I was trying to use it for a potential work pipeline in terms of planning / forecasting unconfirmed projects (i.e. those that we're tendering, are in consultation etc etc). With this tool, I can put the forecast value for each project, but when projecting for business planning / forecasting pruposes I don't want to assume that every project is a winner / goer, therefore applying the % likelihood (which applies to resources & £ values) to it enables a more likely forecast.
It works for histograms (all you have to do is tick the box "apply % likelihood"), but with the spreadsheet it doesn't roll % likelihood values up, it just does sums the whole value (i.e. 100% value for each project).
Member for
18 years 5 monthsHi Mike, I was trying to use
Hi Mike,
I was trying to use it for a potential work pipeline in terms of planning / forecasting unconfirmed projects (i.e. those that we're tendering, are in consultation etc etc). With this tool, I can put the forecast value for each project, but when projecting for business planning / forecasting pruposes I don't want to assume that every project is a winner / goer, therefore applying the % likelihood (which applies to resources & £ values) to it enables a more likely forecast.
It works for histograms (all you have to do is tick the box "apply % likelihood"), but with the spreadsheet it doesn't roll % likelihood values up, it just does sums the whole value (i.e. 100% value for each project).
Any ideas for get around?
Chris
Member for
19 years 10 monthsHi ChrisYou have me
Hi Chris
You have me puzzled.
Why are you doing this and what are you trying to achieve.
This is a genuine query - I have been using powerproject for the last 25 years and never heard of this process before.
Best regards
Mike Testro