Falcon makes it possible for you to plan and track a budget or measure effects for each measure. The definition of an effect is very simple.
Effect: Measurable, often monetary, influence of a measure.
Note: Effects are created at project level as an effect line, maintained at measure level and aggregated at measure package level and overall project level.
All effects in Falcon are maintained at measure level. Falcon automatically aggregates them into action packages and finally into the respective project.
To access the effects configuration area, first select the desired projects (top level in the tree) and the Effects tab. As administrator or hub owner, you will see a small calculator icon in the upper right corner. One click takes you to the configuration area!
You will learn how to create and manage the effects structure in the following articles.