Generate Services Forecasts

Services Forecasting provides not only revenue forecasting but cost forecasting at the project level, allowing project managers and service leaders the ability to forecast the profitability of a project through margin calculations. Actual and forecasted cost and revenue are captured as the project is being delivered, providing an accurate near-real-time forecast. Adjustments can be made directly on the forecasts for potential changes that have not yet been added to the project, such as change orders pending approval.

Project-level forecasts can then be rolled up through the region, practice, or group, allowing leadership to analyze which areas of the business are on target and which may need further analysis in order to get back on track. Through scenario tracking, service leaders can level set leadership expectations with upside or risk scenarios. With Services Forecasting, organizations can provide the right information to the right individual at the right time to make impactful decisions that help their business remain on target.

Warning:

The initial release of the Services Forecasting introduces revenue and cost forecasting to understand margin and profitability. However, it lacks the ability to selectively hide sensitive data, such as cost rates for individual resources on the project-level forecast. The feature to hide specific, sensitive data from the forecast is expected to be delivered in the Summer 2026 release.

Generate Services Forecasts

Related Content

Setup and Maintenance

Project Forecasts

Practice and Region Forecasts

Forecast Data Reference