Release Notes: May 01, 2024

Gain accurate project financials without granular tasks by using resource allocations

Previously, Forecast's financial reporting on projects was based entirely on task estimates, assignments, and time registrations. This provided accurate financials for projects scoped and tracked in this way.

However, not all projects work the same way. Agile projects may have a fixed team for the duration, while tasks are not defined and estimated in advance. Staff augmentation services may mean that a set proportion or all of a resource’s time is spoken for in advance, making timesheet entry redundant and burdensome. Some teams or organizations may wish not to track time at all.

Our new project settings bring significant benefits to your project management. They allow project financial values and hours to be calculated directly from resource allocations, eliminating the need for task estimates or time registrations. These settings can be configured for project Hours, project Cost, and project Revenue-based figures and applied to Planned, Actual, or Forecast to Complete data categories. By implementing these changes, you can streamline your financial reporting and improve project efficiency.

Improve security and productivity by requiring single sign-on

Customers using Okta, OneLogin, or Azure Active Directory can now choose to enforce single sign-on (SSO). This means better security and less time wasted while users log on. It is also possible to qualify specific users as exempt from the requirement, which we recommend in case there is any issue with the SSO platform.