IBM Planning Analytics/Cognos TM1: Design and Develop Models in Performance Modeler (v10.2) Course Overview

Certainly! Here are the minimum required prerequisites for successfully undertaking training in the IBM Planning Analytics/Cognos TM1: Design and Develop Models in Performance Modeler (v10.2) course:

• Basic knowledge of OLAP and TM1 concepts for multidimensional data processing
• Understanding of basic accounting and finance principles (e.g., income statements, balance sheets)
• Familiarity with Excel spreadsheets, as TM1 heavily interacts with Excel
• Experience with databases and knowledge of SQL is beneficial but not mandatory
• Prior exposure to IBM Planning Analytics Workspace or TM1 Web is helpful
• No prior programming experience is required, but an understanding of IF statements and loops can be advantageous

These prerequisites are designed to ensure that learners have a foundation upon which they can build their skills in the IBM Planning Analytics/Cognos TM1 environment. With these basics, students will be well-prepared to engage with the course material and achieve successful outcomes.

Target Audience for IBM Planning Analytics/Cognos TM1: Design and Develop Models in Performance Modeler (v10.2)

1. The IBM Planning Analytics/Cognos TM1 course is designed for professionals involved in building financial models and data analysis.

   
   

2. Target audience for the course includes:

   
   

• Financial Analysts
• Business Analysts
• Data Analysts
• Budgeting & Forecasting Managers
• Finance Managers
• BI and EPM Consultants
• TM1 Developers and Modelers
• Cognos System Architects
• Technical and Functional Consultants specializing in planning, budgeting, and forecasting
• IT Professionals who implement financial planning solutions
• Business Intelligence Professionals seeking to understand TM1 integration
• Financial Controllers responsible for financial management within their organization

Learning Objectives - What you will Learn in this IBM Planning Analytics/Cognos TM1: Design and Develop Models in Performance Modeler (v10.2)?

1. Introduction to Learning Outcomes: Gain expertise in designing and developing scalable models for enterprise planning, budgeting, and forecasting using IBM Planning Analytics/Cognos TM1 Performance Modeler.

2. Learning Objectives and Outcomes:

• Understand the core concepts of IBM Cognos TM1 and Performance Modeler's role in performance management.
• Create and customize dimensions to reflect unique business processes and reporting requirements.
• Design and build multidimensional cubes to represent data for analysis and input templates.
• Import and manipulate data effectively to populate TM1 cubes with external data sources.
• Implement inter-cube data sharing using links to maintain data consistency and accuracy.
• Complete a financial income statement model, integrating various data sources and dimensions.
• Develop TM1 applications for end-user engagement and data input collection.
• Apply advanced modeling techniques to address complex business scenarios and calculations.
• Convert currencies within models to facilitate multinational reporting and analysis.
• Utilize Architect to enhance and maintain TM1 models for more technical users.
• Extend TM1 capabilities by integrating with IBM Cognos BI for comprehensive reporting solutions. (Optional)
• Administer and manage IBM Cognos Insight to deliver personalized analytics. (Optional)
• Optimize and tune TM1 models to ensure efficient performance and quick response times. (Optional)
• Recognize common data structures and adapt them to TM1 environment for streamlined model design. (Optional)
• Customize business rules and logic to reflect specific business requirements and calculations. (Optional)
• Enhance rule performance by identifying bottlenecks and implementing best practices for optimization. (Optional)