DeltaMaster clicks! 12/2014

Different methods for making projections

Greetings, fellow data analysts! When people emphasize you have to look to the future, they often want to distract from something bad that has recently happened. In those cases, you should look back and analyze what exactly has gone wrong; in conclusion, we especially learn from experience. Dwelling on the past has a negative connotation – unrightfully so, in our opinion. If you want to drive the future, you need to understand the past. On the other hand, taking responsibility Read More …

DeltaMaster clicks! 05/2007

Budget/actual comparisons with trumpet curves

Greetings, fellow data analysts! “Making predictions is difficult, especially about the future,” once commented the Danish physicist and Nobel Prize winner Niels Bohr. Who can argue with that? Wrong forecasts don’t just come from the weatherman. There are tons of famous people who make prophesies about almost every aspect of life – that are downright wrong. Everyone knows that. But despite the difficulties that lie in the very nature of making predictions, we have to look ahead, gauge what lies Read More …