Dashboard > Forecasting
Bridgit Bench Forecasting gives insight into your workforce utilization rate. Forecasting helps:
- Optimize capacity planning
- Make informed decisions surrounding hiring and layoffs
- Provide a better understanding of the impact of future projects/bids
Table of Contents
- Supply & Demand
- Workforce Spend Summary
- Utilization Rates
- Filtering
- View on People Gantt
- Exporting Forecasting Reports
Supply & Demand
Supply & Demand provides a monthly breakdown of your workforce capacity and project demand for up to five years. Another feature is Scenario Planning, which tracks anticipated project demand based on the different opportunities that are being pursued.
See Supply & Demand Overview to learn more.
Workforce Spend
This report tracks the hours, costs, or roles needed for every project in their account. It provides top-level summaries and detailed breakdowns for each project, covering week-over-week and month-over-month data, extending up to 5 years into the future!
The Workforce Spend Summary displays all projects that match the following criteria:
- Exist during the displayed timeline (ie next 6 months → 5 years)
- Match the Forecasting page’s applied filter(s)
- Match any applied Account Group filter
The icon opens a side panel to view how pursuits affect forecasting.
Within the report, additional filtering can be applied:
- Timeline
- Intervals - Weekly or Monthly (weekly intervals are available for 6m → 2y only)
- Units - Hours, Cost, or Roles
- Status Breakdown - None or Filled & Unfilled
For a more granular view of this data on a project level, see Spend Report.
Utilization Rates
Average Utilization Rate
The average utilization rate is calculated by averaging the allocations for each team member over a given month. This displays how the team is put to use in 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 the team can take on more work.
Utilization Comparisons
Utilization rate reports can be filtered by Allocation Overview or any People Fields that are a single list selection.
Filtering
Awarded & Pursuit Projects
Only awarded projects are displayed by default. Select the Scenario Planning icon to allow pursuit projects to be factored in.
Timeframe
Supply & Demand and the Utilization Rate display data up to five years into the future. Users have the option of viewing data with 6 months or 1-5 year views. Intervals of weekly or monthly are available for a more comprehensive view.
People Filters
Both the Supply & Demand 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.
- For example, True Utilization Rate filtered by Home Office and compared by Title.
Project Filters
Supply & Demand and Workforce Spend can be further broken down by:
- Project Filters. This filter consists of system and custom Project fields entered in the Project Settings.
- Salaried & Hourly
- Operations & Precon
Project Filters above will not apply to the Utilization Rate to prevent people from appearing underutilized.
Tool Tip
A specific month can be selected by hovering over the graph.
View on People Gantt
- Select a month along the graph.
- Select a filter in the Allocation Overview dropdown menu.
- Select View on People Gantt to view the allocations in the People Gantt with the Forecasting filters applied.
Exporting Forecasting Reports
Selecting the icon will export the Supply & Demand report as a CSV or PDF and the Utilization Rate and Spend Summary reports in CSV format. Each report can contain a maximum timeframe 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 to properly display the full export on the page.