Creating capital planning requests

Create capital planning requests to request a capital expenditure. Capital planning requests are based on forecasted labor costs, forecasted material costs, and expected cost avoidance.

  1. Select Work > Capital Planning Request.
  2. Click New Record.
  3. Provide a description of the capital planning request in the field adjacent to the Capital Planning Request field.
    A unique capital planning request code is assigned when you save the record.
  4. Specify this information:
    Organization
    Specify the organization to which the purchase order belongs if you use multi-organization security.
    Status
    Specify the status of the capital planning request.
    Equipment
    Select the equipment for which you are creating the capital planning request.
    WO Type
    Choose one of these options:
    Breakdown
    Select to create a work order in response to an equipment breakdown or failure.
    PM
    Select to create a preventive maintenance work order.
    Scheduled
    Select to create a scheduled work order.
    Repairable Spare
    Select to create a work order for repairable spare parts. If you are creating a work order for repairable spare parts, you must also add the parts to repair on the Repair Parts page.

    See Adding Repairable Spare Parts to Work Orders for Repair.

    Standard WO
    Select to create a standard work order.
    Note: The work order types listed are standard types in the system. You can also create user-defined work order types.
    Requested By
    Specify the employee making the capital planning request
    Assigned To
    Specify the person responsible for the work to be completed for the capital planning request.
    Priority
    Select the priority level of the capital planning request.
    Sustainability
    Select if the capital planning request is related to asset sustainability features.
    Objective
    Specify the objective to associate with the capital planning request.
    Assigned By
    Specify the supervisor who assigned the work order.
  5. Specify this Capital Planning Request Details information:
    Cost Avoidance
    Specify the estimated cost avoidance for the capital planning request.
    Appropriation Date
    Specify the date by which the capital request must be appropriated.
    Requested Appropriation Date
    Specify the date by which you are requesting the appropriation of the capital request.
    ROI % (Return on Investment)
    Specify the return on investment percentage for the capital planning request.
    NPV (Net Present Value)
    Specify the net present value for the capital planning request.
    IRR % (Internal Rate of Return)
    Specify the internal rate of return percentage for the capital planning request.
  6. Specify this Categorization Codes information:
    Major Group
    Specify the major group for the capital planning request.
    Group
    Specify the group for which the capital request must be appropriated.
    Individual
    Specify the individual element for the capital request. .
  7. Specify this Authorization information:
    Default Authorizer
    Specify the default authorizer for the capital request.
  8. Optionally, to create a work order for the capital planning request, right-click and then click Create WO.
    Work Order is automatically populated with the generated work order number.
  9. Optionally, to create a project to associate to a capital planning request, right-click and then click Create Project.
    See Associating Projects to Capital Planning Requests.
  10. Click Save Record.