smart

SMART Forecast enhancement

SMART Forecast enhancement

What is SMART v2.0?  SMART v2.0 is an enhanced version of the existing SMART forecast which is a prediction of how many labor hours should be scheduled according to expected activity in the hotel.   This replaces the existing SMART forecast, shown as the yellow line...

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What is SMART?

What is SMART?

SMART stands for Specific, Measurable, Achievable, Realistic & Time-sensitive. In PMI, the SMART calculation uses forecasted, budgeted and/or last year’s productivity in that department's cockpit to calculate how many hours should be used in the current period,...

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How does SMART allocate daily hours?

How does SMART allocate daily hours?

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 manual primary cost...

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SMART forcast explained

SMART forcast explained

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 forecast and historic...

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