The Cost Management dashboard is a central space that shows the cost overview data for a facility.
This is what a typical Cost Management dashboard looks like:
The Cost Management dashboard has three main sections.
Section 1: Overview
The Overview gives high-level cost data for the facility.
The main headings are:
Projected Savings: the estimated savings target set for the year.
Closed Project Savings: the actual savings realized when a project is completed, compared to initial cost estimates or budgets.
Carry Over: the savings brought forward from last year's target.
Slippage: delays or postponements in project timelines that lead to deferred costs.
Variance: the difference between planned or budgeted costs and actual costs, highlighting deviations in expenditure.
Section 2: Search and filter criteria
This section gives you options to search the database for cost data: a Search box and a Filters button. The number next to Filters shows how many filters are applied (by default, the current year).
Click Filters to see all the filter options available for cost results.
Apply the filters you need to get specific results for analysis. For example, use the Saving Type filter to segment the savings data by type.
Section 3: Projects overview
The Projects Overview shows cost data by project inside the facility. This section has two tabs: Hard Savings Project and All Savings Projects.
Good to know
Savings targets can be set at the department and line levels on the saving target page, not only for the whole facility. See Set savings targets and track imports in Cost Management.
You can export the dashboard results with the Export Savings button. See Export results from the Cost Management dashboard.