Historical perspective + predictive analysis = greater insight
This post is the fourth in a seven-part series that highlights the benefits of Vision Performance Management or VPM. Click here for the first post in the series.
First, what is VPM?
VPM is the only powerful business intelligence solution built specifically for project-focused organizations. You can proactively improve performance and mitigate risks across the entire organization before it’s too late.
Historical perspective + predictive analysis = greater insight and business intelligence
You may have heard the old saying that past behavior is the best indicator of future success, but that doesn’t always hold true in the A/E/C market. It is a key data point for business intelligence.
Many reports in Vision only give you financial history, project billings or opportunity forecasts, but VPM lets you look at historical data and projections in one simple graphical view.
What does this mean for your organization?
Business intelligence is all about having the right information to make informed decisions when you need them most. With accurate historical data and accurate forecasts, you can better align strategic goals, priorities, resources and budgets to achieve your desired outcome. You can also check where you are at any given time – how has your historical perspective changed and how is your outlook improving or deteriorating as you move through your fiscal year.
Look through the windshield and the rearview mirror so you can predict the forks in the road before you hit the roadblock head on.
To see how it works, check out “What Drives Your Decisions?” on Slideshare today!
Want more information on how to add VPM to your Vision platform so you can let your goals drive your decisions? Contact your Account Manager for more details.
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