Why is ITS Forecast NOT ACCURATE? (Limited time/bandwidth to complete the…
Why is ITS Forecast NOT ACCURATE?
Limited time/bandwidth to complete the forecast each month x 4 business units
Time and resources are occupied preventing/fixing data quality issues
EPM Data inputs are not accurate/complete
Resource Recovery for ECC/PCC requires manual research and analysis
ECC/PCC mgt is not held accountable for utilization rate of their associates/contractors
Difficult to track resource recovery for PMs/ECC when they are spread across multiple projects.
EPM doesn't track resources by individual namesfor TS resources, so it is difficult to get accurate analysis without doing manual research
Portfolio Directors sometimes are not verifying the forecast data with PMs and the BUs before Finance uses the data
The PDs are not held accountable for accuracy of data
things are changing daily. Business is not static. If any of the Pms make a mistake on their project, it throws the whole forecast off.
It is not easy for PDs to see changes to individual projects
EPM Freeze is not being honored by PMs
PMs need to use EPM to record project/resource changes daily
Business isn't static
EPM is not currently capable of restricting access during Freeze dates
PMs make errors with Capital vs. Expense
PMs need training
changes by PM should be approved or communicated to PD
timing of the project can shift capital vs expenses. Once it's different than the budget that was locked in earlier, it must be explained.
Timing of projects can cause a shift in resources that impact project forecast against TS estimate
Manual activities required to get data inputs
Data comes from multiple systems and sources that require manual data collection, analysis, and reconciliations
Too many pre-meetings
Redundant/Unnecessary tasks and responsibiliities - Future State TBD