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DeltaMaster clicks!
May 2007
Trick of the month:
Budget/actual comparisons
with trumpet curves
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May 2007
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 before us especially if we have already anticipated something and
made plans for the future. In that case, we have to keep our eyes open so that we quickly realize when things look as if they could get out of hand.
Fortunately, tried-and-true business methods like the trumpet curve help proclaim when trouble is on the rise. It shows us where we stand, how we are progressing and where we are headed – without relying on psychic mind-reading powers. That’s why it has been an integrated part of DeltaMaster since 2003 – not as a crystal ball gimmick but as a pragmatic, robust and elegant instrument for your budget-actual comparisons.
And as we can clearly see, it is about time that we introduce you to it!
Sincerely,
Your Bissantz & Company team
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