Context Selection 
A context represents a combination of one scorecard, goal diagrams, associated initiatives, one dashboard, and one report folder or report, or a subset of that depending on the way the context was set up and the components that are available to you. When you select a context, you refresh the current window with the information and objects associated with that context.
Your context administrator has assigned your application group to at least one context. If your Context section is read-only and does not appear as a drop-down list, it means that there is only one context available to you.
When you start the application, a Welcome screen appears by default. The Welcome screen prompts you for a context to use at the start of the session.
At any time during the session, you can switch to a different context by selecting one from the Context drop-down list in any component.
For example, if you are currently displaying the Scorecard component with the Corporate context, and you choose the Finance context, you will remain in the Scorecard component but you will be viewing the KPIs and objectives associated with the Finance context. If you switch to the Initiatives component, you will be viewing the initiatives for the Finance context.
If you want to start every session using the same context, you can set up a preference for a default context. You can also set a preference so that the Welcome screen is not displayed at startup. The next time you start the application, it will bypass the Welcome screen and appear with the default context.
For information, see Setting Preferences.