As a construction professional, you are already aware of the crucial role accurate forecasting plays in your capital projects. You know that a well-executed forecast can protect funds and guard against lost revenue, ensure compliance with protocols and contractual requirements, and give you greater control over delivery costs and project payments. But short of a crystal ball, forecasting can be frustrating at best and disastrous to a project if you get it wrong. It may be tempting to just “leave it to the experts.” However, that’s not your best course of action, and here’s why.
In truth, everyone on a construction project uses some element of forecasting, whether dealing with cost or revenue, scope or duration, or labor and resource allocation. Therefore,
everyone should aspire to be a great forecaster. But where do you start, and what does superior forecasting look like?
Join InEight’s Product Director, John Upton, and Client Success Director, Megan Siefker, plus special guest, certified Superforecaster and CEO of Good Judgement, Warren Hatch, as they explore and explain what it takes to become a great forecaster no matter where you are in your construction journey.
In this webinar, topics covered will include:
- How looking into your project’s “rearview mirror” can lead to your best future outcomes
- Avoiding the dreaded optimism bias by realizing that your data doesn’t lie
- Why accounting for the future always means accounting for costs within time-phased forecasts
- The best way to integrate scope, cost, and schedule for timelier, smarter decisions
- What it means to be a Superforecaster, and how you can start using their best techniques now
