Team 1
What is an Allotment?
Allotment is the result of issuing budget at the highest planning level of a business area--such as country programme level.
What is an Allocation?
The amount of budget distributed to the output
What is a Commitment?
It is a type of commitment document in SAP that consumes budget to meet a responsibility for payment of a third party (vendor, payee) for goods or services. Examples of commitments are purchase orders and funds commitments.
What is a Utilization?
The portion of the budget amount that is already reserved or consumed through a commitment. Utilization includes open commitments and disbursements (actuals).
What are Actuals?
It means spent amounts when used in the context of budget or all amounts that are recorded under the general ledger.
What are PIDB Codes. Expand the Acronym and explain briefly?
PIDB codes are programme codes present in the strategic plan that allow country level results to be linked to the global strategic priorities. There are main 4 types of codes available in the strategic plan. Goal Areas, Result areas, SICs and GICs
What is a PSN. Expand the acronym and explain briefly?
Programme strategy notes that are prepared prior to the development of a CPD.
What is a TOC. Expand the acronym and explain briefly?
A theory of change explains how activities are understood to produce a series of results that contribute to achieving the final intended impacts
What is RBM. Expand the acronym and explain briefly
Results Based Management is a management approach by which all actors contributing directly/indirectly to achieving a set of results ensure that their processes, products and services contribute to the achievement of desired results.
What is an SIC? Expand the acronym and explain briefly
Specific Intervention Codes enable compilation of data on expenditure by Organizational targets and key result areas.
What is the difference between Allotment vs Allocation?
Allotment is the budget issued at country programme level whereas Allocation is the budget distributed to Outputs
What is the difference between Commitment vs Actuals?
Commitment also known as requisition/obligation is a document that consumes the budget. Eg. PO, FR etc whereas Actual is the spent amount.
What is the difference between Planned Amount vs Budgeted Amount?
Planned amount reflects the estimated funding needs for results defined in the CPD whereas a budget amount is the amount up to which a country office can incur the expenditures
What is the difference between Grant Agreement Amount vs Funds Received?
Grant agreement is an agreement between UNICEF and a Donor for a specific contribution whereas Funds Received is the actual amount received from Donor.
What is the difference between an Expense and a Requisition?
An Expense represents the cost of goods and services consumed in the process of fulfilling the organization’s objectives. A requisition is a type of commitment document for internal reservations of funds prepared prior to making the actual obligation document.
What's the difference between an inSight report and an inSight smart report?
An inSight report is a canned report that shows information in a fixed way. An inSight smart report can display the same data in multiple ways depending on the configuration chosen.
What is the difference between a regional dashboard and an office dashboard?
A regional dashboard displays information for all countries in a region. Whereas an office dashboard focuses on a particular country/office.
What is the difference between an inSight report and cube
A report has a predefined layout and contains descriptive information whereas a Cube has no predefined layout, is exploratory and is analytical.
what is the difference between a Dashboard and a Scorecard
A dashboard contains indicators across many subject areas providing offices information to act on whereas a Scorecard is mostly management oriented high-lighting the issues and red flags.
What is the difference between a Dimension and a Measure
Measures fields that can be measured, aggregated, or used for mathematical operations. Dimensions are qualitative/descriptive and are not used for aggregations.