be 100 percent).

3. Set up weighted goals in the Plan Goals component (VC_PLAN_GOAL) or the Plan Goals with Groups (plan goals with groups) component (VC_PLAN_GOAL_WG).

4. Enter goal attainments for each level of weighted goals on the goal attainments pages.

5. Calculate a performance factor for organization and group goals by running the Determine Allocation Application Engine process (VC_DET_ALLOC).

6. Calculate a performance factor for individual goals by running the Calculate Awards Application Engine process (VC_CALWRD or VC_CALWRD_WG).

7. Apply the performance factor to the target payout by running the Calculate Awards process.

8. Run the optional Organization and Group Goals report before or after the measurement period.