Concept definition A constant in PMI Planning is a defined numeric value used to apply a consistent amount or ratio across one or more forecast periods. It’s commonly used for costs or revenues that repeat monthly or follow a stable pattern—like equipment leases or...
Concept definition This article shows how to use the three available input methods in PMI—manual, even and source definition—to enter values for revenue, cost of goods sold (COGS), or other expenses in the Planning module. These methods can be used across different...
Objective Add or update Room revenue in the Planning module to ensure accurate budgeting and forecasting. Requirements Access to the Planning module in PMI Appropriate user rights Estimated time to complete 3 minutes Steps Log in to PMI. 1. Go to the Profit & Loss...
Concept definition The express planner (EP) in PMI is a forecasting tool designed to automate the generation of monthly forecasts for ancillary revenue and labor hours. It helps users quickly generate projections based on historical data, growth assumptions, and...
Video tutorial playlists Welcome to our comprehensive collection of PMI video tutorials, organized by topic to facilitate your learning journey. Whether you’re new to PMI or seeking to deepen your expertise, these playlists offer structured guidance across various...
There are now 2 options to choose from when Planning setup has been selected. Roll forward forecast This is a new feature that allows you to generate an updated monthly forecast without having to complete the planning setup each month. We recommend using this option...
What is its purpose? It reduces the manual workload and makes forecasting less error-prone. It enables you to import scheduled hours and base salaries from an external system(s). It enables you to forecast on both staff member level and total. You are able to review...
Room revenue planning is where you review and update monthly room revenue forecasts and budgets. It replaces the Budget & Forecast page for Room revenue. The forecast looks at number of room nights, Average Room Rate (ARR) and resulting room revenue. The page...
What is sense check mode? Sense check is a feature to help minimize errors in your data. It highlights obvious errors and values that seem extreme so you can review, correct or validate as needed. Sense check appears as an option on pages in PMI that have data tables,...