š® Crystal balls, tarot cards, coffee grounds, or palm readingsāproduct managers and team leads will try anything to save a project! Rumor has it that some teams even schedule releases based on astrology, hoping to keep bugs from flooding production. And the most superstitious? They put their faith in fortune cookies. š
But letās be honestānone of these count as data-driven decision-making. When making informed choices, we have to ditch the guesswork and turn to something more reliable: math and analytics.
⨠Good news! The Time in Status app just got an updateānow featuring a trendline in the column chart to help you āpredict the futureā using actual data.
Letās dive in and see how it works!
Without a clear view of how time-based metrics are evolving, teams can face several pain points:
The new trendline feature helps teams tackle these challenges by providing data-driven insights into how time metrics change.
A trendline is a statistical tool that identifies patterns in your data and projects future values based on historical trends.
Each trendline is accompanied by an equation, such as:
y = Ax + B | R² = C
Where:
Let's generate a time in status column chart for a specific project by task for the last 30 days with a weekly breakdown. We'll get a trendline and a formula.
The Equation: y = 16.48x + 22.74 | R² = 0.67
What the Variables Mean
What R² = 0.67 Means
The R² value tells us how well the line fits the actual data points:
To forecast using the formula y = 16.48x + 22.74 | R² = 0.67, you just need to plug the corresponding x-value (the week number) into the equation to predict the Time in Status (y) for that week.
Hereās how you can do it:
Steps to Forecast Using the Formula:
Example: Forecast for the 5th Week (x = 5)
y=16.48Ć5+22.74
y=82.40+22.7
y=105.14
So, for the 5th week (Mar 17 - Mar 23), the predicted Time in Status would be approximately 105.14 days if the trend continues.
Unlike static reports that only show past performance, the trendline gives you a forward-looking perspective. It helps teams stay proactive rather than reactive, ensuring smoother workflows and better decision-making.
By making data visualization and forecasting effortless, this feature empowers teams to:
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Identify inefficiencies before they escalate.
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Improve workflow predictability
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Back decisions with solid data
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Optimize resource allocation and prevent team overload
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Provide better reports and insights to stakeholders
The trendline in Time in Status app is an invaluable tool if you want to go beyond just tracking time-based metrics and start optimizing them.
Try it today and take your workflow efficiency to the next level!
Iryna Komarnitska_SaaSJet_
Product Marketer
SaaSJet
Ukraine
8 accepted answers
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