[Infographic] 5 Benefits of What-If Forecasting


EPMO, Internal Audit, IT, Product Development, Professional Services, Resource Management, Strategic Portfolio Management

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When conditions change, decision makers need to know the impact of pausing, canceling, or delaying projects. They need to predict the outcome of laying off staff or onboarding new employees. They need to discover what can be saved and what benefits can be achieved by moving projects or resources to different locations. Crucially, they need to know how many projects they can or cannot perform.

Tempus Resource’s What If Analysis modeling tool allows Resource Managers to make informed decisions. Teams can run scenarios and plan more effectively when doing scenario planning, which provides options and answers about the ways forward and uncovers opportunities within possible disruptions. Being able to answer these questions provides much more potential for success:

  • What happens if this critical person leaves the team?
  • What is at risk if we are one person short?

What If analysis is also valuable to test hypothetical scenarios so you don’t have to commit the time, money and resources up front. You can see the effects of hiring more contractors or extending project deadline in real time, helping you make more informed decisions.

5-Benefits-of-What-If-Forecasting-Infographic

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