Everything You Need to Know About Project 'Results' in Project Managment!


 

Everything You Need to Know About Project 'Results' in Project Management!

Results are gathered in a Pipeline project to record the success of an idea or WebStorm progress. This record allows both financial records of the tools' impact, but also allows managers to prove ROI and therefore justify ongoing / increased investment in their innovation program.

 

1.png

 

What are the benefits?

  • Capture, track and report on innovation outcomes
  • Compare actual results with projections
  • Demonstrate return on investment

How do 'Results' work?

  • There are three sections of results that can be compiled for an initiative. Revenue, Savings and Notes. 
    • 'Revenue' and 'Savings' allow monetary amounts to be recorded. 

    • Notes allow other results (such as survey outcomes and lessons learned) to be recorded.

 

2.png

Record Revenue Results:

  • Revenue Results is any income brought in as a result of the success of an initiative. This can be recorded for multiple periods. A total is then produced for the project for metrics and comparing.
    • Within any project in Pipeline, navigate to the "Results" tab  from the left-hand sidebar:
3.png

 

  • To Add any 'Revenue Results':
    • Enter amount (without dollar signs or commas)
    • Enter description of result
    • Enter Start period
    • Enter End Period (End period should never be before start period)
    • Click Record Revenue Result Button
4.png
  • Existing revenue results can be modified or deleted if needed. 
    • To modify a revenue result, right click on the individual line and select “Edit Revenue Result”
    • Results can also be deleted by clicking on the red 'x" on the result line.
5.png

 

  • Total 'Revenue Results' will be calculated on the results page, this is a summation of all revenue result lines:

 

6.png

 

Record Saving Results

  • Savings Results are any savings made as a results of the success of an initiative. This can be recorded for multiple periods. A total is then produced for the project for metric and comparing.
  • Saving Results work exactly the same way as 'Revenue Results" above.
  • To Add any 'Saving Results':
    • Enter amount
    • Enter description of saving result
    • Enter Start period
    • Enter End Period (End period should never be before start period)
    • Click Record Savings Result button     
7.png
  • Savings can also be modified and deleted as the revenue results above.
  • The saving results total are shown in the upper right-hand corner, this is a summation of all the savings lines.

Results Notes

  • Notes are any non-monetary result of a proj­ect. This could be, for example, survey results or lessons learned.

 

8.png
  • Individual notes can be removed by clicking on the red "X".

Metrics

  • Once results have been recorded, they can be compared and exported. They can also be reviewed and filtered in the project / portfolio grids.
  • Export results by clicking on the green paper export icon in the upper right-hand corner of the results page.

 

9.png

Important Things to Note

  • At this time, results cannot be imported into Pipeline.
  • Results accommodate foreign characters.
Was this article helpful?
0 out of 0 found this helpful
Have more questions? Submit a request

Comments

  • Avatar
    Damian

    Hi, can the currency be changed from Webstorm to Webstorm to reflect local currency?

  • Avatar
    Ron Orlovetskiy

    Hello Damian,

    Unfortunately, at this time the currency can't be changed in Pipeline. However, this is a great idea for our "IdeaSpace".

    Thank you,

    Ron Orlovetskiy

    Brightidea Support

Powered by Zendesk