Forecasting with Idalia AI

The Idalia forecasting engine predicts your projects' key dates more accurately by drawing from all information sources. It's completely automatic and continuously updates in realtime.

Projects never go to plan. That makes managing your resources--like assets, labour, and cash reserves--a challenge.

Today, Idalia is announcing its work on a brand-new forecasting engine to...

  • Make more acurate predictions about critical project dates, and
  • Give managers visibility into actual and potential overruns and clashes.

How does it work?

For each project "task" that qualifies, the forecasting engine considers all available information sources and provides a best-guess of the expected actual date.

Consider an example. You work for a crane company and are managing the hire of one of your tower cranes to a large construction project: it's TC1 at the Town Hall Refurbishment.

The project is already 2mths behind: the crane was supposed to be there for 10mths, but it's already been 12.

The client is telling you they're on track to give you back the crane at the end of the month. But they said that last month, too.

You've got other jobs lined up for the crane, but you're about to lose them because you don't have a spare asset to send.

In situations like these, the Idalia forecasting engine helps you make better decisions.

Everyone has a plan until they get punched in the mouth

Schedules and budgets are bible in project management. Just don't be naive and assume they'll be accurate. Your schedules and budgets are aspirational. They're management tools.

Real life is more messy, more chaotic, than any gantt chart or spreadsheet can capture.