What are KPI targets? Key performance indicators (KPIs) can be used to track your performance, as an alternative to using a budget. By comparing KPIs to actual results and the Live forecast, you can see if you are on or behind pace to reach your...
What is a parent cockpit? The purpose of a parent cockpit is to: Enable consolidation of hours and activity cost drivers. Streamline review and update of two or more sub-cockpits. For instance, IT, maintenance and finance departments are operated...
Summary How to close a Profit Center/Live Forecast and/or a cockpit during a period. Intended Users Forecast Owners and Cockpit Owners. Requirements Administrator user rights. Instructions Live Forecast/Profit Center If you for periods, need to...
What is the staffing guide? The staffing guide is a recommendation of how many labor hours to schedule each day for each department. Once activated, it can be viewed as the green lines in the graphs of each labor cockpit. Users with...
It is possible to use Arrivals and/or Departures as a cost driver in a cockpit.When you activate the forecasting feature for Arrivals/Departures in Room Live forecast, it will generate a daily forecast for arrivals and departures. This forecast...
Summary Time Sheet is a summary of all Labor Cockpits − actual and scheduled future hours. Intended Users Heads of Departments, Management Team and Human Resources. Instructions Important notice: The Time Sheet will only be valid if all Cockpits...
Summary There are different ways to handle Labor Cost in PMI R&P. In the Cockpit the Rate will always be displayed and the box where it is displayed can either be open for edit or closed depending on other settings done. We differentiate...
What is Min/Max? MIN/MAX hours is a setting in the labor cockpits in PMI. It allows you to manually set a minimum and maximum number of hours to be scheduled each day of the week for your department. Exceptions can be added holidays and fixed...
SMART is a monthly forecast based on the productivity/hours forecast set (How is SMART calculated?). It identifies historic trends to suggest how many hours should be scheduled each day in order to meet the monthly productivity/hours forecast. The...
What is a SMART forecast? The SMART forecast in PMI is a daily breakdown of your monthly productivity/hours forecast . SMART forecast allocates the month forecast to each day based on the expected activity levels of hotel using the cost driver...
Summary The Cost Driver Tab in the Labor Cockpit is used for managing the department’s cost driver. Most hotel groups have corporate standards to be able to compare like for like, please verify with your Head Office before changing the settings....
Summary PMI Labor Cockpit (and Schedule) are used to manage labor cost and adjust the staffing according to expected level of activity in the department, both short and long term. This article covers the Budget and Forecast preparations needed for...
What is the Labor cockpit? The Labor cockpit is where department heads manage their staff schedules. The Cockpit provides details on hours, productivity and labor cost both for past and future months. It includes hours imported from your time...
Intended Users Cockpit Owners Instructions All historical labor hours are entered in PMI by importing from a timekeeping system (TKS), editing the schedule or directly in the labor cockpit. As a general rule, all cockpits should be updated and...