How to create new impact lines
From the Impact tab, click 'Add impacts' to open the impact creation window:
On the left hand side, choose one or more metrics that your initiative is tracking:
Note: Your metric structure will likely differ from the metrics shown below. Each company's metric structure is customized to match the reporting outputs required.
From the right hand side, select the area/s of the business where your initiative will have impact:
Note: Your impact structure will likely differ from the below example. Commonly, the impact project structure reflects your company's workstreams, business units, or functions and is customized to match your program's reporting requirements.
Click "Create" in the bottom right corner:
Changing the impact time scale
You can choose the time scale for which you would like to enter your initiative's impact values. The three main options are Yearly, Quarterly, and Monthly. Wave will automatically aggregate or disaggregate values based on the time scale you choose.
Example 1: If you are using the monthly time scale, enter the value '100' into all 12 months in 2017. When you switch the scale to Yearly, the impacts will aggregate to show a total of 1200 in 2017.
Example 2: If you are using the yearly time scale, enter the value 600 into 2017. When you switch the scale to quarterly, each quarter will show a value of 150. Wave has simply divided the total yearly value by four into separate quarters.
One-off vs. Recurring Impacts
Impacts are either added on a one-off basis (perhaps for one or two time periods), or on a recurring basis, where numbers can be copied across multiple time periods. Depending on your organization's program, you may be able to toggle to choose one-off or recurring entry by clicking on the icon pictured below.
In the above screenshot, the user has chosen one-off impact. When the user enters a value of '5' into February 2017, the value does not get copied across all other months in the program.
In the above example, the user has chosen to enter the impacts as recurring. Now when they enter the value '5' into Feb 2017, the value is copied across all remaining months in the program.
Updating planned impacts
You are able to add and modify planned values when the initiative is in the 'L0 - Idea,' 'L1 - Identified,' and 'L2 - Validated' stages.
Note: If your initiative is in L3, L4 or L5, and you need to modify values in the planned series, you either need to:
Update the initiative back to the L2 stage and resubmit for L3 approval.
Talk to your company's Wave representative or workstream lead to manually update the value/s.