Configuring Additional Insight Settings
On the IPM Configurator Configure page, click Show Advanced Options to define the metrics and trigger criteria for insights. For information about Auto Predict Advanced Options, see Configuring Advanced Auto Predict Options.
- For Forecast Variance & Bias Insights:
- Deviation Metric
- Metric: Select the metric to use for analysis for the variations between the historical actuals and the historical forecasts submitted by planners.
- Threshold: Select the deviation percentage at which to trigger an insight. For example, if you specify 15 as the threshold, any time the deviation between historical actuals and the historical forecasts submitted by planners is 15% or greater, an insight is generated.
- Bias Metric
- Error Tolerance Limit: Specify a percentage for the error tolerance limit. For example, if you enter 5%, any difference of 5% or greater between historical forecasts and historical actuals is considered a significant variance.
- Bias Metric: Specify the metric to use to measure forecast bias.
- Bias Threshold: Select the deviation percentage at which to trigger an insight.
- Deviation Metric
- For Prediction Insights:
- Deviation Metric
- Metric: Select the metric to use for analysis for the variations between the future forecasts submitted by planners and computer-generated predictions.
- Threshold: Select the deviation percentage between the future forecasts submitted by planners and computer-generated predictions at which to trigger an insight.
- Risk % and Threshold: Select the risk level you are willing to tolerate of not meeting your forecast before triggering an insight. This setting evaluates the probability of meeting or missing the target for your current forecast numbers.
- Deviation Metric
- For Anomaly Insights:
- Method: Select the anomaly detection metric to use for analysis.
- Threshold: Select the threshold at which to trigger an insight.
For details on the metrics used in IPM Insights, see IPM Insights Metrics in Working with Planning.