Forecast logo

Forecast

by Forecast · Since 2016
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ActiveAvailable globallyCloud
Quick facts
VendorForecast
Year launched2016
StatusActive
Location‍Ground And First Floor 36-38 Hatton Garden London EC1N 8EB United Kingdom
Countries servedGlobal
Languages10
Integrations26+
Free tierN/A
Free trialN/A
Contact salesYES

About Forecast

Forecast is an AI project and resource management software from Forecast that helps operational leaders plan, run, and track projects in a centralized location. It combines integrated AI, resource allocations, and revenue recognition so users can effectively manage their projects and improve team productivity. This platform supports rate cards and story points to facilitate accurate planning and budgeting. With these features, teams can maintain clarity and meet project deadlines more efficiently. Forecast is designed for agencies and consultancies that need to manage projects while maximizing resource utilization. Key capabilities: integrated AI resource allocations revenue recognition rate cards story points Best for: operational leaders that need to simplify project and resource management.

Forecast is a sophisticated task management software designed to streamline project workflows, enhance team collaboration, and improve overall productivity. As an emerging leader in the task management software space, Forecast offers a comprehensive suite of tools aimed at optimizing task management, resource allocation, and project planning. This review provides an in-depth exploration of Forecast’s features, usability, strengths, and potential areas for improvement. Forecast stands out with its robust set of features tailored to manage tasks effectively. At its core, the software provides a central platform for task creation, assignment, and tracking. Users can break down projects into manageable tasks and subtasks, assign them to team members, and set deadlines. The intuitive task interface allows for easy prioritization and organization, which is crucial for maintaining productivity and meeting project milestones. One of Forecast’s standout features is its advanced resource management capabilities. The software uses artificial intelligence to predict project timelines and resource needs based on historical data and current project parameters. This predictive capability helps project managers allocate resources more effectively, avoid bottlenecks, and ensure that team members are not overburdened.

Pros & Cons

Pros
  • Predictive Resource Management: AI-driven predictions for project timelines and resource needs enhance planning and efficiency.
  • Visual Planning Tools: Kanban boards and Gantt charts provide clear, visual representations of project workflows and progress.
  • Integration Capabilities: Integrates with popular communication and productivity tools, centralizing project information and reducing the need for external platforms.
  • Comprehensive Reporting: Detailed reports and analytics offer valuable insights into project performance and resource utilization.
  • User-Friendly Interface: Clean design and intuitive navigation make the platform accessible to users of all technical levels.
Cons
  • Complex Features: The advanced features, particularly predictive analytics, may have a learning curve for users unfamiliar with AI-driven tools.
  • Integration Limitations: While Forecast integrates with many tools, some users may find the need for additional configuration or experience limitations with certain integrations.
  • Pricing Structure: The software’s pricing model may be on the higher side for smaller teams or organizations with limited budgets.

Features

Key features

AI-Powered Project Management

Offers AI-driven insights and recommendations.

Resource Management

Manages team capacity and resource allocation.

Financial Management

Tracks project finances and generates reports.

Integration with Other Tools

Integrates with various tools for seamless workflow.

Real-time Insights

Provides real-time visibility into project progress and resource utilization.

Predictive Analytics

Uses AI to predict future trends and outcomes.

Scenario Planning

Allows for testing different scenarios and their potential impacts.

Collaboration Tools

Facilitates collaboration among team members.

Customizable Dashboards

Offers customizable dashboards for personalized reporting.

Additional features

Intelligent Recommendations

Provides AI-driven recommendations for project management.

Risk Warnings

Flags potential risks and issues.

Team Focus

Helps teams focus on the most valuable work.

Predictable Execution

Ensures projects are delivered on time and within budget.

Capacity Planning

Plans team capacity and resource allocation.

Workload Balancing

Balances workloads across team members.

Resource Optimization

Optimizes resource utilization.

Real-time Tracking

Tracks resource utilization in real time.

Invoicing

Generates invoices for projects.

Expense Tracking

Tracks project expenses.

Financial Reporting

Generates financial reports on project performance.

Cost Control

Helps control project costs.

Time Tracking

Tracks time spent on tasks and projects.

Gantt Charts

Creates Gantt charts to visualize project timelines.

Project Milestones

Sets and tracks project milestones.

Product Portfolio View

Provides a view of the entire product portfolio.

Project Scoping

Defines project scope and requirements.

Project Baselines

Establishes project baselines for comparison.

Notifications

Sends notifications to keep users updated.

Expenses

Tracks project expenses.

Reporting & Analytics

Generates various reports and analytics.

Utilization Reports

Generates reports on resource utilization.

PPM View

Provides a project portfolio management view.

Approvals

Manages approval workflows for tasks and decisions.

Pricing

Free trial
Free version
Request a quote
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Countries & Languages

Global
Countries served
10
Interface languages
11
Billing currencies

Interface languages

EnglishFrenchGermanDutchSpanishItalianPortugueseRussianJapaneseChinese

Billing currencies

🇺🇸USD🇪🇺EUR🇬🇧GBP🇦🇺AUD🇨🇦CAD🇯🇵JPY🇨🇭CHF🇸🇬SGD🇳🇿NZD🇨🇳CNY🇮🇳INR

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