Managing Work with Workday InitiativesWorkday Initiatives allows companies to focus on what makes a company Key Features and Benefitssuccessful: people, time, resources, and work. Workday’s revolutionary • Plan and track work and initiativesapproach to managing work brings together these elements into a single • Utilize work resource pools, work plans, and work hierarchiesunified system, providing management with important tools that make a • Integrate to external Project Systemsteam or project successful, insight into the areas where the company is such as Microsoft Project Enterprise™weak or struggling, and ways to improve overall effectiveness throughout • Configure company and work-specificthe entire organization. business process workflows • Ensure alignment of workforce and resources to strategic goalsUnlike traditional bolt-on project or work management systems, Workday • Capture time and expensesInitiatives is seamlessly unified with Workday Human Capital Management • Track overall spend (labor, expenses,(HCM) and Workday Spend Management. As a result, companies can and procurement) against budget • Bill customers and recognize revenueefficiently plan, staff, manage, and analyze what is really needed to based on project milestonesaccomplish their key initiatives. • Leverage Workday’s advanced built-in business intelligence capabilitiesPlan Work • Give executives insight into alignment,Workday Initiatives can model project-based work in a way similar to achievement, and potential • Tie real human cost and impact totraditional project management software, but Workday Initiatives also actual business resultssupports work types that aren’t “projects”—i.e., client engagements,marketing campaigns, products, customers, grants, or even job functions.Workday allows users to build work plans and utilize awork breakdown structure (WBS) that includes phases,tasks, and milestones. Workday also gives users theability to establish budgets and estimates for any typeof work to be done. To provide an overall view ofmajor initiatives that includes a summary of status andcosts, multiple work types can be related to each otherthrough a hierarchy. Individual work areas can be drilledinto for more detail. Work that is connected though awork hierarchy can also share core attributes, such asworker roles, security, and business process definitions.Additionally, Workday Initiatives can be linked toorganizational goals and objectives, enabling “line ofsight” from the highest enterprise goals to the actualwork being done to achieve those goals, the outcomesof that work, and the performance of individual workerswho contributed to those outcomes.