About POVs
A POV displays a particular version of an application for a selected snapshot, such as year, period, and scenario.
You must have at least one POV dimension, and you can have up to four. You define the POV dimensions and their names. Calculations are performed using the specific data and rules for that POV for different months or situations.
A typical POV includes the Year, Period, and Scenario. The first step for almost every activity in Profitability and Cost Management is the selection of a POV.
Note:
Rules in Profitability and Cost Management applications are POV-specific. For a rule or rule set or global context definition to exist within a POV, there must be a unique definition of that artifact within the POV.
An application can be edited only if the POV is set to "Draft" status (Modifying the POV State). You can modify the POV to reflect new drivers, criteria, or members, enabling you to create alternative scenarios. By comparing these scenarios, you can evaluate how changes affect the processes or bottom line.
You can also create separate versions of the same POV to monitor the impact of changes to the application, or track different versions of the same application.
Related topics:
Types of POVs
There are two categories of POVs: data POVs and model POVs.
By definition, POVs define a slice of data. Their dimensions, such as time, date, and data status (Actuals, Forecast, and so on) define the data set to be calculated, displayed, or otherwise operated on. So, all POVs are data POVs, although the data set may be empty.
Some POVs are also associated with calculation rules. When you create a rule set and associated rules, you specify a POV. Those rules apply only to it. POVs associated with rules are called "model POVs". They have a check in the Model Exists box on the Execution Control screen.