Enhanced Services Forecasting offers an efficient way of calculating services forecasts. In Enhanced Services Forecasting:
|
Object |
Description |
Related Information |
|---|---|---|
| Forecast Calculation | The parameters in which you run a forecasting calculation against a Region, Practice, or Group. | Forecast Calculation Fields |
| Forecast Summary | The forecast records recorded to a Region, Practice, or Group. | Forecast Summary Fields |
| Forecast Detail | The forecast records recorded to a Project or Opportunity. | Forecast Detail Fields |
You can create forecast calculations manually or schedule a job to run calculations at regular intervals.
You can still perform the manual steps for classic services forecasting using Forecast Worksheets, though it is not necessary with Enhanced Services Forecasting.
Forecasts are based on multiple factors:
PSA applies configurable weighting to each of these factors. Staff with administrator access can define multiple categories of forecast (for example, Commit, Best Case) and use different sets of weightings for different categories. For more information, see Forecast Settings.
A forecast curve measures anticipated revenue over a series of sequences of time in a larger time period (such as a quarter).
To create a forecast curve calculation, see Creating a Forecast Curve Calculation.
You can create forecast curve calculations on an opportunity or on unscheduled backlog on a project. Calculation formulae are:
The formulae for opportunity curve calculations are:
|
Order |
Data |
Multiplied By |
Result |
|---|---|---|---|
| 1 | Value of the Amount field on the Opportunity record | Value of the Percent Burndown field on the Forecast Curve Detail record | The adjusted burndown |
| 2 | The adjusted burndown | Value of the Probability (%) field on the Opportunity record | The probability and adjusted burndown |
| 3 | The probability and adjusted burndown | Weightings defined in the appropriate Opportunity Category settings in Forecast Settings. | The opportunity forecast |
The formulae for unscheduled backlog curve calculations on a project are:
|
Order |
Data |
Multiplied By |
Result |
|---|---|---|---|
| 1 | Value of the Budget field on the Project record | Value of the Percent Burndown field on the Forecast Curve Detail record | The adjusted burndown |
| 2 | The adjusted burndown | Weightings defined in the appropriate Project Category settings in Forecast Settings. | The calculated unscheduled backlog on a project |
Forecast curve data is stored in the Forecast Curve and Forecast Curve Detail objects. For more information on the fields on those objects, see: