Dashboard > Forecasting
Bridgit Bench Forecasting provides insight into your workforce utilization rate. Forecasting helps:
- Optimize capacity planning
- Make informed decisions surrounding hiring and layoffs
- Better understand the impact of future projects/bids
Table of Contents
- Strategic Workforce Plan
- Utilization Rates
- View on People Gantt
- Exporting Forecasting Reports
Strategic Workforce Plan
The Strategic Workforce Plan provides a monthly breakdown of your workforce capacity and project demand over a five-year period. Another feature is Scenario Planning, which allows you to track anticipated project demand based on the different opportunities that are being pursued.
See Strategic Workforce Planning Overview to learn more.
Average Utilization Rate
The average utilization rate is calculated by averaging the allocations for each team member over a given month. This helps show how stretched your team is into the coming months/years.
True Utilization Rate
The true utilization rate is calculated by averaging the monthly allocation rates for all people, where the daily allocation rate for each person is first capped at 100%. In ignoring the impact of over-allocated people, the true utilization rate highlights if and when your team has the capacity to take on more work.
Utilization rate reports can be filtered by Allocation Overview or any People Fields that are a single list selection.
The Strategic Workforce Plan and the Utilization Rate displays data up to five years into the future. Users have the option of viewing data with 6 months or 1-5 year views.
Both the Strategic Workforce Plan and the Utilization Rate can be further broken down by using People Filters. This filter consists of system and custom People fields entered in the People Settings.
- Example: True Utilization Rate filtered by Home Office and compared by Title.
The Strategic Workforce Plan can be further broken down by using Project Filters. This filter consists of system and custom Project fields entered in the Project Settings.
Project Filters will not apply to the Utilization Rate to prevent people from appearing underutilized.
A specific month can be selected by hovering over the graph.
View on People Gantt
Click View on People Gantt to access the allocations on People Gantt for the requested month. Forecasting filters are applied to the People Gantt.
Exporting Forecasting Reports
A printable PDF of the Strategic Workforce Plan can be exported by selecting the icon. Each report can contain a maximum time frame of 2 years. When viewing a time frame of 3 years or longer, the dropdown allows the selection of the first month to be displayed in the export.
The exported PDF will include:
- The bar graph of the current view
- Any filters in place (located in the top-right of the report)
- Data tables separated by year
Note: Applied filters and scenario plans are always listed in full. When using a large list of filters, use the Scale or Layout features of the print/export dialogue box in order to properly display the full export on the page.