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Forecast Accuracy

Learn about the Forecast Accuracy Dashboard

Edition: Business + Insights Pro Add-on, Enterprise + Insights Pro Add-on
User-level: Permissions are set at an Organisation level by System Administrators
Who this is for: Finance team, principals, directors


Dashboard Explained

Forecast vs. invoiced revenue by slice and by month, with Forecast, Invoiced, Variance, Accuracy, and forecast-type breakdowns selectable in the table. Forecast Accuracy tracks how well the firm's revenue forecasting matches what's actually billed, and lets you drill into variance in dollars or as a percentage.

Updated in Insights Pro: This dashboard existed in Analytics Plus under the old Forecasting module ("Forecast vs Invoiced Revenue" with matching Table Metric options) and has been substantially redesigned for Insights Pro.

How to use it

Use quarterly to assess whether forecasting is reliable enough for financial planning. Switch Table Metric to Accuracy to see invoiced-vs-forecast as a percentage by slice, and to Variance to see the dollar-value scale of the miss. Drill from Slice into individual Project rows to see which specific projects are driving a miss. Filter to a specific Project Manager to check whether their forecasting is consistently accurate or a recurring source of surprises — use this to target coaching where it's needed most.

Understanding your data

Key Fields

How it's Calculated

Forecast & Invoiced by Slice

Revenue Forecast vs. Actual Invoiced Revenue, broken out by the selected Slice By dimension

Revenue Forecast Snapshot & Invoiced Revenue

Same measures, trended monthly

Slice × Month table

Shows Forecast, Invoiced, Variance, Accuracy, Active Forecast, Proposal Forecast, Combined Forecast, or Total (per Table Metric), drillable by Slice → Project


Visuals

  • Forecast & Invoiced by Slice (bar)

  • Revenue Forecast Snapshot & Invoiced Revenue (trend chart)

  • Slice × Month table, with Total row/column (Slice → Project drill down)

Filters

  • Office: filter by Project Office

  • Discipline: filter by Stage Discipline

  • Project Manager: filter by Project Manager

  • Project Status: filter by Project Status

  • Project Type: filter by Project Type

  • Cost Centre: filter by Stage Cost Centre

  • Stage Manager: filter by Stage Manager

  • Stage Status: filter by Stage Status

  • Stage Fee Type: filter by Stage Fee Type

  • Project: filter to a specific project

  • Table Metric: choose which value the table shows — Forecast, Invoiced, Variance, Accuracy, Active Forecast, Proposal Forecast, Combined Forecast, or Total

  • Slice By: choose the dimension for the aggregated graph visuals

Toggles

  • Grs / Int / Ext / Exp: Grs shows Gross Revenue; Int / Ext / Exp show the Internal / External / Expense budget-based breakdowns respectively

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