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Tool Review: Forecast.it – a smarter way to run projects more predictably

Most tools are a bit like party tricks – they do only one or two things really well – scheduling, Kanban boards or simple task management. And there are plenty of options out there if you’re after a simple standalone tool. But if you are a digital project manager tired of having to use a handful of tools and inputting the same data in each of them, you should check out Forecast.it. This is a tool that does things differently by tying disparate data together.

Forecast.it project forecasting tool home screen

Forecast.it – a complete project management tool

Forecast.it is a feature rich project management tool. It incorporates project planning, scheduling, budgeting, intelligent time estimation, execution, and reporting. It also lets you handle daily work like sprint planning, task management, time tracking, and project boards. There are some handy reporting tools too that give you quick insights into how projects will impact your business including profitability and team performance. But if that’s not enough, or you’re already tied into other platforms – also helpful is that the tool plays nicely with others too – check out more on the Forecast.it integrations with JIRA Agile, Microsoft TFS, Timelog and Zapier.

Forecast.it's project resourcing and scheduling screen

Plan and predict projects with 94% accuracy

Intelligent project planning is at the heart of Forecast.it. The tool takes an active role in helping you plan and forecast time and budgets – claimed to be 94% accurate. By applying advanced algorithmic maths and machine learning, Forecast.it can predict how much time your team will spend completing tasks to give you a heads up well in advance of any embarrassing client meetings where you have to explain project delays. This is a powerful tool that will alert you early enough on in the project when you’re forecast to run over so that you can pull the right levers to adjust the project and bring it back on track.

Run your projects however you like

Day to day project management with Forecast.it is simple and fits with almost any workflow. As with similar tools, stories, sprints, and tasks are nicely laid out and easy to work with. Whether you call it a Kanban or Scrum board, Forecast.it makes it simple to drag tasks around and get a visual overview of your projects. The difference with other tools is that you get to stay in Forecast.it  – going from project planning to project management, to time tracking, and sprint planning seamlessly. It’s all there and works together like a dream.

Optimizing your business

Forecast.it does more than just helping you plan and run projects – with a unique set of reporting tools, you get a comprehensive overview of the success of your projects with very little effort so that you have insight to not only where the projects have gone wrong but also where projects have gone well, so you can execute better.

Built-in is real-time reporting that gives a handy overview of the most important stats while the Automated Learning Algorithm (ALA) continually gathers data on running projects. This means you can generate more than 35+ predefined “out of the box” reports across a variety of metrics with data visualization and analytics built right into the solution and the option to export to Excel (CSV) for your own tinkering.

Conclusion

Forecast.it is built and run in Copenhagen, Denmark, where CEO Dennis Kayser and his teammates saw the potential of taking the benefits of large integrated enterprise tools and making them simple to use. At first glance Forecast.it can seem like a lot to take in and adapt. But once you get going you find that everything you were looking for, and then some, is there.

Forecast.it is pretty affordable too – priced at $99/mo, per project manager while team members are free. A pretty sweet deal when you compare it to the combined price of the three to five different tools Forecast.it replaces. And if you cannot live without specific features in Jira, Harvest, MS Project, etc. Forecast.it seamlessly integrates with whatever system you use.

This post was made possible with the kind support of Forecast.it

Ben Aston

Ben Aston

I’m Ben Aston, a digital project manager and VP of Client Services at FCV, a full service digital agency in Vancouver, Canada. I've been in the industry for more than 10 years working in the UK at London’s top digital agencies including Dare, Wunderman, Lowe and DDB. I’ve delivered everything from video virals to CMS’, flash games to banner ads and eCRM to eCommerce sites. I’ve been fortunate enough to work across a wide range of great clients; automotive brands including Land Rover, Volkswagen and Honda; Utility brands including BT, British Gas and Exxon, FMCG brands such as Unilever, and consumer electronics brands including Sony.

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