Learning budgets, resource development activity requests, and budgets

Note: If you do not use learning budgets or are interfacing with Infor Learning Management, this information does not apply.

For organizations that use learning budgets, resource development activities are always assigned to a development period and a budget. A resource can only register for a development activity that the learning manager has approved as part of a finalized development budget or as an off-budget request.

Budget planning is centered around a development period. Each development period can contain multiple budgets. At the minimum one budget is required.

Note: A budget plan can have multiple development periods for the same time frame if it uses legal entities as the overall organizing principle for its learning budgets.

Budgets are associated with a budget category, a currency, and an eligibility group that determines which resources can submit development activity requests against the budget.

The budgeted amount for a budget is calculated based on a percentage of the total compensation of the resources eligible for the budget. In some countries, minimum percentages may be required.

All resource activities must be assigned to a budget. As the activities are assigned, the system tracks the total estimated costs of the activities in the budget against the budgeted amount.

Learning managers can control who can take activities and track the estimated and actual costs against their budgeted costs.