How do I use the Labor Forecast Builder?
Labor Forecast has been updated to provide a more seamless user experience that includes a new feature that allows you to build out labor forecast projections over a job’s duration. RIVET’s Labor Forecast Builder enables you to build a forecast when you know either the average number of workers on a job or the job’s duration.
Start with these steps:
- Navigate to the Jobs Forecast
- Expand the job you would like to forecast
- Select the Build Forecast icon (circle with a plus sign in the center)
- Choose between “I know the average number of workers” and “I know the project duration”
Average number of workers:
- Enter the Labor Hours to Forecast (or Labor Budget to Forecast and Average Labor Cost)
- Forecast dates and number of average workers
- Choose how you would like to distribute the labor. You can Build Evenly or use a Trapezoid which will reflect a ramp up period, peak period, and ramp down period for the job.
Job Duration:
- Enter the Labor Hours to Forecast (or Labor Budget to Forecast and Average Labor Cost)
- Enter the Forecast range including the start and end date. If you know the start date and duration in weeks or days, the end date will calculate automatically.
- Once the duration of the forecast is included, an average number of workers will be presented
- Choose how you would like to distribute the labor. Select between Build Evenly or Trapezoid.
Forecast Summary
Beneath the form and graph, there is a summary with helpful insights from the built forecast distribution. These insights show how the forecast distribution relates to the number of hours or budget available on the job and highlights areas of concern such as being over budget.
Fine Tuning a Trapezoid Distribution
When a trapezoid distribution is selected, you can override the default values for ramp up, ramp down, and peak period durations, as well as the number of minimum number of workers on any given week.
Select Fine Tune Trapezoid to adjust ramp up and ramp down values. Simply drag the peak period start and end dates, which will adjust the amount of labor used. Once it is adjusted to your liking, select Back to Details.
When you’re ready to submit the forecast, select Create Forecast. You can review the distribution that you have built and select Confirm to update the forecast values. Once you’re ready, select Publish to prompt schedulers to assign crews.
