Predictive Analytics

Predictive analysis uses historical records to predict future trends or outcomes.  That got me thinking; could that be applied to timesheet records?  The most common field for predictive analysis is credit reporting, where lenders hope to predict a buyer’s ability to pay.

Do you have a 900 credit score?  Me neither…

So, back to timesheet data…  What could we possibly learn from predictive analysis of timesheet records?  Here are some possibilities:

  1. Cost and duration of certain projects in your portfolio
  2. Employee contributions to strategic projects
  3. Typical project contribution histogram overlaid on today’s projects

–newshirt

Leave a Reply